In the 18th century, the industrial revolutionled to the rise of a particular labor section known as the ‘material men’ who had skills to procure material from the suppliers. F… See more

The procurement cycle is a series of phases that are involved in purchasing goods and services for the business. The cycle starts with the identification of resources … See more

Procurement software is an application suite that enables businesses to ease, optimize, automate, and manage their procurement cycle and purchasing functions. T… See more

Procurement frauds are the most common types of frauds that the risk management teams of the enterprises have to deal with regularly. As procurement involves a large sum of mon… See more