The 10-campus University of California (UC) was challenged to save $200 million annually within five years as part of the "Working Smarter" initiative. This included acquiring ancillary purchasing...
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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...
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 services procurement (SOW) engagements can allow employers to hire the best contingent talent to complete a project, the approach you take to building services procurement into your overall...