Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

Purchasing materials for manufacturing or goods for inventory is one of the most important functions for a business. A periodic internal audit of the procurement process examines receipts, business ...

In 2014, an amazing thing happened in government: In just 16 weeks, a new system to help guide visually impaired travelers through San Francisco International Airport was developed, going from a rough ...

According to Deloitte’s Global Chief Procurement Officer Survey, 61 percent of procurement leaders delivered a better year-over-year savings performance in 2017, yet only one in four believe they’re ...

Procurement remains a primarily manual process, with eight in 10 requests for proposals still taking place via emails and spreadsheets, according to Globality. The enterprise artificial intelligence ...

The U.S. Army has deployed the Army Contract Writing System to replace SPS-A, migrating over 49,000 contract files and ...

With Euna’s full-cycle procurement solution, Arlington Independent School District streamlined every stage of the procurement process, from sourcing and contracting management to purchasing and ...

Scaling AI across the procurement function and designing in greater resilience against geopolitical disruption are amongst four key procurement trends for 2026, says supply chain consultancy Inverto, ...

Bid protests against a procurement process often center around claims of bias that result in flawed selection decisions. For example, the Government Accountability Office (GAO) put out a report in ...

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...