Industry Insights

Procurement Pro Industry Insights
Industry Insights

Were the Ancient Egyptians the First Procurement Professionals?

How did the role of the procurement become what it is today? The history of this profession seems to stem all the way back to 3,000 B.C., at the time the Ancient Egyptians were building the Pyramids. This was not a task to be taken lightly and certainly required a significant amount of materials management.

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Industry Insights

How Does a Government Shutdown Affect Supply Chain?

While the United States can rest a little easier now that the White House calmed nerves by informing us that the Internal Revenue Service (IRS) will still be issuing tax refunds amidst the partial shutdown, there are still plenty of other vital operations disrupted. The partial shutdown, now in its 18th day, has affected over

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Industry Insights

Definition of Procurement

Procurement  is the process of finding, agreeing terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive  bidding  process. The process is used to ensure the buyer receives goods, services, or works at the best possible price, when aspects such as quality, quantity, time, and location are compared.[  Corporations and public bodies

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Industry Insights

What is a Logistics Manager?

According to the Department of Labor, a logistics manager is responsible for managing the entire lifecycle of a product, including how it is acquired, allocated, and delivered. A logistics manager oversees purchasing and distribution in a supply chain and while their role is critical to operations, they are often forgotten. Logistics managers must supervise employees,

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