MANILA, Philippines — The Department of Trade and Industry (DTI) is set to release on Dec. 4 the list of Philippine products and services to be given preference in government procurement as part of ...

A few weeks ago, President Cyril Ramaphosa passed into law the public procurement bill, ushering in a new era for South Africa’s procurement landscape. The Public Procurement Act (PPA) offers sweeping ...

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 ...

Johannesburg - Companies bidding to do business with the SA Rail Commuter Corporation (SARCC) would have to reserve a black equity stake of at least 25 percent to qualify for a tender, the rail ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

STAMFORD, Conn.--(BUSINESS WIRE)-- Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, according to a new research report ...

Dar es Salaam. Women entrepreneurs in Tanzania continue to face major obstacles in accessing government procurement opportunities reserved for special groups, despite an existing legal framework ...

Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

While small businesses have grown by 27.5% nationwide, many are finding that their procurement functions are stagnating. But this isn’t a reflection on the employees responsible for purchasing or of ...