Procurement includes sourcing, purchasing, and managing goods; it's crucial for operational success. AI is reshaping procurement, boosting decision-making and efficiency in major firms. Investors ...

Sourcing, contracting and paying external vendors for goods and services – all of which fall under the big umbrella of procurement – are a big part of New York City government. The city spends about ...

Eldar Tuvey, is CEO and cofounder of Vertice, a spend optimization platform that saves companies up to 25% on their SaaS and cloud costs. The turbulence of recent years has underscored the critical ...

Artificial intelligence is a hot commodity, but government agencies need to be cautious about buying it, experts say. The biggest consideration is security. “It’s a challenge. There’s no other way to ...

Though the AGILE Procurement Act faces several rounds of votes before it can be enacted, experts view it as a step in the right direction. The federal government’s IT procurement process could be ...

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 ...

The council also ordered a hearing to audit the city’s procurement process for contractors bidding to work on projects for Boston. “The city is working really hard at making sure that we’re closing ...