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 ...

Sabrina Castiglione is CFO at Omnea.co (formerly COO at Pento & CFO of Tessian), running G&A functions, and driving operational excellence. Effective spend management can transform a company’s ...

This approach discourages innovation and undermines manufacturers' investment in quality and local supply chains. The Budget ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...