Purdue University Procurement Services has been undergoing an organizational transformation that will continue over the course of the next few weeks. In alignment with the Transform Purdue initiative, ...

MIAMI & LONDON--(BUSINESS WIRE)-- Through full deployment of digital tools, typical procurement organizations can reduce operational costs by up to 45%, achieving efficiency levels below those of ...

When a multi-billion dollar transportation and airline company sought to get its arms around its unwieldy procurement operation, it turned to a tried-and-true tool to do it: the balanced scorecard. It ...

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 ...

Centralizing purchasing becomes increasingly more important the larger a small business grows. Most importantly, a decentralized purchasing structure in which individual departments are responsible ...

At a time when manufacturing firms are grappling with soaring input costs, fragile supply chains, and relentless pressure to protect margins, the ability to negotiate effectively has become a defining ...

The most common organizational structure in business is a hierarchy of functional departments and units through which work flows in order to achieve maximum performance. Its alignment enables ...

In our first post on the this topic, we highlighted the implications of the $62-billion U.S. government program to incentivize utilities to embrace best practices for streamlining procurement ...

Organizations looking to improve the process side of procurement, stakeholder engagement and analytics, can find the answer in a chief procurement officer (CPO). The cost of adding a CPO can often be ...

Purdue University Procurement Services has been undergoing an organizational transformation that will continue over the course of the next few weeks. In alignment with the Transform Purdue initiative, ...