Ignoring supplier risk assessment is like gambling with your supply chain and the stakes are high. The cost of disruption, compliance...

What makes negotiation a handful oftentimes is that it is both an art and a science; requiring thorough preparation, emotional...

Supplier loyalty is not just a feel-good concept in procurement, but also a powerful driver of business success. Loyal suppliers go above...

Procurement is no longer just about sourcing goods and services at the lowest cost, it has become a strategic function that significantly...

Several years ago, a contractor had just won a contract with my organization through a competitive bidding process, and the decision was...

A new year brings fresh opportunities to elevate your procurement process and performance. As a procurement professional, setting clear...

The year is winding down, and it's time to reflect on achievements, identify areas for improvement, and set goals for the future. For...

"Can inventory balance be truly achieved?" Whilst you're thinking of an answer to the question, the fact is, you don't want to find your...

Contract renewals are a critical decision point for organizations. They represent an opportunity to solidify existing partnerships,...

Managing supplier relationships and/or performance can be demanding but also rewarding too. An important consideration to bear in mind as...