How can stock-outs affect your bottom line? To begin with stock-outs will create a loss of revenue and deterioration in brand image. When it … Consumers Against Stock-Outs and How You Should Direct Supply Chain Risk Management
How can stock-outs affect your bottom line? To begin with stock-outs will create a loss of revenue and deterioration in brand image. When it … Consumers Against Stock-Outs and How You Should Direct Supply Chain Risk Management
Supplier management processes are a complex, ever-changing realm with myriad factors at play that could significantly alter the performance of an organization. Internally, it … Tips on Developing Effective Supplier Management Processes
Procurement and business profitability go hand in hand. It’s a massive component of any company’s costs. In fact, estimates from consulting giant PwC peg … How Can Procurement Make Your Business Profitable?
The oil and gas sector can be a profitable industry. The sheer size of oil and gas projects – typically large-scale energy developments – … 4 Procurement Compliance Issues in Oil and Gas
Supply chains should add value to society: the path to social procurement The true cost of producing and consuming energy has not been fully … Supply Chains Should Add Value to Society
The concept of international purchasing management, in my (humble!) opinion, is a bit of a misnomer. Yes, large, multinational firms (and some medium-sized ones … International Purchasing Management
Interview and insights with Nickie Morrison, purchasing manager for IFN Modern IFN Modern is a popular online furniture store that specializes in selling mid-century modern … Supply Chain and Product Sourcing for Furniture Purchasing
(This interview was conducted in 2015. Damon Norris is currently Director of Member Services at Arizona Charter Schools Association.) Damon Norris used to be … How Legacy Traditional School Transformed Their Purchasing Process
No matter what size your company is, at some point you’ll need to make purchases. As your business grows, you’ll find the number and … Tips for Creating a Formal Purchasing Program
An ideal set of procurement best practices can lower labor and material costs to boost the well-being of any business, so companies should keep … 3 Ways to Embrace Today’s Procurement Best Practices
In simpler times, all a company had to do was ensure its revenue streams were consistent and success would follow. But with the economy … 9 Common Causes of Workplace Waste
Everyone knows that there’s no such thing as a normal nine-to-five shift. Regardless of how your day is mapped, chances are that something is … Simplify Your Business in 6 Steps