Purchasing materials for manufacturing or goods for inventory is one of the most important functions for a business. A periodic internal audit of the procurement process examines receipts, business ...

A typical Procurement negotiation often involves a range of suppliers in unstructured and uncommitted negotiations, rendering them ineffective. Dr Sebastian Moritz, Director of TWS Partners, explains ...

It’s time to ensure your contract negotiations are set for the busy season, also known as “peak season,” the busiest period of the year for supply chains—running from mid-August through December. Peak ...

Forbes contributors publish independent expert analyses and insights. Harvard trained negotiator. Cofounder and President of Pactum AI. Enterprise procurement teams have been able to use e-auctions to ...