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

Measuring the performance of the purchasing department is a basic and crucial task for any management team. The purchase of raw materials and equipment is the lifeline of a business, and savings in ...

Procurement department organizational structures often -- but not always -- reflect the organizational structure of your business. Additional factors, such as communication patterns, the size of your ...

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 ...

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 ...

Editor’s note: Bill Shawver is the chief procurement officer for Miami University of Ohio. Jim Bard is a principal with Accenture Management Consulting’s operations practice With the challenge to ...

Sharing information and a focus on synergistic outcomes will lead to better results for your company. Imagine this scenario: You're a custom home builder and a family comes in with specific requests.

Maintaining an efficient and effective procurement process plays an essential role in meeting the operational and financial needs of the University. The Office of Strategic Procurement facilitates ...

The purchasing area within Facilities Management completes all purchasing for the Facilities Management Department and, on occasion, for other departments as well. Facilities Management maintains its ...