Did you know that efficient procurement practices can add to your organization’s competitive advantage? Before I explain how, I want to start out by talking about Porter’s Five Forces of Competitive ...

Legacy procurement practices largely shape cities’ artificial intelligence adoption. But gaps in these processes can disproportionately impact marginalized ...

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.

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 ...

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time and missed ...

Purchase orders (POs) are one of the most routine activities in procurement. Yet APQC benchmarking data shows that organizations spend anywhere from $14 to more than $54 to process a single purchase ...

The time‑tested request-for-proposal (RFP) model that has underpinned enterprise buying for six decades now feels outmoded. It is a the deepening mistrust between buyers and vendors that drives the ...

Artificial intelligence is a hot commodity, but government agencies need to be cautious about buying it, experts say. The biggest consideration is security. “It’s a challenge. There’s no other way to ...

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 ...

United States Government (USG) agencies are collaborating with industry and academia to understand limitations, risks, and ways to ethically integrate the benefits of Artificial intelligence (AI) into ...

As per Northwestern's Digital Accessibility Policy, the accessibility of a product must be considered during the purchasing process. The Accessible Purchasing Process and Matrix document details the ...

Procurement and Payment Services has implemented a new streamlined process to document purchasing decisions made by departments and schools. Staff no longer need to choose Bid Documentation Form (BD-1 ...