When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

Experts suggest that machine shop owners do two things: 1) explain how they will deliver the best value, not price; and 2) understand the purchasers’ process and metrics A few years ago, we were at a ...

Purchasing agents are in charge of all buying for their company. They buy the raw materials, goods, and services their company needs to maintain operations. Purchasing agents, or buyers as they are ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

With procurement managers dealing with the most cost-sensitive issues in business after people, Matt McInnerney, Procurement Consultant within The Interim Register, part of international search and ...

Analyst Insight: As mandatory greenhouse gas (GHG) reporting requirements become more prevalent, corporations must prioritize sustainable sourcing to manage their Scope 3 emissions. As the world ...

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 ...

For 2016, companies are expecting to see business uncertainty and risk increase, along with greater struggles to grow revenue. According to The Hackett Group Global Procurement Advisory Practice ...

A popular index released in Manufacturing ISM Report by the Institute for Supply Management on the first of the month. The index reflects percentage of purchasing managers that reported better ...

Provisional U.S. purchasing managers’ surveys for April will be closely watched for signs of how businesses are reacting to President Trump’s announcement of sweeping tariffs. Equivalent surveys will ...