Knowledge Library

Value for money (VFM) is the optimum balance between the cost of a procurement (input) and the value achieved (output). The following ...

INTRODUCTION E-procurement is the combined use of electronic information and communications technology in order to enhance the links ...

Medicines account for 20-60% of health spending in low- and middle-income countries (LMICs), compared with 18% in countries of the ...

Strategic sourcing is a systematic, long term and holistic approach to acquiring the current and future needs of an organisation. It ...

In this podcast we are providing an overview and an introduction to the sourcing process, and how vital it is to your business. Mo is ...

Lucy Mason, Strategic Procurement Manager for the Department of Health and Social Care in the UK, talks us through the benefits of ...

An organisation may spend a substantial part of its budget to fund the acquisition of supplies, IT services, equipment and transport. ...

Supply markets and competition [Porter’s 5 Forces & Market Knowledge] When you are buying products and services on behalf of your ...

Buying products and services from other countries [Global Sourcing (and Low-Cost Country Sourcing LCC) ] Globalisation has opened up ...

In this animation, we are looking at the fascinating journey of how insecticidal nets are transported from the manufacturer to the ...

Added value is the difference between the selling price and the cost price of a product or service. When a product is made more ...

Value chain management is the process of organizing all activities within the supply chain so that they add value in the most efficient ...