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.

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 ...

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

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

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.

The Procurement Act includes a new unit that will put housing associations and other contracting authorities under greater scrutiny. Dr Rebecca Rees, head of procurement at law firm Trowers & Hamlins, ...

As the world of corporate governance evolves, so must our perspectives regarding Procurement governance. The role of Chief Procurement Officers (CPO’s) has long transcended traditional purchasing ...