With factors like trade volatility and crushing cost surges, cost optimization is no longer the end-all, be-all.

The mapping of a business process creates a visual process depiction. This may be through an elaborate presentation of flow charts and graphs or with a simple collection of multi-colored note cards.

Drone Federation of India president Smit Shah said the procurement process of drones needs to be fast tracked and government should work with the industry to create a roadmap that’s beneficial ...

Sabura // Shutterstock Material procurement explained: Process, strategies, and benefits Getting the right materials at the right time and price is incredibly important for any successful business ...

DEFENCE Force Commodore Raymond King said yesterday that the procurement process for vessel repairs is too bureaucratic and urgently needs to be streamlined.

Brex explains the basics of material procurement and the step-by-step process that works best.