Procurement professionals want to achieve measurable savings but there are many factors other than price that impact competitive advantage. As a buyer I love to get a very competitive bid for a product or service. Then I put my procurement hat on and list out the factors that can determine if this is such a […]
CFOs and CPOs often have the choice of going with the name company (safe choice) or the entrepreneurial company (better choice). In procurement, there is risk in choosing the upstart if they don’t live up to the expectations. It takes courage to go with a lesser-known company even if it is clear that their […]
Automation is the buzzword uttered on the lips of most entrepreneurs in this day and age. Yet there are still businesses that are slow to fully adopt this concept. Some business owners are unsure of what processes to automate during daily operations. Other owners feel unsure about giving that much control over to a software program as they worry about missing out on some important piece of information or data that could influence the way they market and stay competitive in their industry.
You walk into the office, ready to tackle the management duties and customer service for your business. You pull up the chair and then realize the workload piled on your desk is actually all the administrative work you have to organize, document, and send out to vendors. Instead of doing all this work by hand, […]