MANILA, Philippines — The Department of Trade and Industry (DTI) is set to release on Dec. 4 the list of Philippine products and services to be given preference in government procurement as part of ...

STAMFORD, Conn., April 28, 2025--(BUSINESS WIRE)--Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, according to a new ...

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 ...

If you’re a procurement leader, developing improved business strategies should involve advancing technology, increasing digital intelligence, and improving collaboration across in-house teams. Given ...

A few weeks ago, President Cyril Ramaphosa passed into law the public procurement bill, ushering in a new era for South Africa’s procurement landscape. The Public Procurement Act (PPA) offers sweeping ...

Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

Johannesburg - Companies bidding to do business with the SA Rail Commuter Corporation (SARCC) would have to reserve a black equity stake of at least 25 percent to qualify for a tender, the rail ...

Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

The government’s multi-year, volume pricing discount deals with the likes of Microsoft and Amazon Web Services (AWS) are under scrutiny by the National Audit Office (NAO), which claims the ...