When a contract is awarded in modern supply chains, it has an impact on many companies beyond the two parties signing it. Prime suppliers, also called prime vendors, are companies to whom the United..

No organization anywhere buys more goods and services than the U.S. federal government. Yet less than 10% of federal agencies’ contracting dollars “typically go to small disadvantaged businesses..

Well to answer this question we need to look at a few things including: What is a Certified MBE? Direct Economic Impact Indirect Economic Impact Induced Economic Impact Conclusion What is an MBE? A..

IT costs can be a significant expense for businesses of all sizes. From hardware and software to staff and maintenance, there are many factors that contribute to the overall cost of IT for a company...

Welcome to the December issue of the CenterPoint Group newsletter! Our sincere hope is to provide you with some fun and productive information during your hectic day, and, perhaps, to provide an..

A spend analysis is an important piece of a company’s procurement puzzle. It is done with the main goal of understanding your spend better -- who are you buying products and services from? What are..

Welcome to the November issue of the CenterPoint Group newsletter! Our sincere hope is to provide you with some fun and productive information during your hectic day, and, perhaps, to provide an..

“Spend analysis” is exactly what its name suggests. It’s the formal process of analyzing how an organization spends money. Spend analysis turns raw, real-time data about where an organization’s money..

Traditionally, procurement has been a highly complex and detail-oriented area of business.  In recent years, however, there has been a push to streamline and simplify the procurement process to make..