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 ...

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 ...

Sharing information and a focus on synergistic outcomes will lead to better results for your company. Imagine this scenario: You're a custom home builder and a family comes in with specific requests.

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 ...

The ISO, known as the International Organization for Standardization in the United States, is the world's largest non-governmental organization that develops and publishes international standards for ...

Editor’s note: Bill Shawver is the chief procurement officer for Miami University of Ohio. Jim Bard is a principal with Accenture Management Consulting’s operations practice With the challenge to ...

The United States Department of State is pictured in Washington, DC on August 6, 2021. (Photo by DANIEL SLIM/AFP via Getty Images) The State Department wants industry to weigh in on what it would take ...