From creating baseline language for RFPs to analyzing vendor performance and more, artificial intelligence is poised to ...

In the ever growing and increasingly important procurement industry In Ghana, as in many parts of the world, there seems to be some misconception that the terms Procurement & Purchasing are one ...

In today's complex government contracting landscape, the role of a procurement specialist is essential to ensure that agencies acquire the necessary goods and services while adhering to regulations.

JIT stock control can have disadvantages. For example, there may be times when a business runs out of stock because of late deliveries. Businesses have to decide whether the advantages of JIT ...

As the world of corporate governance evolves, so must our perspectives regarding Procurement governance. The role of Chief Procurement Officers (CPO’s) has long transcended traditional purchasing ...

JIC is very useful when there is a shortage of a certain product, or a sudden increase in demand for a particular product. For example, a business selling a cereal product may keep an additional ...

valued at up to €30 million, approximately 60,000 remanufactured laptops could be purchased instead of new laptops, which will help to preserve resources, save water and reduce greenhouse gas ...

The Procurement Act includes a new unit that will put housing associations and other contracting authorities under greater scrutiny. Here is how it will work.