Top procurement teams now serve as strategic partners to other business functions, contributing expertise that shapes product development, financial planning, and market positioning.

Two areas for which this makes sense is the research and development (R&D) or product engineering group and the procurement group. In product development, members of the procurement group can provide ...

With the deal done for the sale of Jaguar and Land Rover to India’s Tata Motors, Ford Motor Co. is reorganizing its global product development and purchasing operations. Ford said today that its ...

Product development brings with it many misconceptions about what the process is truly like and how to ensure you're getting the most out of those you've hired to help.

Bringing together Ford's purchasing and product development operations will help simplify its sourcing process, says Tony Brown, group vice president of global purchasing. "Better alignment of our ...

Brex explores the five types of procurement that organizations employ today and explains the advantages for specific business ...

Top procurement teams now serve as strategic partners to other business functions, contributing expertise that shapes product development, financial planning, and market positioning.