Purchasing power is the quantity of goods and services that you can buy with a single dollar at different time periods. The government increases the money supply in the economy via an expansionary ...

Procurement processes are a critical part of every business. Over time, businesses are shifting toward digital transformations to streamline their operations. One of these transformations includes the ...

GUEST OPINION: Change is often fast, unpredictable and challenging, but it is also inevitable. In the current uncertain business climate, adaptability and foresight are not just assets; they are ...

Procurement is undoubtedly the lifeline of your business, ensuring the delivery of quality goods and services to your customers. However, this crucial business function can often become overwhelming ...

If your business has been trying to make its mark in the higher education market, understanding how procurement works can be a game-changer. That’s why we’re diving into the purchasing landscape of ...

Various studies report that only about 4 to 7 percent of B2B buyers are in the buying mode for a particular product or service at any given time. Other studies report that anywhere from 55-70 percent ...

The UK Procurement Act 2023, which is set to take effect on October 28, 2024, will significantly transform public procurement processes. This new legislation has been designed to create a more ...