U.S. Senators Gary Peters (D-MI), Chairman of the Homeland Security and Governmental Affairs Committee, and Ted Cruz (R-TX) introduced bipartisan legislation to make the federal procurement process ...

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 ...

Procurement is undoubtedly the lifeline of your business, ensuring the delivery of quality goods and services to your customers. However, this crucial business function can often become overwhelming ...

The ultimate goal of a business procurement team is to save money. This typically results from negotiating better rates with suppliers or developing broader strategies to reduce spend like making ...

Doug Roberts is the CEO and founder of the Institute for Education Innovation and creator of the Supes' Choice Awards for edtech companies. Across all industries, purchasing managers and buyers are ...

When Marc Andreessen made the bold statement in 2011 that software is eating the world, he uncovered a trend that would haunt businesses across virtually every industry. With most companies overpaying ...

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 ...

TULSA, Okla.--(BUSINESS WIRE)--TMA Systems, a global leader in enterprise asset and computerized maintenance management systems (CMMS), is proud to announce its newly awarded cooperative purchasing ...

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 ...