Although COVID-19 relief and other federal programs have channeled trillions of dollars into state and local government coffers, inflation and the potential of recession are creating new financial ...

An open competitive procurement process ensures fair and ethical treatment of bids from suppliers. The traditional competitive procurement process allows all interested parties to submit a bid for a ...

Healthcare procurement is a cornerstone of your organization’s operations, but it comes with unique challenges.

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 ...

James Tanzosch, North Carolina chief IT procurement officer, came into his job a little over a year ago. At the time, he contemplated ways to streamline the N.C. Department of Information Technology’s ...

With a renewed focus on “doing more with less,” many organizations are looking to achieve efficiency and effectiveness in their supply chains. A variety of opinions exist on how organizations can ...

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 ...

Purchasing materials for manufacturing or goods for inventory is one of the most important functions for a business. A periodic internal audit of the procurement process examines receipts, business ...

Acquisition reform has never been a hotter topic than it is now in light of recent budget cuts. A panel led by Lt. Gen. Jeffrey A. Sorenson, USA (Ret.), former U.S. Army chief information officer (G-6 ...