A functional and cohesive procurement policy is vital to improving profitability. While clear standard operating procedures are important, it takes more to create efficiencies. The procurement ...

When I sit down with procurement leaders, they are often facing the same challenge: Their departments are stuck in a tactical data processing mode with limited resources and increasing ...

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

The key roles of procurement and finance departments are changing, morphing into a new, more integrated process. Not everybody is happy about the merging functions, but I think it's strange that ...

Unlike commercial communication equipment—where rapid innovation and open competition drive pricing—defence communication systems operate within rigid government procurement frameworks. These ...