In today's complex government contracting landscape, the role of a procurement specialist is essential to ensure that agencies acquire the necessary goods and services while adhering to regulations.

Real change in government procurement can happen, but it’s going to require learning from lessons of the past.

Professor Mohammed Aliyu, Registrar and Chief Executive Officer of the Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN) has stressed the vital importance of procurement and ...

In the ever growing and increasingly important procurement industry In Ghana, as in many parts of the world, there seems to ...

JIC is very useful when there is a shortage of a certain product, or a sudden increase in demand for a particular product. For example, a business selling a cereal product may keep an additional ...

Public institutions play a pivotal role in shaping the future of sustainable development, not only through policy and regulation but also by modeling best practices in how they operate. One area of ...

It’s important to note that actual currency exchange rates are not informed by relative purchasing power—exchange rates are determined by supply and demand in currency exchange markets.

From creating baseline language for RFPs to analyzing vendor performance and more, artificial intelligence is poised to ...

JIT stock control can have disadvantages. For example, there may be times when a business runs out of stock because of late deliveries. Businesses have to decide whether the advantages of JIT ...

PPS is the single point of contact for centralized procurement activities. The role of PPS is to help departments/schools make informed, best-value purchasing decisions. The University buys a wide ...