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The interview plays a key role in identifying an expert supplier. The questions you ask are important but the process and approach you have when interviewing will determine its success. In this article we will first identify the principle of...

Today’s procurement tip is on the dangerous practice of transferring risk. The idea that a buyer can transfer risk to a vendor has become very popular. Buyers love the idea that, no matter what, their project will be completed with...

There are many methods proposed to write effective contracts. The approach is usually based on finding the perfect balance of pricing, incentives, distribution of risk and setting quality control measures. As contracting strategies have changed.....

Buyers are required to procure a wide range of services including IT, construction, marketing, travel, etc. As technology and techniques are continually improving, it has become increasingly more difficult—if not impossible...