You can improve business performance by aligning the objectives of purchasing management with your business strategies. At the strategic level, purchasing decisions affect profitability and business ...

In my previous article, we kicked off a series on the purchasing function by addressing the mindset it takes to achieve excellence in purchasing. Of course, it’s the same mindset that continuous ...

In my last post, I talked about three key areas of the procure-to pay-process. Now I would like to dig a little deeper into the first of those Ps — the procuring part. Your procuring/purchasing ...

As laid out in my June 29 column, chief purchasing officers (CPOs) often find themselves constrained in their jobs by short-term financial goals they had no real input into. In such companies, the ...