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 ...

The past year’s economic volatility forced business leaders to shift strategies and reduce spending while simultaneously seeking new paths to profitability. In particular, according to a Gartner ...

Prior to purchasing a technology item, an Information & Communication Technology (ICT) Procurement Request form must be submitted and approved for any requisition or credit card order that contains a ...

Did you know that efficient procurement practices can add to your organization’s competitive advantage? Before I explain how, I want to start out by talking about Porter’s Five Forces of Competitive ...

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 ...

This launch positions Houston at the forefront of public procurement innovation.”— Jed Greenfield, Chief Procurement ...

Anza’s Transformer Procurement Service aims to help solar developers meet new deadline requirements imposed by federal policy.

Account An account is a ChartField segment in NUFinancials that identifies the specific type of asset, liability, equity, revenue, or expense in each transaction. For example, accounts receivable, ...

In certain situations, cooperative purchasing programs can provide an efficient, cost-effective procurement option for budget-conscious Pennsylvania school districts, but only if careful consideration ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...