Modernization, branding, and business model aside, if your company is rife with inadequacies and led by poor decision-making, your potential for growth will become stunted. Whatever segment or industry you are in, procuring goods and services both professionally and strategically will accelerate your accomplishment. Effective procurement due dili ....

The market research phase of the procurement lifecycle is well-defined as the procedure of defining the specific requirement and determining the most suitable acquisition method for a procurement. The market research phase is debatably the most imperative phase of the procurement lifecycle in that it is where the research is functioned, the vast ....

Procurement market intelligence is a progressively vital component of corporate buying, and today’s companies must invest in this area to encourage the overall success. Procurement experts are tasked with sourcing direct materials, confirming that these materials attain on time and decreasing the costs as much as possible. While determined to accom ....