Your purchasing and supply department keeps your other departments supplied with everything from paper clips to manufacturing materials. Purchasing staff build relationships and coordinate schedules ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

The evolution of the procurement function from a peripheral role to a more strategic one is helping unlock its full value in companies and organisations. Previously, the procurement function primarily ...

The COVID-19 pandemic brings about a remote work order to comply with social distancing requirements. The changes brought about by the pandemic are here to stay and will manifest into a new normal in ...

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 ...

For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. Many companies have trouble delivering goods ...

I was recently asked what my motive was for writing these articles on public procurement in The Bahamas, and what was I hoping to gain from doing so? A friend also told me that the truth may be an ...

How can your company improve its supply chain by streamlining procurement through digitalization and automation? What steps are needed to get started? Most importantly, what’s the payoff? Driven by ...

HNB PLC has further strengthened its position as a leader in service excellence with the achievement of ISO 9001:2015 certification for its Procurement Functions coming under Banking Services ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...