procurement

Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement generally involves making buying decisions under conditions of scarcity.

Source: en.wikipedia.org

Working Capital At The Touch Of a “Green Button”
Working Capital At The Touch Of a “Green Button”
February 23, 2015  |  B2B Payments

When Tungsten Corporation announced that it had completed the acquisition of Tungsten Bank earlier this year, it meant the B2B supply chain network servicer would...

READ MORE >
West Coast Port Slow Down Having National Reverberations
West Coast Port Slow Down Having National Reverberations
February 18, 2015  |  B2B Payments

The slow down at the Port of Long Beach wears on. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Defense Firm Charged in Procurement Scam
Defense Firm Charged in Procurement Scam
October 31, 2014  |  B2B Payments

A Virginia-based company with defense and intelligence agency contractor is facing criminal charges in connection to payments made to a reportedly corrupt Army procurement official....

READ MORE >
Why Startups Need To Worry About Procurement Practices
Why Startups Need To Worry About Procurement Practices
October 28, 2014  |  B2B Payments

When on the verge of radically disrupting a market ecosystem and earning billions by shining the light of innovation down on the masses, it can...

READ MORE >
North American B2B Procurement Inefficiencies Cost $1.5 Billion/Year
North American B2B Procurement Inefficiencies Cost $1.5 Billion/Year
October 16, 2014  |  B2B Payments

Although the concept of B2B procurement systems is to sharply increase productivity, that’s doesn’t seem to be how it’s working out. Barely 28 percent of...

READ MORE >
Where The CPO And CFO Don’t Meet
Where The CPO And CFO Don’t Meet
September 18, 2014  |  B2B Payments

Procurement specialists within B2B and other companies drive considerable value for their organizations, especially when they do a good job controlling spending and manage supplier...

READ MORE >
Baltimore City Council President Wants Procurement Review
Baltimore City Council President Wants Procurement Review
September 17, 2014  |  B2B Payments

Bernard C. “Jack” Young, president of Baltimore’s city council, reportedly has asked the council to review the city’s centralized CitiBuy procurement system, which was used...

READ MORE >
Putting Suppliers In The Buyer Value Chain
Putting Suppliers In The Buyer Value Chain
September 15, 2014  |  B2B Payments

More and more food, grocery and consumer-goods retailers are finding success in using online channels to grow sales, and many are turning to their suppliers...

READ MORE >