Procurement and sourcing are cornerstones of any business operation, as they greatly influence the cost structures, quality of production, and overall profitability. They ensure a steady flow of the ...

Stefan Pollack is president of The Pollack Group and an adjunct professor at the USC Annenberg School for Communication and Journalism. The request for proposal (RFP) process is designed to ensure ...

Local governments should adopt guidelines to ensure integrity of the procurement process. Most communities already have these types of guidelines in place. Examples of common government procurement ...

Procurement is a crucial component of a healthcare organization’s ability to function optimally. Without essential medical equipment and pharmaceuticals, it's harder to maintain safe working ...

In facilitating service delivery, the government is involved in a series of current and recurrent expenditures to pursue public projects and programmes that are meant to activate the government’s ...

The past year’s economic volatility forced business leaders to shift strategies and reduce spending while simultaneously seeking new paths to profitability. In particular, according to a Gartner ...

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 ...

Green procurement CLIMATE change is upon us. It is affecting all spheres of our daily lives. The adverse effects of climate change are being felt everywhere by everyone. The increased frequency and ...

This is an excerpt of the original article. It was written for the May-Jun 2024 edition of Supply Chain Management Review. The full article is available to current subscribers. In each issue I try to ...