Centralizing purchasing becomes increasingly more important the larger a small business grows. Most importantly, a decentralized purchasing structure in which individual departments are responsible ...

For chief procurement officers and other procurement leaders, centralizing operations is often the preferred strategy. And it’s not difficult to see why: A centralized approach allows procurement to ...

A functional and cohesive procurement policy is vital to improving profitability. While clear standard operating procedures are important, it takes more to create efficiencies. The procurement ...

Operating in a decentralized environment presents unique challenges for businesses. With teams spread across numerous locations, maintaining consistency in operations becomes a complex task.

The Office of Management and Budget (OMB) has released new guidance in the push to consolidate federal procurement activities. The guidance, which expands on Executive Order 14240, aims to reduce ...