Measuring the performance of the purchasing department is a basic and crucial task for any management team. The purchase of raw materials and equipment is the lifeline of a business, and savings in ...

The concept of paying services contractors for performance has won wide support in principle, but putting it into practice is a bigger challenge. For several years now, the Bush administration has ...

When a multi-billion dollar transportation and airline company sought to get its arms around its unwieldy procurement operation, it turned to a tried-and-true tool to do it: the balanced scorecard. It ...

Transformation is a topic that comes up in almost every conversation I have with supply chain managers these days. Executives from companies as diverse as J&J Vision Care, the division of Johnson & ...

A context-aware approach to international purchasing may drive double-digit improvements in business performance. Ask any manager at a large organisation why the purchasing department matters, and the ...

TACOMA, Wash.--(BUSINESS WIRE)-- Sound Physicians, a leading hospitalist organization focused on measurably improving the quality, satisfaction, efficiency and financial performance of healthcare ...

Major companies have recognized the importance of investing in procurement performance management. In recent years, procurement’s role transformed from solely cost focused to one that is more vital.

Question: What are some good metrics to measure the effectiveness and performance of the purchasing department? Answer: This is a great question that I plan to answer in what will likely become a ...

In the business world, risk is ubiquitous. Costs rise. Sales slip. Products malfunction. Delivery windows crack. But despite these enduring realities, risk's nature and scope have accelerated in the ...

Over the last decade, significant changes in the business environment have had a profound and lasting influence on how supply chains operate. The current business environment is characterised by an ...