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 ...

Although COVID-19 relief and other federal programs have channeled trillions of dollars into state and local government coffers, inflation and the potential of recession are creating new financial ...

For many years, companies have been actively investing in procurement automation. It all started with the introduction of specialized software applications for automating internal business processes.

To a large degree, the federal government, in addition to the commercial sector, has led the way in the use of electronic procurement solutions. The Clinton administration, as part of its program to ...

For government and private institutions, the COVID-19 pandemic has meant acting quickly—so quickly, in fact, that companies run the risk of inadvertently setting aside traditional risk prevention ...

The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

Acquisition reform has never been a hotter topic than it is now in light of recent budget cuts. A panel led by Lt. Gen. Jeffrey A. Sorenson, USA (Ret.), former U.S. Army chief information officer (G-6 ...

The real risk in martech isn’t the platform. It’s how teams evaluate, approve and govern procurement decisions. The post The ...