With 2023 well underway, an uncertain economic landscape is prompting business leaders to carefully assess their budgets and reduce spend wherever possible. However, many businesses today lack ...

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 ...

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 ...

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 ...

If your business has been trying to make its mark in the higher education market, understanding how procurement works can be a game-changer. That’s why we’re diving into the purchasing landscape of ...

Brex walks you through the basics of material procurement and shows you how to do it better. It covers what procurement really means, the different types you might use, and the step-by-step process ...