What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

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 ...

The Defence Procurement Manual (DPM) 2025, released by the Ministry of Defence on Thursday, introduces a 25 per cent product reservation for Micro and Small Enterprises (MSMEs) and offers significant ...

The new manual seeks to give a strong push to aatmanirbharta in defence by expediting procurement for the Services while enabling greater participation from Indian industry, including start-ups and ...