Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...

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.

Legacy procurement practices largely shape cities’ artificial intelligence adoption. But gaps in these processes can disproportionately impact marginalized populations, according to a new paper. The ...

Why do traditional supply chain processes need blockchain? Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement ...

The director general of the Nigerian Civil Aviation Authority (NCAA), Capt. Chris Najomo, on Thursday, said only transparent procurement processes can guarantee growth in the aviation sector. Capt ...

If your business has been trying to make its mark in the higher education market, understanding how procurement works can be a game-changer. That’s why we’re diving into the purchasing landscape of ...

IT is a more than common issue that whenever organisations, particularly in the public sector, fail to meet their targets or face internal scrutiny on performance issues, the blame lies with the ...

Effectiveness and Efficiency of Public Procurement Processes for IFAD-Funded Agricultural Projects in Zimbabwe: Lessons from the Smallholder Agriculture Cluster Project This study examines the ...