Small businesses use a purchasing department to obtain economic resources for their production processes. Purchasing is also responsible to acquire production assets, business equipment, facilities ...

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 ...

The bid process is governed by the limits set by the University at which purchasing decisions can be made and executed within a department and when the Purchasing Department is engaged. Departments ...

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 ...

Procurement and Payment Services has implemented a new streamlined process to document purchasing decisions made by departments and schools. Staff no longer need to choose Bid Documentation Form (BD-1 ...

Before being processed each payment or commitment to purchase is reviewed by the Purchasing office, and in certain instances the Office of Research Programs (ORP), to ensure that the materials or ...

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 ...

Purchasing & Strategic Sourcing is responsible for strategically sourcing on behalf of the University. Strategic sourcing is the process of analyzing the University's spend, going through a formal and ...

Explore the pros and cons of central purchasing, a strategy to consolidate procurement for cost savings and efficiency, and ...

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 ...