Global

Building Your Total Talent Pipeline

Posted: 06/25/2019 - 01:36
Workers are one of the most important resources for any organization looking to grow in an increasingly competitive market. In today’s tight labor market with a near-record unemployment rate of only 3.6%, the lowest since December 1969, the fight for attracting top talent is more crowded and competitive than ever before. Time to hire is increasing, cost per hire is growing, and the skills gap (especially in tech) still exists.   

How Print E-Sourcing Helps Tame the Tail

Posted: 06/19/2019 - 06:16

Managing tail spend has been a major topic of discussion among sourcing professionals for at least the past two decades. In most companies, external spending has a Pareto-like distribution – the largest 20% of suppliers (by dollar volume) typically account for about 80% of the total external spend. Tail spend is generally defined as the 20% (or so) of the total external spend that is attributable to the smallest 80% of suppliers.

Re-engineering a Corporate Real Estate Service Organization: Governance

Posted: 06/17/2019 - 04:27
Although these processes can take months – sometimes longer, the work does not end when the contract is signed or even when the services are successfully transitioned to the outsourced partner. You don’t simply hand over responsibility for the contracted services, schedule quarterly and annual updates and expect things to run smoothly.

Leaving Indirect Spend Unmanaged Means Dollars Left on the Table

Posted: 06/12/2019 - 01:35

For organizations looking to identify cost savings, increase profitability and get a leg up on the competition, indirect spend management is an ideal place to look. Often considered the backend of procurement – involving expenses like IT services and equipment, professional services, office supplies and HR services – indirect spend actually accounts for a significant portion of overall spend.

Training and Developing Procurement Professionals

Posted: 06/11/2019 - 03:30

Training a company’s team members is a foundational step in running a company, one that is often forgotten when busy times hit. It shouldn’t be. Putting the time and effort into designing a training program that suits the unique needs of procurement will drive more effective results in less time. Employees will be better equipped to manage the various situations and surprises that sourcing across numerous categories brings about.

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