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 purpose of this policy is to maintain strong business practices, ensure compliance with regulatory requirements and promote the best possible value in the sourcing of products and services at the ...

Scaling AI across the procurement function and designing in greater resilience against geopolitical disruption are amongst ...

Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...

The purpose of this document is to clarify the roles and responsibilities of RIT departments involved in the supplier contract review process including the department procuring the goods or services, ...

Stefan Pollack is president of The Pollack Group and an adjunct professor at the USC Annenberg School for Communication and Journalism. The request for proposal (RFP) process is designed to ensure ...

That’s why it’s critical to arrange the procurement process in such a way that initial information about applicants does not favor any specific applicant. Likewise, the belief bias would cause ...

Procurement hasn’t always been seen as the ideal, agile strategic partner of the enterprise. Cumbersome sourcing processes, lengthy buy and contracting cycles, and gaps in domain expertise have ...

The past few years have demonstrated the procurement function’s ability to adapt to price fluctuations, changing consumer needs and supply chain disruptions. Once regarded as a back-office process, ...

Prior to purchasing a technology item, an Information & Communication Technology (ICT) Procurement Request form must be submitted and approved for any requisition or credit card order that contains a ...

Over a decade of conflict has decimated Syria’s infrastructure, killing hundreds of thousands and displacing millions more. The enduring conflict has also had a detrimental impact on the economy, with ...