Purchasing & Accounts Payable Glossary

Biopharmaceuticals, also known as biological drugs or biologics, are medical drugs produced using biotechnology. Read More

Biotech outsourcing strategies can encompass a wide range of activities, from research and development (R&D) to manufacturing, clinical trials, regulatory compliance, and more. Read More

Biotech supply chain management is a specialized field that focuses on the planning, coordination, and execution of all activities involved in the procurement, production, and distribution of biotechnological products. Read More

Undoubtedly, your procurement department always looks for ways to streamline your purchasing processes, reduce costs, and improve efficiency. One tool that can help you achieve this goal is by using a Blanket Purchase Order (BPO). Read More

Budgetary control is a fundamental concept in financial management, particularly in the fields of procurement and accounts payable. Read More

Bulk purchasing is a procurement strategy that involves acquiring goods or services in large quantities. Read More