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 ...

MassDOT has started a new highway service plaza procurement process, coordinating with a public-private partnership commission that officials say will “provide independent oversight” on RFP ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their engagement on identifying different types of procurement ...

AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz.

In 2023, Oklahoma’s Office of Management and Enterprise Services (OMES) took a major step toward modernizing its procurement oversight, implementing a process intelligence platform from Celonis. Since ...

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 ...

The past year’s economic volatility forced business leaders to shift strategies and reduce spending while simultaneously seeking new paths to profitability. In particular, according to a Gartner ...

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 ...

Maintaining an efficient and effective procurement process plays an essential role in meeting the operational and financial needs of the University. The Office of Strategic Procurement facilitates ...