TECH NEWS

AI in Procurement: Modern RFQ Management with Procol

Contemporary procurement teams have to take care of requirements, communications with suppliers, quotes, evaluations, and purchases at various stages. As the processes become more systematic and data-based, the use of artificial intelligence in procurement can aid in linking the relevant procurement and RFQ processes.

The contemporary possibilities of AI can be used for activities like purchase intake, supplier search, bid evaluation, negotiation, and sourcing decision-making. In terms of RFQ management, it means having a more integrated system whereby the digital workflows can link responses from suppliers, communications, quote evaluation, and other procurement activities.

Understanding the RFQ Process

Request for Quote is a standard form in which a buyer requests the details and pricing offers from various suppliers for certain products or services. It provides details regarding the products or services needed by the buyer and helps select suppliers and optimize costs.

RFQs have different variations depending on procurement needs. These...

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Sony shut down Overdrive, the fake PlayStation Store for pirated PS5 games, but clones appeared within hours

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. TL;DR: Overdrive, the unofficial PS5 storefront that went viral over the weekend for offering pirated PlayStation games, has reportedly been shut down by its developer after receiving a legal notice from Sony (not

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The best feature of Apple’s HomeView might be its simplicity

I’m just going to come right out and say it. I love the approach Apple has taken with the HomeView. I think it’s the shared, always-available household interface that my family might finally use. Is Apple’s first smart display my dream smart home dashboard? No. But is

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The 6-inch Kindle has had a 2026 upgrade — but what exactly has changed, and is it still a good buy?

Amazon recently refreshed nearly its entire Kindle lineup, including the 6-inch base model, last upgraded in 2024. If you're in the market for a new Kindle, this might be the one you're drawn to—perhaps because it's the cheapest of the bunch, or for

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Quote of the day by software pioneer Eric S. Raymond: 'The end of software secrecy is almost upon us' — declaring victory for the open source movement

Eric Steven Raymond, widely known as 'ESR' has been a large presence in the software development space for many decades, making key contributions to the school of development, programming languages, and the open source movement. Given the rise of AI, ESR has signalled the end of the closed-source

Understanding the RFQ Process

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Sony shut down Overdrive, the fake PlayStation Store for pirated PS5 games, but clones appeared within hours

The best feature of Apple’s HomeView might be its simplicity

The 6-inch Kindle has had a 2026 upgrade — but what exactly has changed, and is it still a good buy?

Quote of the day by software pioneer Eric S. Raymond: 'The end of software secrecy is almost upon us' — declaring victory for the open source movement