Procurement includes sourcing, purchasing, and managing goods; it's crucial for operational success. AI is reshaping procurement, boosting decision-making and efficiency in major firms. Investors ...

“Where procurement is going next” found that companies excelling in procurement had digital capabilities maturity scores 40% higher in strategy, digital and data/analytics compared to average ...

The Defence Procurement Manual (DPM) 2025 overhauls India's ₹1 lakh crore revenue procurement, prioritizing indigenous ...

Most companies spend millions, yet few truly see where it all goes. Some of it is tracked, some is managed, and some slips through the cracks. That visibility gap is exactly what Spend Under ...

The following remarks are from M. Todd Abner, founder, president and CEO of OMNIA Partners, the largest and most experienced group purchasing organization for public sector agencies and private sector ...

When we talk about defense related procurement, we're referring to defense and security contracts which are public contracts. Defense procurement reform has been a significant topic on the House of ...

Yet too often, they do so with antiquated procurement systems in which simply finding applicable policy for a given procurement feels like nothing so much as a scavenger hunt. “It’s disjointed; it’s ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Who the heck is Arkestro? And, what the heck is predictive procurement orchestration? Those were the two questions that took me to Optimal22 this past week, a one-day event in Las Vegas billed as the ...

Ask almost any chief procurement officer (CPO), and, more than likely, they’ll shruggingly admit that procurement—that business-critical function of sourcing and paying for goods and services—is far ...

As the recent CrowdStrike incident shows, a glitchy software update can down thousands of machines across an organization. As such, government procurement officials may want to include additional ...