When a multi-billion dollar transportation and airline company sought to get its arms around its unwieldy procurement operation, it turned to a tried-and-true tool to do it: the balanced scorecard. It ...

WHAT: On November 12, 2024, the Federal Acquisition Regulatory Council (FAR Council) issued an interim rule amending the FAR to implement the statutory prohibition on procurement and operation of ...

Establishing a legitimate procurement system for Afghanistan has been a major initiative of President Ashraf Ghani since he took office in 2014. He has taken the reins of a nation where trust in the ...

CORK, Ireland--(BUSINESS WIRE)--Keelvar, the leading global provider of autonomous sourcing and sourcing optimization solutions, has released the findings of its 2024 Voices of Sourcing report. The ...

Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...

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 ...

Procurement is undoubtedly the lifeline of your business, ensuring the delivery of quality goods and services to your customers. However, this crucial business function can often become overwhelming ...

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 ...

The Office of Personnel Management’s procurement unit said it’s no longer able to process contracting opportunities and that all related operations have been halted after a “complete reduction in ...

The past few years have demonstrated the procurement function’s ability to adapt to price fluctuations, changing consumer needs and supply chain disruptions. Once regarded as a back-office process, ...

NASA’s mission is as close to science fiction as almost any federal agency gets with its plans to send astronauts to the moon and beyond. So you’d think with that kind of overarching mission, ...