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 ...

Purchase orders (POs) are one of the most routine activities in procurement. Yet APQC benchmarking data shows that organizations spend anywhere from $14 to more than $54 to process a single purchase ...

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.

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest article on how procurement can help build a better ...

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time and missed ...

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 ...

In procurement, cadence and tempo describe the time between order communication and fulfillment to meet both inventory needs and lead time agreements. Ideally, all orders are communicated early, but ...

In July, Heavy Construction Systems Specialists, Inc. (HCSS) disclosed that they are teaming up with Gearflow. This partnership will close the gap in the procurement process. According to the press ...

Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...

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 ...

Purdue Service Portal (TDX) has replaced Footprints as our work request ticketing system for Business Centers. Find Purdue Service Portal (TDX) links and resources here. Contact your center staff for ...