A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, ...

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 ...

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 ...

Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.

Staying ahead in the procurement industry requires embracing new ideas that improve decision-making abilities while also streamlining the operations of a company. Businesses are taking a risk by ...

A smart public procurement ecosystem featuring end-to-end digitalization, data sharing and intelligent oversight will ...

Bid protests against a procurement process often center around claims of bias that result in flawed selection decisions. For example, the Government Accountability Office (GAO) put out a report in ...

WASHINGTON--(BUSINESS WIRE)--Procurement Sciences AI (“PSci.AI”), the next-generation bidding-intelligence platform for government contractors, today announced that it has raised $10M in Series A ...

LiveOnNY, a nonprofit organ-procurement organization for the greater New York area, told Crain’s that it has partnered with Queens-based MediSys Health Network to implement an automated organ-donation ...

Ms Seember Nyager, a multi-disciplinarian with a B.Sc in Management Technology from Abubakar Tafawa Balewa University, a Master’s in Information Systems Management from the University of Liverpool as ...