The Pros & Cons of Procurement Management. Businesses typically buy products or services from multiple vendors. Procurement professionals handle the details of procuring these purchases at optimal ...

Consolidating federal procurement will advance through increased use of centralized contracts and centralization of ...

Undoubtedly, the procurement of materials is not as vital to some companies as it is to others. The authors of Purchasing Principles & Management (3) state that the average manufacturing company ...

The head of GSA’s Federal Acquisition Service told employees at a Thursday meeting that the agency will “do about $400 billion” in procurement management under this effort.

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment ...

“Procurement Service Management from ServiceNow brings unique capabilities to the market by simultaneously streamlining processes for procurement teams and giving regular employees more ways to ...

Now, there’s a lot of competition in the market for procurement management software, which one analysis estimates will be worth $13.80 billion by 2029 — up from $6.15 billion in 2021.

Procurement and supply chain management may be different components in a wider value chain, but they speak to the same aim: managing third-party relationships in an efficient and effective manner.