Procurement department organizational structures often -- but not always -- reflect the organizational structure of your business. Additional factors, such as communication patterns, the size of your ...

This article was originally published in Forbes.com. Imagine this scenario: You’re a custom home builder and a family comes in with specific requests. They want five bedrooms, three bathrooms and a ...

The scope of procurement extends throughout the entire supply chain, influencing everything from raw material sourcing to final product delivery. Large manufacturers might employ dedicated procurement ...

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 ...