Purchasing materials for manufacturing or goods for inventory is one of the most important functions for a business. A periodic internal audit of the procurement process examines receipts, business ...

The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

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 ...

MassDOT's board awarded a contract to redevelop and run 18 services plazas across the state to Irish retailer Applegreen in June. The company has since backed out of contract talks. Inspector General ...

The KPMG audit found the council awarded $239.1 million in non-tendered contracts from 2021 to 2023. The audit was commissioned in 2024 as part of the previous council’s long-te ...

BUFFALO, N.Y. – The following is a statement from the University at Buffalo regarding the Office of the State Controller’s Procurement Practices audit report. The University at Buffalo is strongly ...

Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...

Massachusetts State Auditor Diana DiZoglio has issued a new report on contracting and procurement related to the commonwealth’s emergency shelter system. The audit finds that the Executive Office of ...