Governments are prioritizing domestic defense production to strengthen supply chain resilience, reduce foreign dependence, ...

MANILA, Philippines — The Department of Trade and Industry (DTI) is set to release on Dec. 4 the list of Philippine products and services to be given preference in government procurement as part of ...

A few weeks ago, President Cyril Ramaphosa passed into law the public procurement bill, ushering in a new era for South Africa’s procurement landscape. The Public Procurement Act (PPA) offers sweeping ...

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 following remarks are from M. Todd Abner, founder, president and CEO of OMNIA Partners, the largest and most experienced group purchasing organization for public sector agencies and private sector ...

STAMFORD, Conn.--(BUSINESS WIRE)-- Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, according to a new research report ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

Since 2020 and the arrival of the COVID-19 pandemic, we’ve all experienced how an unexpected event can have long-lasting impacts on operations worldwide. One of the biggest ongoing impacts of the ...

Procurement is getting the long-awaited recognition it deserves as a leading driver of company growth. The procurement teams earning this spotlight all have one thing in common: moving beyond the ...