The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Did you know that efficient procurement practices can add to your organization’s competitive advantage? Before I explain how, I want to start out by talking about Porter’s Five Forces of Competitive ...

Low bid. These two words can, for some, be the beginning of a purchasing process that’s filled with frustration and disappointment, given the many variables that are involved in apparatus procurement.

Responding to criticism over the Davis administration’s awarding of hundreds of millions of dollars in no-bid contracts, ...

For many departments, the past 18–24 months presented many challenges while they continued to provide fire/rescue services to their community. The effect of the COVID-19 pandemic caused departments to ...

In 2023, Oklahoma’s Office of Management and Enterprise Services (OMES) took a major step toward modernizing its procurement oversight, implementing a process intelligence platform from Celonis. Since ...

Investing in the right business software is one of the most important decisions a business can make. Here are 6 tips to get it right. There should be a software program specifically designed to help ...

Procurement and Payment Services has implemented a new streamlined process to document purchasing decisions made by departments and schools. Staff no longer need to choose Bid Documentation Form (BD-1 ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their engagement on identifying different types of procurement ...

What's the best way to increase and make EV purchasing and ownership easier? Educate potential buyers, of course. However, there's an arguably more important piece of the pie that few people may be ...