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...

5 Critical Supply Risk Mitigation Principles for Your Sourcing Process In order to manage saving potential, e-procurement and contract...

If your work day seems like a re-run of the infamous “I Love Lucy” episode, with your day-to-day tasks seeming like bon bons flying off a...

Whether your company is a worldwide conglomerate or a mom-and-pop shop, you’ve likely made thousands of purchase orders that are...

Supplier Negotiations can be a tough topic. When suppliers eliminate competition by minimizing costs or creating technology interferes...

Choosing to take advantage of indirect goods can be a great way to save your organization some money since many suppliers are always...

Unfortunately, advertisements are running rampant via technology these days, and they’re everywhere including on the many devices that are c

Advantages Provided By Procurement Clustering A geographic concentration of companies that are interconnected is known as a cluster. This...

Procurement specialists are responsible for locating and purchasing high-quality products and services which will benefit the business...

The "Approve Purchase Orders" feature in Digital Purchase Order allows users to review and authorize purchase orders before they are...

The "QuickBooks Integration" feature in Digital Purchase Order enables seamless synchronization between your purchase orders and...

The "Bypass Feature" in Digital Purchase Order allows users to override standard workflow steps or approval processes when necessary....