Most procurement professionals during challenging times would file the procurement procedure book in the round file cabinet and resort to a more “hand-to-mouth” strategy, but your procurement process ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

The ability to consistently get accurate cost estimates for new products and parts is elusive. Cost estimates are inherently imprecise, and the underlying drivers can change daily based on the price ...

This is an excerpt of the original article. It was written for the July-August 2019 edition of Supply Chain Management Review. The full article is available to current subscribers. If you’re a ...

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time and missed ...

With Euna’s full-cycle procurement solution, Arlington Independent School District streamlined every stage of the procurement process, from sourcing and contracting management to purchasing and ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

As the disciplined process of acquiring goods and services for operations, procurement typically manages between 50% to 70% of total company expenditures. That’s a lot, and many organizations now ...

Travel and hospitality buyers are embracing new approaches to deliver wide-ranging benefits and transform the guest experience. At a time when hospitality companies continue to struggle with staffing, ...