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 ...

A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, ...

Did you know that efficient procurement practices can add to your organization’s competitive advantage? Before I explain how, I want to start out by talking about Porter’s Five Forces of Competitive ...

According to Deloitte’s Global Chief Procurement Officer Survey, 61 percent of procurement leaders delivered a better year-over-year savings performance in 2017, yet only one in four believe they’re ...

Government of Alberta departments adhere to the principles of the Procurement Accountability Framework, which reinforces fairness, transparency and integrity in the procurement process. For more ...

Web-based Procurement Management Systems Standardize Purchasing Procedures, Increase Transaction Oversight and Streamline Accounting Processes for the U.S. Military The Defense Energy Support Center ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...