#procurement

#procurement

The Pentagon's procurement software inadequately tracks component origins, leading to a lack of visibility about where critical system parts are sourced. Auditors express concerns.

Manufacturers are harnessing AI to transform digital customer experiences, moving from generic interfaces to highly personalized interactions that cater to the urgent needs of procurement managers and other stakeholders.

The procurement department has transformed from a bureaucratic nightmare into a strategic function that focuses on supplier partnerships, market information, and cost optimization.

We're more open for business and partnerships than we've ever been before," Fanelli told TechCrunch in a recent Zoom interview. "We're humble and listening more than before, and we recognize that if an organization shows us how we can do business differently, we want that to be a partnership."

In today's dynamic business landscape, procurement has evolved far beyond securing goods and services at the lowest cost.

In a letter dated November 26, Sean Mulcahy, senior vice-president of Savvas Learning Company, stated that the Department of Education did not follow procurement rules when selecting the Illustrative Mathematics curriculum. He emphasized that normally, multiple curriculum companies would have had opportunities to submit proposals, but in this case, Illustrative Mathematics was chosen without any competing bids or a proper procurement process.