The Request for Proposal, or RFP, a tool used to solicit business from the private sector, has long been a staple of government procurement offices. Typically, they receive lengthy responses, often in ...

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 ...

MIAMI & LONDON--(BUSINESS WIRE)-- Through full deployment of digital tools, typical procurement organizations can reduce operational costs by up to 45%, achieving efficiency levels below those of ...

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 ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...