Every aspect of your business can benefit from being reviewed and evaluated from time to time. Procurement is no different. Yet too often this function is overlooked when it comes time for reviews.

When it comes to financial management, companies are forever walking the line between giving finance teams complete control and visibility over spend and allowing employees to move quickly without ...

Where does your business stand on a procurement maturity level? If you want to improve something, a good first step is to evaluate where you are and determine your strengths and weaknesses. The ...

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

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

Procurement is just as vital for SMEs at it is for large organisations, with formal procurement processes serving an equally critical role in helping them reduce costs, keep control of spend and ...

THE major weakness in developing countries is the lack of procurement capacity. Procurement, together with engineering, are the oldest professions dating back to the first century. Unlike engineering ...

The evolution of the procurement function from a peripheral role to a more strategic one is helping unlock its full value in companies and organisations. Previously, the procurement function primarily ...

When you think of Coca-Cola, what comes to mind? A caramel-colored carbonated beverage that provides you with a pause that refreshes during work and play? Or perhaps it’s that uniquely shaped bottle ...