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 ...

LONDON--(BUSINESS WIRE)--A global data analytics and advisory firm, Quantzig, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of their ...

A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, ...

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 ...

Most procurement professionals during challenging times would file the procurement procedure book in the round file cabinet and resort to a more “hand-to-mouth” strategy, but your procurement process ...

Chief procurement and financial officers (CPOs/CFOs) have a wealth of data they can use to optimize processes. Today, the average enterprise collects data from 400 different sources, and data growth ...

Construction procurement presents a variety of challenges for owners managing contractors. Common issues owners face include a lack of centralized platforms to manage contractors and contracts, ...

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 ...