Below are some of the approvals that may be required, depending on the type of purchase: Departments and schools have the authority to make purchases less than $25,000 without the approval of ...

Purchasing is the process of how goods and services are ordered. By contrast, procurement is a business philosophy that deals with the sourcing activities, negotiation and strategic selection of goods ...

Additionally, Procurement and Payment Services (PPS) and the Office of General Counsel (OGC) have created the following contracting training materials that cover a number of topics useful to anyone on ...

The strategic sourcing team is responsible for the contract negotiation and procurement of goods and services specific to a department when their need exceeds $10,000. Category management is ...

Strategic Sourcing will consult with the requester as applicable in making this decision, and the requester will acknowledge and accept accountability for this decision in writing. When in the ...

By Precious BAIDOOIn an increasingly globalized and competitive business environment, procurement and supply chain management have become critical to the success of organizations.One of the most ...

Procurement software demand is driven by digital transformation, AI, and sustainability, with key players like SAP Ariba and ...

Procurement teams often struggle with fragmented processes, scattered requests, and inconsistent workflows that slow down operations and increase ...

MRO occupies a unique position within the supply chain ecosystem, often called the "Supply Chain Triangle," where technology, ...

Sustainable sourcing is becoming increasingly ... to achieving the right mix of sustainable procurement and saving money. “By centralizing purchasing processes, these tools boost transparency ...