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Building an effective procurement strategy
A comprehensive procurement strategy defines how an organization strategically manages its procurement activities. In other words, it's a directional roadmap. It's a medium-to-long-term plan that includes both policy and processes that drive cost optimization, value [...]
How Contingent Labor Gives You Advantage in Fight for Talent
Rapidly rising in importance amid the talent shortage is contingent labor, workers that provide services to an organization such as independent contractors, freelancers and temporary staff, and are not on the payroll. Almost every company [...]
Changing Consumer Habits What’s happening in E-commerce?
The e-commerce landscape has expanded beyond all predictions over the last two years. There has been a dramatic increase in the demand for consumer goods across all categories. According to Statista, the e-commerce market in [...]
Powering circular supply chains
Traditional manufacturing supply chains based on the principle of make-use-discard, that have historically served the marketplace well, are no longer sustainable. Circular service supply chains are developing that promote the return and refurbishment of one-time-use [...]
3 ways to reduce your shipping costs
Lowering shippi ng costs is the most effective route to better profit margins.
What is spend analysis and why is it important?
Spend analysis is the practice of analyzing procurement spend to decrease costs, increase efficiency or improve supplier relationships. Reports generated from the analyses provide recommendations based on facts, not assumptions. Decisions can be made on how to [...]