Forbes contributors publish independent expert analyses and insights. Peter Bendor-Samuel is founder & executive chairman of Everest Group. The source-to-pay and procure-to-pay functions in the ...

An investigatory review by the state Office of the Inspector General found last year’s failed effort to award a massive ...

The time‑tested request-for-proposal (RFP) model that has underpinned enterprise buying for six decades now feels outmoded. It is a the deepening mistrust between buyers and vendors that drives the ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

When you fill out Purchasing Decision Documentation, you will be asked a series of questions that must be answered regarding the type of purchase and process used for making your supplier selection.

Bid protests against a procurement process often center around claims of bias that result in flawed selection decisions. For example, the Government Accountability Office (GAO) put out a report in ...