Global

Global Sourcing: Myth Versus Reality

Posted: 05/20/2020 - 23:01
Global Sourcing

Global sourcing offers numerous benefits. Unfortunately, due to misinformation, many companies overlook global sourcing as a solution and miss out on potential productivity benefits. In this article and the complimentary infographic, we will explore and debunk some of the most persistent myths about global sourcing.

Autonomous Last-Mile Delivery in E-commerce

Posted: 05/15/2020 - 01:24
Autonomous Last-Mile Delivery

It must be an amazing feeling to get your online order delivered the next day or on the very same day itself. You would not only feel special but would also develop trust and reliability for the respective company. Nevertheless, the scenario used to be quite different. But, in the last few years, high-end innovation in technology has boosted the logistics industry in more than one way, while driving the e-commerce industry with the same spur.

COVID-19 AND TRADE REGULATIONS

Posted: 05/13/2020 - 00:37
COVID-19 TRADE

The COVID-19 pandemic poses fundamental questions for governments and businesses about the resilience of international trade.

How to ensure supplies of crucial goods (medical supplies, food) that are dependent on global supply chains?

How to survive the immediate crisis and be best placed, with suppliers and customers, to resume production as soon as conditions allow? 

How to protect national industries while retaining the benefits of free and fair international trade?

THE NEED FOR ONLINE COLLABORATION — NOW, MORE THAN EVER!

Posted: 05/11/2020 - 23:10
ONLINE COLLABORATION

In this two-part blog series, we’ll take a look at how to better position organizations in order to improve business continuity and resilience. Part 1 looks at the current state of collaboration between procurement and finance, and what these two teams can start doing to improve workflow, efficiency and bottom-line impact.

Attracting and Engaging Moms Returning to the Workplace

Posted: 05/08/2020 - 22:04
Moms in the Workplace

The Benefits of Hiring Moms

Companies in the UK continue to overlook the significant benefits that come with hiring moms wanting to return to the workplace. In fact, senior decision-makers underestimate the host of skills moms come equipped with, all of which they would not have had the opportunity to develop if they had remained within a role leveraging the same skills every day. These include, but are certainly not limited to, increased productivity, efficiency, empathy and a greater capacity to multitask. 

Rebuilding a Broken Chain: How Agility Can Save The World

Posted: 05/08/2020 - 05:54

There were two stories in recent news that grabbed my attention.  All across the country, food banks are overwhelmed with demand.  Families in desperate need waited for hours for a week’s worth of supplies over Easter weekend, with lines of cars stretching for miles. The demand outstretched many facilities’ ability to fulfill, with some leaving empty-handed, or with less than they need.

B2B Digital Marketplaces: Paving the Way Forward in Procurement and Sourcing

Posted: 05/06/2020 - 05:32
B2B Digital Marketplace

Growing a recognizable brand while remaining cost-efficient are two key imperatives for businesses as they continue to transform their organizations digitally. Procuring software through digital channels and online solutions is increasingly popular as a way to keep pace with these initiatives.

Making Indirect Spend Take the "Shortest Way"

Posted: 05/04/2020 - 02:26
Indirect Spend

Procurement is famous for our terminology – it is perhaps the one area where we’ve mastered the fine art of marketing. The labels "direct" and "indirect" spend are a perfect example. Direct spend materials are eventually sold to the customer, and therefore they are essential. Very important. The management of direct spend determines the size and health of the corporate top line. As a result, procurement may or may not have access to manage direct spend categories.

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