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 ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

Maryland has a new streamlined, more integrated electronic eProcurement platform. The improved system, eMaryland Marketplace Advantage (eMMA), went online July 22 and makes it easier to submit bids ...

Public sector procurement stands at a crossroads, where the pressure to modernize systems meets the complex realities of government operations. Although the conversation often centers on replacing ...

Within two weeks of inauguration, the Trump Administration began issuing an abundance of Executive Orders (“EO”), memoranda, and related documents addressing how the U.S Government purchases goods and ...

The London School of Economics (LSE) has implemented an Artificial Intelligence (AI)-driven procurement system that it says has already generated 15% cost savings in its first three months of ...