Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

The expanding scope of fintech has been well documented in these digital pages. Payments, investing, financial planning and lending often spring to mind as “classic” fintech startups, but other ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...

The procurement journey begins with clearly defining the required materials. Production managers, engineers, and procurement specialists collaborate to determine precise specifications, quantities, ...

Australian Defence procurement is making important steps with the idea of minimum viable capability—acquiring not an ideal system but something that’s good enough to meet the immediate threat. Now it ...

Borrowers are government clients of the World Bank that receive financing for public sector development projects. Borrowers are responsible for managing the procurement process, which includes ...

Material procurement affects everything from product quality to company profits. Smart businesses know that good procurement is more sophisticated than just buying stuff. It includes building ...

Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...