The approach to a position of the procurement in business strategy changed in history from the view focused to … administrative-logistic processes connected to purchasing of physical products towards the view which puts procurement at the same … level as other crucial business functions. Some authors stated that historically, procurement has been passive business …

globally integrated procurement organization to achieve global and local sourcing responsiveness and superior supplier working … relations. The study found that if a global procurement organization aspires to achieve exceptional supplier working relations …, it should be highly integrated across its geographic regions with knowledgeable global and local procurement personnel …

via a second-price procurement auction; call this the Standard auction. In the hope of lowering its purchase cost, the …

procurement approach, although managed forms of procurement provide a better framework. Our studies of projects that have adopted …

achievement of best value are: high cost of the PFI procurement process, lengthy and complex negotiations, difficulty in … in the procurement, and the public sector clients' inability to manage consultants. …