PROCUMENT planning has been there since the dawn of industry and commerce. But for some organisations, this very important business process has been regarded as a poor second cousin of other ...

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...

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 ...

The procurement journey begins with clearly defining the required materials. Production managers, engineers, and procurement specialists collaborate to determine precise specifications, quantities, ...

Australian Defence procurement is making important steps with the idea of minimum viable capability—acquiring not an ideal system but something that’s good enough to meet the immediate threat. Now it ...

Procurement has become a business strategy in organizations today and a business factor that is used to determine whether the ...

Material procurement affects everything from product quality to company profits. Smart businesses know that good procurement is more sophisticated than just buying stuff. It includes building ...

We’ve heard too many horror stories about procurement in government. Opaque processes, favored bidders, and rigged specifications — resulting in delayed, poor quality, and badly implemented projects — ...

The Open University of Sri Lanka (OUSL) is a pioneering national university in Sri Lanka designed to provide education through open and distance learning methods. The Faculty of Management Studies of ...