A functional and cohesive procurement policy is vital to improving profitability. While clear standard operating procedures are important, it takes more to create efficiencies. The procurement ...

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 ...

NOVI, Mich., Aug. 22, 2019 /PRNewswire/ -- To further accelerate its evolution to a more fully integrated global organization, Cooper Standard (NYSE: CPS) is transitioning its purchasing organization ...

LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement intelligence advisory firm, has announced the completion of their most recent whitepaper on tips for impactful procurement functions.

Supply chain professionals have long known that sustainability must be a key piece of their strategy. After the last three years of disruptions, shortages, and instability, the capacity for supply ...

The OIG, in Advisory Opinion 12-01, approved a proposed purchasing structure involving a GPO that would be wholly owned by an entity that also wholly owns many of the potential GPO participants, and ...