VDW, the German Machine Tool Builders' Association, reports it took a minority stake in Munich-based Spanflug Technologies GmbH, a tech start-up that automates quotation and parts-procurement ...

The regulatory-laden federal procurement process is tough to turn in any new direction, but younger employees and tighter budgets might move it slightly. The regulatory-laden federal procurement ...

Procurement management startup Greenbax Inc., which does business as Zip, today added a renewal feature to its software that provides procurement and information technology managers with advance ...

Matthew McGuire, PharmD, manager of pharmacy supply chain and automation at University Hospitals Health System, based in Shaker Heights, Ohio, likes to put the problems encountered in the intricacies ...

Artificial intelligence (AI) in procurement refers to the use of AI to automate, improve, and streamline how companies buy goods and services. AI allows software to learn patterns, make decisions, and ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...