6 Purchase Order Myths

Consider us the “Mythbusters” of the procurement world. We’ve collected some myths and misconceptions about purchase orders and compiled them…


Tips for Creating a Formal Purchasing Program


No matter what size your company is, at some point you’ll need to make purchases. As your business grows, you’ll find the number and complexity of these purchases is likely to increase. Some companies wait until they desperately need a formal purchasing program to create one, but doing so has drawbacks—haven’t you heard the slogan “Always Be Prepared”? Setting up a formal purchasing program before the situation gets too crazy prevents you from making rushed purchasing decisions and allows you to shop around for the best prices. Why Have a Purchasing Program? Purchasing programs don’t have to be complex—in a…