Pactum, the pioneer in agentic AI for enterprise procurement, today announced the launch of its Requisition Alignment Agent, a new component of the company's AI-native platform embedded directly ...

Goldman Sachs Equity Growth and Brighton Park Capital lead the funding round for the company, which says it can reduce procurement process times from weeks to days or hours ...

The Army expanded enterprise contracts, consolidating 118 agreements into 14 vehicles over the past eight months to streamline procurement.

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 ...

For government and private institutions, the COVID-19 pandemic has meant acting quickly—so quickly, in fact, that companies run the risk of inadvertently setting aside traditional risk prevention ...

US$496.7bn was invested in renewables last year, but a new report from Ansarada warns that inefficient procurement could derail global net zero ambitions ...

MassDOT has started a new highway service plaza procurement process, coordinating with a public-private partnership commission that officials say will “provide independent oversight” on RFP ...