Companies have ambitious plans for rapidly digitizing the procurement function, especially through emerging technologies like AI. That was a finding of a study that we conducted with Digital ...

Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...

Sabura // Shutterstock Material procurement explained: Process, strategies, and benefits Getting the right materials at the right time and price is incredibly important for any successful business.

Legacy procurement practices largely shape cities’ artificial intelligence adoption. But gaps in these processes can disproportionately impact marginalized populations, according to a new paper. The ...

Although COVID-19 relief and other federal programs have channeled trillions of dollars into state and local government coffers, inflation and the potential of recession are creating new financial ...

For many years, companies have been actively investing in procurement automation. It all started with the introduction of specialized software applications for automating internal business processes.

With 2023 well underway, an uncertain economic landscape is prompting business leaders to carefully assess their budgets and reduce spend wherever possible. However, many businesses today lack ...

Editor’s note: Procurement Pulse is a monthly look at a topic or trend that is impacting the procurement function at organizations of all sizes. If you are interested in future topics, you can see a ...

The Purchasing team has developed a newly redesigned on-demand training course aimed at streamlining the learning process for Rowdy Exchange users. Now live on MyTraining, the updated Rowdy Exchange ...

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 ...