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 ...
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 ...
Most procurement professionals during challenging times would file the procurement procedure book in the round file cabinet and resort to a more “hand-to-mouth” strategy, but your procurement process ...
A standing order facilitates your order process by: Reducing processing costs, because only one eReq is required for each supplier. Quickening the ordering process, because you place your order ...
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 ...
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 ...
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 ...
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 ...
The internet solved the problem of disparate buying experiences for things like travel where users are no longer required to go to an endless sea of vendors; instead, individual choices are aggregated ...
NEW YORK, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Order.co, a leading AI-powered procurement platform, today announced it has been named ‘AI Procurement Software of the Year 2025’ by CIOReview. This award ...
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 ...