Bridging the disconnect between finance and purchasing (Part 5): Cost of Capital and the advent of an elusive tie-in to purchasing

In many instances, purchasing, perhaps more than any other business function, is wedded to routine.  Ignoring or accepting countless economic and political disruptions to their supply of materials, companies continue to negotiate annually with their established networks of suppliers or sources.  But many purchasing managers’ skills and outlooks were formed 20 years ago in an […]