A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, ...

As it is a critical component of the strategic sourcing process, it is the policy of the Procurement Department to obtain competitive bids for goods or services whenever possible and if appropriate, ...

Northwestern University has implemented the Uniform Guidance Procurement Standards for purchases on sponsored programs, which will be applied to all sponsored programs, including cost share. This is ...

Departments/schools can request that Purchasing and Strategic Sourcing perform a competitive bid or negotiate on their behalf. In addition to simply providing advice to departments and schools if they ...

The purpose of this policy is to maintain strong business practices, ensure compliance with regulatory requirements and promote the best possible value in the sourcing of products and services at the ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...

Sharing information and a focus on synergistic outcomes will lead to better results for your company. Imagine this scenario: You're a custom home builder and a family comes in with specific requests.

This year, the procurement will begin under the gaze of CCTV cameras and during the bidding process, biometric verification ...

This article was originally published in Forbes.com. Imagine this scenario: You’re a custom home builder and a family comes in with specific requests. They want five bedrooms, three bathrooms and a ...