Centralizing purchasing becomes increasingly more important the larger a small business grows. Most importantly, a decentralized purchasing structure in which individual departments are responsible ...

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 ...

There are two predominant schools of thought on purchasing practices. Centralized purchasing is managed by an in-house purchasing agent. Project-level purchasing is managed by a project manager and/or ...

For chief procurement officers and other procurement leaders, centralizing operations is often the preferred strategy. And it’s not difficult to see why: A centralized approach allows procurement to ...

Real estate owners, investors, and the teams entrusted to manage all asset types rely on vendors to keep their operations running. But few give much thought to how those vendors are sourced or held ...

The Madhya Pradesh government has sought the Centre’s permission to withdraw from the decentralised procurement (DCP) scheme owing to growing “financial strain due to wheat and paddy purchasing”, with ...

MINSK DISTRICT, 17 June (BelTA) - The possibility of introducing centralized procurement of veterinary vaccines was discussed at an off-site meeting held in Minsk Oblast on 17 June. The meeting was ...