NASA has developed an objective-based procurement strategy to advance its ongoing Moon to Mars initiative, according to Karla Jackson, senior procurement executive and deputy chief acquisition officer ...

The office of purchasing is now the office of strategic procurement. The new name is more aligned with its long-term objective and vision to provide strategic-based procurement solutions in support of ...

Early in the course of a product design and manufacturing organization's strategic sourcing project it is common to have a kickoff meeting that includes the engineering team. It is the opportunity for ...

Imagine a strategic meeting is in progress inside your organization, focused on speeding up the market release of a product for competitive advantage. The chief procurement officer proposes an ...

Your small business needs objectives -- or goals -- in order to head in the direction you want it to go. However, setting objectives and achieving them are two different matters. In order to take your ...

Once treated as a secondary objective, sustainability has quickly become a central pillar of business strategy. Procurement has quietly become the most powerful lever of this shift — not by policy, ...

Well-managed small businesses usually start their planning process with a broad mission statement or vision. While this starting point is both necessary and admirable, it usually does not become ...

A five-year procurement plan is vital for fleets to navigate changing regulations and tariffs, aligning operations with financial goals. To effectively manage costs, fleet operators must establish ...