Analyst Insight: Every day, companies create request for proposals (RFPs) as a way to select potential suppliers. The RFP process has become such a mainstay in sourcing that a whole ecosystem of ...

Transportation Science, Vol. 42, No. 2 (May 2008), pp. 146-165 (20 pages) We study a logistics network in which shippers collaborate and bundle their shipment requests to negotiate better rates with a ...

Product sourcing, also known as procurement, involves the selection of a supplier for goods as well as the agreements on specifications of the product and its delivery. It also can involve the ...

Most companies only scratch the surface of procurement efficiency. Those that dig deeper discover that the savings can be dramatic. External purchasing is the largest single expense category for most ...

SUNNYVALE, Calif.--(BUSINESS WIRE)--For decades, procurement was seen as a tactical, back-office task. But today the function has a new look. And according to The Future of Procurement, a new survey ...

Procurement and IT departments get a bad rap for many stereotypes: focusing too heavily on requirements bingo, always harping about cost reduction initiatives, being demanding towards their partners, ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

The Kenyan legislation on public procurement is currently subject to review until 2014. Given the fact that procurement is an area of public administration highly vulnerable to corruptive activities, ...