Legacy procurement practices largely shape cities’ artificial intelligence adoption. But gaps in these processes can disproportionately impact marginalized ...

Artificial intelligence is a hot commodity, but government agencies need to be cautious about buying it, experts say. The biggest consideration is security. “It’s a challenge. There’s no other way to ...

United States Government (USG) agencies are collaborating with industry and academia to understand limitations, risks, and ways to ethically integrate the benefits of Artificial intelligence (AI) into ...

For many years, companies have been actively investing in procurement automation. It all started with the introduction of specialized software applications for automating internal business processes.

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.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Katrina Ávila Munichiello is an experienced ...

In 2023, Oklahoma’s Office of Management and Enterprise Services (OMES) took a major step toward modernizing its procurement oversight, implementing a process intelligence platform from Celonis. Since ...

Sourcing, contracting and paying external vendors for goods and services – all of which fall under the big umbrella of procurement – are a big part of New York City government. The city spends about ...

Bid protests against a procurement process often center around claims of bias that result in flawed selection decisions. For example, the Government Accountability Office (GAO) put out a report in ...

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 ...

The time‑tested request-for-proposal (RFP) model that has underpinned enterprise buying for six decades now feels outmoded. It is a the deepening mistrust between buyers and vendors that drives the ...