Marketing databases, customer analytics and behavioral patterns are easier to manage with big data —but are these data elements safe from hackers? And what is the impact of the "Internet of Things...
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Recent statistics show that companies with existing supplier diversity programs report increased profitability – sometimes as high as a 133% return on procurement investments. The respected track...
The Request for Proposal process is an integral component to modern day sourcing. However, the RFP framework was created over a century ago, limited by paper communication. Despite technological...
Just like running an employee background check, mitigating supplier risk requires proactive and intentional vetting. The same concept applies for even more complex, multi-tiered supply chains....
Though many organizations are aware of and will mitigate business risks, procurement as a risk control function is often overlooked. Specifically, SRM (Supplier Relationship Management) is a key...
Most procurement organizations want to improve their image with internal stakeholders and continuously raise the quality of their service offerings because, in doing so, they can extend and...
In the global supply chain landscape, threats to cyber-security are increasing exponentially. Fortune 500 companies have had sensitive information leaked because hackers have targeted...
Without stakeholder buy-in, even the best technology will fail due to poor adoption and the resulting poor ROI. The hype and inaccurate expectations surrounding artificial intelligence further...
How Seal Now Enables Businesses to Leapfrog Benchmarks for Speed, Cost and Risk with Third-Party Paper
Contract negotiation is critical in any productive commercial relationship, yet few...