Order management is simply the process of efficiently tracking and fulfilling sales orders. It includes the cycle of people, processes, and suppliers to create … All You Need to Know About Order Management And How to Speed Up Your Procurement Timeline
Let’s jog our memory to General Electric’s golden days — that period of radical transformation when it went from being a power company into … Company Culture Matters, but So Does the Person You Work For
“We spent $200M in the past 2 years. $200M!…We spent 2/3 of the cash… Holy shit this is a big deal.” — Jason Goldberg, … Every Third Startup Fails Because of This Problem
This is a detailed look at the intricacies of procurement payment terms.
Why does Procurement Fraud Occur? Procurement fraud can cost your organization huge amounts of money, time, and other important resources. Fraud occurs for a … What is Procurement Fraud?
It sounds made up, doesn’t it? Profitability and growth in the same sentence. While companies achieving the “profitable growth paradox” are considered outliers, they … Procurement: Blue Ocean Strategy
We are all too aware of how Procurement teams have always had to yield to Finance’s whims. This has, for too long, been the … Procurement efficiency: Learn How This Company Achieved It
Cash flow and procurement – It’s the dream of every growing company. Getting to the point where you can tell people business is smoothly … Cash Flow and Procurement, The Engine and Fuel of Business
The history of modern aviation begins on the cold and frigid morning of December 17, 1903, when the Wright Brothers made history by flying … How the Wright Brothers Went Wrong
Companies are often confronted with a competitive disagreement between departments and management over their relative importance and contributions that can lead to inefficiency. That’s … Procurement and Logistics – The Yin and Yang of a Successful Supply Chain
Whether your company is a tiny startup or a global corporation, establishing a procurement strategy will, without question, yield benefits to the organization. Any … 4 Initiatives That Drive Procurement Process Benefits
Ask your manager how they track their procurement metrics to gauge company performance and you’re likely to get a few different answers. Some will … 5 Metrics for Procurement Managers to Track
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