How to choose the right procurement type for your business Having examined the various procurement approaches and their relative strengths, organizations must determine which combination best serves ...
HOUSTON, Dec. 28-- Frontier El Dorado Refining Co. let a lump-sum, turnkey engineering, procurement, and construction contract to Chicago Bridge & Iron Co. (CB&I), The Woodlands, Tex., for a crude and ...
We explore the main types of procurement in detail below, including their definitions, examples, challenges, and best practices. Direct procurement Direct procurement refers to purchasing materials, ...