As the use of non-employee labor continues to grow, more procurement professionals are being asked to source solutions for a Vendor Management System (VMS). These systems have been around since...
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Organizations, large and small, are becoming increasingly dependent on a workforce comprised of non-employees. Progressive companies have embraced a sensible plan that has some portion of their...
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...
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...
While mid-market companies comprise only 1% of the total number of commercially active firms, they have led national job growth over the past few years, employing approximately 53 million workers...
The procurement technology landscape has seen unprecedented numbers of new entrants over the last four years. Mature organizations are now starting to look for functional depth rather than simply...
There has never been greater pressure on Procurement to deliver. Stakeholders are demanding increased efficiency, improved impact, and more savings at a reduced operational cost. In short: do more...