Procurement
Latest news, explainers and analysis on Procurement. Tracking 2 stories on Arth Vani.
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Latest on Procurement
New LaunchSpendHQ Launches AI-Powered 'Savings Radar' to Automate Procurement Cost-Cutting
SpendHQ has introduced Savings Radar, an AI-driven tool designed to help procurement teams identify and capture hidden cost-saving opportunities. The platform integrates company data with procurement expertise to provide actionable insights for corporate financial management.
Govt Shifts Contract Pricing from WPI to PPI
The Finance Ministry has directed government departments to use the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI) for future contracts. This change aligns with international standards and follows the recent release of monthly PPI data.
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