Innovation

John W. Henke Jr. and Chun Zhang: Increasing Supplier Trust and Innovation

Posted: 08/27/2021 - 09:00
John W. Henke Jr. and Chun Zhang: Increasing Supplier Trust and Innovation

The tricky question that most if not all companies face on a constant basis is how to get their suppliers fully engaged and committed to – and even be instrumental in driving – innovation.

While the importance of innovation is a given that dates back more than 50 years to the teachings of Peter Drucker in The Practice of Management (1954), it has only been fairly recently that academics and organizations have been studying how to make innovation go from idea to reality.

John W. Henke Jr. and Chun Zhang are two such academics.

How Digital Technologies are Changing Procurement

Posted: 03/16/2021 - 09:00
Digital transformation is changing how procurement leaders operate.

How Procurement Impacts the Organization

At CDK, we've really focused on some of the changes needed to improve our customer support and experience. It's been a tremendous digital transformation with regard to what CDK does for our customers, but very importantly, what we are doing within the procurement and the supply chain team to help the business be more successful, take costs out, improve on-time delivery and then pick up some additional responsibilities as we've gone along the way.

Innovations in Sourcing: Hilton Supply Management

Posted: 09/01/2019 - 00:16
Innovations in Sourcing: Hilton Supply Management

Can you outline why your team embarked on this project and the problem that needed to be solved?

Supply chain management can be a game changer for a business’s bottom line. Companies are demanding more out of their supply chain, and procurement divisions need to keep up. At a minimum, smart procurement solutions can dramatically cut costs, but they can also drive innovation. Hilton Supply Management is a living example of that. 
 

Soft Skills Make a Real Impact in Supply Chain Management

Posted: 08/30/2019 - 02:15
Soft Skills Make a Real Impact in Supply Chain Management
For what seems like decades now, the conversations around procurement and supply chain management have focused on the themes of innovation and evolution. The function, conventional wisdom suggests, is changing quickly and gaining a new, more prominent position within organizations. You wouldn’t know it to look at job listings. Conduct a quick search and you’ll find that the same skills that powered procurement through years of tactical obscurity are still (apparently) in high demand.

Cognitive Automation: The Next Panacea or Evil Job Bandit?

Posted: 07/16/2019 - 00:37
While it’s impossible to predict exactly what the future holds as more enterprises and service providers adopt cognitive automation to improve many of their manual processes, reading the tea leaves—or better yet—looking at actual early use cases suggests it’s both: job thievery and, if not a panacea, some fairly drastic improvements in efficiency and quality results. 
 

10 Ways to Find Savings Through Analytics

Posted: 07/09/2019 - 06:48
Businesses need faster and more comprehensive spend management solutions, without the need for additional subject matter experts. To this end, our clients have benefited from improvements in insight and service delivery using 4C’s analytics platform 4Spend. Here are ten ways in which new savings can be found using analytics. 
 
1.) Categorisation and Benchmarking 
 

Infosecurity Europe 2019

Posted: 05/31/2019 - 20:46
Infosecurity Europe, Europe's largest information security event, will open its doors from Tuesday 4th to Thursday 6th June 2019 at Olympia, Hammersmith in London, bringing together business, technology and cyber communities to discuss and discover the best way to protect organisations and individuals.
 

The Introduction of Social Media Recruiting

Posted: 04/06/2019 - 09:03
When social media came onto the scene, it was like manna from heaven for recruiters because it elevated the networking environment.  We could “friend” prospective candidates and contact them directly. The recruitment process became faster, and it was much easier to get a more robust picture of a potential recruit.
 
But along with the benefits came the drawbacks. 
 

Women in Global Sourcing: Clare Horn

Posted: 03/29/2019 - 06:28
Tell us about your career path. How did you get into this field? Was it purposeful or by accident? 
 
I have been part of the Virtual Operations team as Process Excellence Lead since 2016, prior to which my career had followed an admittedly unusual path from its beginnings in applied physics, via operational excellence consulting.    
 

Three Reasons Organisations Should Look to Ukraine for Outsourcing Expertise

Posted: 03/15/2019 - 00:58
As technology advances in this digital age, with exciting developments coming thick and fast, many associate the forefront of innovation with Silicon Valley and the tech giants that dominate the global headlines. There are innovations happening around the world, but, when it comes to outsourcing, many of these hubs are overlooked. 
 

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