Supplier performance is critical to business success, yet it remains one of the most challenging aspects of supply chain management. Can you really manage supplier performance, or are you limited to simply monitoring and hoping for the best? The reality is that...
For procurement and supply chain executives in sizeable organisations, there is an increasing number of uncertainties to manage, especially in today's tough economic environment. We are living in a world of severe market competition, shorter product life cycles,...
Hospital procurement, also referred to as healthcare procurement, is procurement for the healthcare industry. In simple terms, it's the process hospitals and healthcare facilities use to acquire the goods, services, and equipment that they need to run their day-to-day...
What is purchasing? And how is it different from procurement? These are pretty common questions for those new to the supply chain industry. We asked one of our purchasing management experts exactly those questions so you can hear the answers directly from the horse's...
Supplier Relationship Management is so important and yet many organisations are not good at it…
The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris…