procurement

Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement generally involves making buying decisions under conditions of scarcity.

Source: en.wikipedia.org

Leaders Already Come Out On Top In A Young Procure-To-Pay Market
Leaders Already Come Out On Top In A Young Procure-To-Pay Market
April 01, 2015  |  B2B Payments

Over the past two decades the procurement process has undergone significant change, transitioning from a paper-based order process to a strategic business function. The tools...

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The CPO’s Rocky Climb To The Top
The CPO’s Rocky Climb To The Top
March 30, 2015  |  B2B Payments

It’s a relatively new executive position, but the emergence of the Chief Procurement Officer in corporations has already demonstrated the positive correlation between intelligent, cost-saving...

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A Procurement Platform For Any Device
A Procurement Platform For Any Device
March 19, 2015  |  B2B Payments

The Bring Your Own Device phenomenon is forcing business solution providers to rethink how they develop their products. Recent research shows that 40 percent of...

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New Study Separates the World’s Procurement Leaders from the Followers
New Study Separates the World’s Procurement Leaders from the Followers
March 05, 2015  |  B2B Payments

The most successful procurement operations are those that maintain a broader view of the strength of the enterprise. That’s the conclusion reached by the IBM...

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China Cuts Apple Off Its Purchasing List
China Cuts Apple Off Its Purchasing List
February 27, 2015  |  News

When Reuters reported exclusively last Wednesday (Feb. 25) that China would no longer allow federal agencies and departments to procure products from several major corporations...

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