Centralizing purchasing becomes increasingly more important the larger a small business grows. Most importantly, a decentralized purchasing structure in which individual departments are responsible ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Who said change is a bad thing? When it comes to supply chain purchasing, healthcare has become the picture of efficiency. A flurry of mergers and acquisitions among U.S. hospitals and health systems ...

How much are we saving? Contracts that were renegotiated and the savings for the county: ThyssenKrupp: Elevator and escalator service, annual savings of $45,000* ProSource: Copier lease buyout, ...

"We have to look at every penny that we’re spending through centralized procurement," Ketron said. County Finance Director Lisa Nolen and others question if another level of centralized purchasing is ...

When it comes to financial management, companies are forever walking the line between giving finance teams complete control and visibility over spend and allowing employees to move quickly without ...

Wendy McMahon is a freelance writer and general tech geek who has been writing about technology for over 10 years. Follower her on Twitter at @wendymcmahon. A mess of IT procurement issues — redundant ...