In-process inventory is work that has begun production in a manufacturing company but that has not yet been completed. It is an important concept for accounting departments because they have to ...

Imagine this scenario. Your procurement team starts Monday morning with 47 unread emails, a dozen Slack messages about urgent purchases, and three sticky notes from Friday's hallway conversations.

Intake management is the process by which procurement teams receive, triage, and manage internal purchase requests from employees and business units. Think of it as the formal request portal or front ...