A recent executive order marks a significant policy shift in federal procurement by directing agencies to default to fixed-price, ...

The head of GSA’s Federal Acquisition Service told employees at a Thursday meeting that the agency will “do about $400 billion” in procurement management under this effort. GSA Artificial Intelligence ...

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 ...

Governments buy a lot of stuff. Every year, one out of every three dollars governments spend goes toward purchasing something -- from photo copier ink to new vehicle fleets -- to help provide services ...

Inflation, economic instability, materials and labor shortages, climate change—almost any disruption you can imagine is a pressure point that makes procurement and supply chain management ...

Procurement involves identifying and agreeing to terms for the acquisition of goods, services, or works from an external source, often via a competitive bidding process. involving constrained decision ...

Procurement and executive teams in the life sciences sector are facing increased pressure to adapt and optimize. Today, ensuring long-term business success requires more than just cost management — it ...

The global supply chain is both a broad-reaching system and the core of every business. It allows us to connect consumers in Kansas and Wyoming to everything from the spices of India and grains of ...

How U.S. federal procurement shapes markets, drives innovation, and offers key insights for strengthening Brazil’s ...

Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by ...