Like many companies ahead of their time, Amazon may have taken several years to actually turn a profit, but again and again they continue...

Many companies retain relationships with their product suppliers for many years. But sometimes the relationship changes and the issue to...

Every field always changes and evolves over time and supply chain management is no exception. In some ways, supply chain management...

costDoes the wording that you use in the name of your department truly reflects its value? What is your department called? Sourcing?...

Procurement specialists on LinkedIn discuss the role machines will play in the evolution of procurement. Will machines replace people...

Among the most important targets of cost management for a small business is ensuring that it has a positive cash flow. The higher the...

eProcurement is supporting technologies with a broad range of purchasing and sourcing options. Not limited to a particular discipline or...

When someone is planning to purchase products or services, they will often use a PO document to make their intentions known. This...

A frequently seen indication of poor procurement management is the existence of nepotism in the supply chain . This is a vendor that has...

Here are the challenges for Procurement 2017! These are the top 5 that you need to look out for in the new year: 1) The Challenge of...

Procurement trends have changed drastically over the last several decades. These changes have been noticeable in the last decade. ...

An online study designed through a collaboration between ICM Unlimited and Purchasing Insight took the form of interviews with 706...

Invoice factoring is provided for companies that provide services or products for customers and have a need for added cash flow. Purchase...

Industrial revolutions are historical events. The first phase was ushered in with the commercial steam engine and the mechanical loom....

Purchase order numbers seem to be a simple subject. A PO number, which is typically defined by the buyer, uniquely identifies a purchase...

Procurement profession is practiced by millions of people around; however, each and every one of them is unique. Knowing the series of...

In today’s day and age, procurements and the financial accounting involved with them are carried out electronically with the help of...

The core tenets of construction may have stood the test of time, but a new wave of digitization is poised to revolutionize the...

Relying on a procurement app grants many advantages that make the process of dealing with purchase requisitions or orders easier than...

Procurement Trends: Readers are always asking what the next big thing is coming down the pike that is likely to affect their job and the...

While procurement managers typically focus on cost containment to provide important savings for their company, utilizing e-procurement...

The world of procurement is always changing and evolving. For example, we are not focused more on sourcing strategies based on facts and...

Debates over whether sole-sourcing, also referred as ‘no-bid-contract’, have increasingly ended at stalemates in many companies’...

While the ability to see the “big picture” is considered crucial in corporate cost management, those who have worked in Central...