Millennials have new ideas about work, what they are prepared to give to employers and what they expect in return. Despite advanced education, technical literacy, confidence and energy, these new...
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The UK’s Financial Conduct Authority (FCA) has published guidance on how financial services firms should treat Politically Exposed Persons (PEPs) while meeting their legal Anti-Money Laundering (...
Using a category management approach may seem tedious, tactical and overly detailed. Yet, it can yield results that are better than expected. This was the case with Tempur Sealy International (TSI...
In Sourcing and Procurement we add the most value when we are able to bring our stakeholders with us as we blend category insights with strategic relationships. But stakeholders are not always...
Supplier diversity or diversity in contracting are programs that can be either mandatory (i.e., requirement to fulfill state or federal contracts) or voluntary (i.e., procurement/social...
Procurement organizations are facing increasing pressure to drive value and benefits from their services spend categories. Innovation and evolution in technology, tools and service provider...
The new challenge facing Procurement Organizations is to select the right supplier, execute the right contract, pay the right price and optimally manage the cost base, while simultaneously...
Congratulations on the new job. Whether you are a seasoned procurement veteran taking on a new challenge or a talented executive from another discipline tasked with tackling procurement for the...
Procurement is uniquely positioned to help their companies thrive in today's fast-moving world. While managing spend remains a priority, a digital procurement organization is one that can engage...
As an interconnected set of organizations or entities, the supply chain bridges the gap between a product source and the ultimate end user. By collaborating in a horizontal fashion, these entities...