Unfortunately, many businesses either misunderstand or even disregard the importance of procurement’s role within their organization. Optimizing procurement is beneficial on many levels, adding actual value to your business,...
Businesses typically buy products or services from multiple vendors. Procurement professionals handle the details of procuring these purchases at optimal prices. Establishing consistent procurement policies and procedures enables a...
A company’s supply chain consists of all entities involved in completing a customer sale, including suppliers, manufacturers, distributors, logistics providers, retailers, and customers. Supply chain functions include product development,...