Posted: 09/21/2018 - 23:38
Posted: 09/21/2018 - 00:26
In my last post, I wrote about the need for procurement to stand up and confront our own “fundamental truths,” especially if we are interested in elevating the conversation and effectively transforming our ability to generate value for our organization.
Posted: 09/20/2018 - 23:09
While walking outside on my way to an early meeting, between sips of coffee I was jarred awake by a passing car with the music of Van Halen blaring through the speakers. As a fan of “early” Van Halen I snickered to myself recalling the legend of the “Brown M&Ms” in their contract that was often joked about amongst musicians and DJs.
Posted: 09/17/2018 - 21:20
Managing relationships with suppliers is one of the most challenging parts of the procurement and supply chain process. If not done correctly it can be costly and risky. However, these risks and inefficiencies can be avoided by applying best practices and technologies. Here we provide some tips to help businesses get this right.
Let’s look into the key factors that an organisation needs to focus on for an effective supplier relationship strategy.
Posted: 09/15/2018 - 00:14
In the last few years, with the growing hype around automation, artificial intelligence (AI) and analytics, there has been a feverish pace of activities in the IT outsourcing space on both sides of the table from enterprises and service providers. There’s also action happening in the middle of the table with the product vendors and on the outskirts with the analysts and industry commentators.
Posted: 09/14/2018 - 22:00
I was recently watching a fly-on-the-wall programme about a car business. The show focused on people’s different roles and how they were trying to balance competing priorities while keeping to tight deadlines and within budget. Cut to a shot in Spain where the director of the business is on holiday. For the next five minutes we see how the director calls for an update every day. The interviewer then speaks to all of the staff who gleefully tell the camera when he has called them.
Posted: 09/14/2018 - 20:58
In case you weren’t paying attention, the cryptocurrency market is hot, with more than 1,600 currencies and counting. That’s up from one (Bitcoin) a decade ago. Initial coin offerings (ICOs) raised more than $5 billion in 2017, and $6.3 billion in the first three months of 2018 alone.
Posted: 09/07/2018 - 21:00
Well over 100 years ago, the gasoline powered internal combustion engine revolutionized the “modern” transportation industry. Back then, the term modern could be used for technologies like the linotype machine or the electric fan. Fast forward to today and we are standing on the brink of an innovation that is set to rewrite transportation, and in turn, the logistics Industry.
Posted: 09/07/2018 - 18:08
Organizational readiness is the new competitive advantage. Being able to quickly adapt to—and take advantage of—the rapidly evolving world of work is now the key to success or failure.
The emerging workforce has evolving expectations of how they want to work and what their relationship with employers should look like. Combine those expectations with rapid innovation in technology and new business models, and we’re in a breeding ground for all forms of ‘non-traditional’ talent to thrive within the workforce.
Posted: 09/06/2018 - 01:50
In 2018, the conversation around automation outsourcing has moved away from “are you automating?” to “how are you doing it?” Due to the very clear business benefits of Robotic Process Automation (RPA) and Robotic Service Orchestration (RSO), businesses are now drilling down into the specifics of how best to manage their combined human and digital workforce, and how to get the most out of their automation initi