Monitor the flow of events and tasks among project stakeholders, PMs, the procurement management team and subcontractors. Michael Taylor, a project manager with more than 30 years of experience, ...

APQC released the results of its latest study, Supplier Category Management: Driving Value Through the Procurement Process. Audit, tax, and advisory services provider KPMG LLP served as the research ...

Borrowers are government clients of the World Bank that receive financing for public sector development projects. Borrowers are responsible for managing the procurement process, which includes ...

Most procurement professionals during challenging times would file the procurement procedure book in the round file cabinet and resort to a more “hand-to-mouth” strategy, but your procurement process ...

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 ...

Projects are the cornerstone of all business activities in small companies. Firms must complete various projects to achieve their financial goals and obtain information. Business owners and managers ...

The procurement lifecycle in companies has a direct impact on their productivity, efficiency, and returns, thereby making ...

In the business world, risk is ubiquitous. Costs rise. Sales slip. Products malfunction. Delivery windows crack. But despite these enduring realities, risk's nature and scope have accelerated in the ...

Companies are increasingly struggling with procurement — the strategic process of acquiring goods and services to execute tasks across the organization. According to a recent survey from procurement ...