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...
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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...
The commitment to continuous improvement and fostering transparency throughout the supply chain is an integral component of achieving any corporate social responsibility (CSR) vision -- and to...
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...
Sustainable purchasing is becoming a vital lever for organizations, not only to mitigate supplier and third party risk but to uncover new sources of value. But how do you get your organization on...
As new technologies continue to emerge and companies look for ways to innovate and gain competitive advantage, it comes as little surprise that the average organization's software stack is growing...