You can improve business performance by aligning the objectives of purchasing management with your business strategies. At the strategic level, purchasing decisions affect profitability and business ...

Category management is not just a new name for strategic sourcing. Rather, strategic sourcing is one of the tools used by category teams to manage procurement expenditure to achieve mission value.

The use of digital tools in the era of AI is changing the procurement process in the modern business world. We are living in ...

SAN FRANCISCO, April 8, 2025 /PRNewswire/ -- Govly, a market intelligence and capture platform for public sector procurement, today announced its AI-Assisted Contract and Procurement Management System ...

The Department of Homeland Security is in search of a knowledge management platform to help coordinate workload and data management of its Procurement Innovation Lab (PIL), with the potential to ...

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 ...

Web-based Procurement Management Systems Standardize Purchasing Procedures, Increase Transaction Oversight and Streamline Accounting Processes for the U.S. Military The Defense Energy Support Center ...

Inventory and procurement management systems are central to effective cashflow, profitability and customer satisfaction in today’s modern manufacturers. When stock is misplaced, miscalculated or ...

Seeking to capitalize on the Internet’s retail and financial-management capabilities, more states and school districts are using online-purchasing systems to buy everything from No. 2 pencils to ...

In 2009, according to the Institutional Governance Review, patronage and clientelism negatively affected public sector, a result of limited transparency in public finances, public procurement and ...