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 leaders have helped their midsize companies navigate significant supply chain disruptions, changing consumer preferences, new sustainability commitments, and more over the last few years.

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