M&A activity has left these and many of their peers with catalogs of products that sell at low volumes. This creates a lot of complexity internally and in how these companies manage supply-chain risk.

For chief procurement officers and other procurement leaders, centralizing operations is often the preferred strategy. And it’s not difficult to see why: A centralized approach allows procurement to ...

Centralizing purchasing becomes increasingly more important the larger a small business grows. Most importantly, a decentralized purchasing structure in which individual departments are responsible ...

Fifty-five drug varieties have been included in the latest round of national centralized drug procurement, according to the National Healthcare Security Administration. The administration has ...