Sustainable sourcing is becoming increasingly important in how businesses procure goods and services, as the drive towards reducing carbon emissions and adopting more responsible business practices ...

The U.S. General Services Administration (GSA) and the White House Office of Management and Budget (OMB) recently launched two resources for federal agencies to advance equity in procurement: the ...

Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...

An AI-enabled electronic components procurement tool claims to boost OEM productivity by leveraging a software platform that negotiates prices, tracks spending, and monitors savings in real time. It ...

Through strategic enterprise-wide commodity agreements, shared procurement tools and Savannah River Nuclear Solutions innovation, SRNS has saved more than $124 million over the last six years. During ...

Two new online tools give agency buyers a look at diverse vendors and reports on access by new entrants to the federal market. The General Services Administration announced the launch of two online ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

Healthcare procurement is an essential step for public systems looking to acquire new solutions – but it's often a lengthy and complex process, particularly when it comes to innovation procurement.