competitive advantages Archives - Procurement Cube https://procurementcube.org/tag/competitive-advantages/ Passion for business Mon, 24 Jul 2023 08:07:08 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 https://i0.wp.com/procurementcube.org/wp-content/uploads/2019/07/cropped-ProCu-THICKER-All-Grey.jpg?fit=32%2C32&ssl=1 competitive advantages Archives - Procurement Cube https://procurementcube.org/tag/competitive-advantages/ 32 32 193294611 This Approach to Creating Competitive Advantages Through Innovation, Works for All SMEs https://procurementcube.org/competitive-advantages/#utm_source=rss&utm_medium=rss&utm_campaign=competitive-advantages Sun, 10 Apr 2022 22:12:42 +0000 https://procurementcube.org/?p=2345 The ability to innovate and access external innovation is vital for SMEs to stay competitive. And due to the fact that SMEs are generally more nimble and able to pivot better than larger companies, doubling down on innovation can be a real source of creating competitive advantages. In this article I share a few examples […]

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]]> 2345 7 Surprising, but Effective, Steps to Achieving More Profitable Growth https://procurementcube.org/7-surprising-but-effective-steps-to-achieving-more-profitable-growth/#utm_source=rss&utm_medium=rss&utm_campaign=7-surprising-but-effective-steps-to-achieving-more-profitable-growth Wed, 23 Feb 2022 10:14:58 +0000 https://procurementcube.org/?p=2322 To become more profitable, you need to either increase your turnover, become more efficient & effective or lower total costs. Even better if you can do all three. And there is an, often overlooked, way Small and Medium Enterprises (SMEs) can achieve all three by simply focusing on improving one specific area of their businesses. […]

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]]> 2322 Selling to Procurement: Tired of Procurement Blocking Your Sales? Fix It With These 6 Steps https://procurementcube.org/selling-to-procurement-tired-of-procurement-blocking-your-sales-fix-it-with-these-6-steps/#utm_source=rss&utm_medium=rss&utm_campaign=selling-to-procurement-tired-of-procurement-blocking-your-sales-fix-it-with-these-6-steps Tue, 30 Nov 2021 11:52:24 +0000 https://procurementcube.org/?p=2278 Sell more in less time by taking control of your relationships with Procurement, and avoid becoming a boiled frog If you’re a B2B salesperson selling to large companies, you’ve probably noticed that Procurement shows up more often than they used to. And too often the outcome is fewer sales because you are prevented from differentiating […]

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]]> 2278 Selling to Procurement: 3 Secrets Procurement Doesn’t Want You to Know About https://procurementcube.org/selling-to-procurement-3-secrets-procurement-doesnt-want-you-to-know-about/#utm_source=rss&utm_medium=rss&utm_campaign=selling-to-procurement-3-secrets-procurement-doesnt-want-you-to-know-about Wed, 10 Nov 2021 13:06:36 +0000 https://procurementcube.org/?p=2272 Discover three secrets of dealing with Procurement, that will help you sell more in less time. If you’re a B2B salesperson, you have probably bumped up against procurement departments a number of times. In this article, I am sharing insights about Procurement that will make those interactions a lot easier, and that will help you […]

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]]> 2272 How to Get Business Process Outsourcing Right the First Time https://procurementcube.org/how-to-get-business-process-outsourcing-right-the-first-time/#utm_source=rss&utm_medium=rss&utm_campaign=how-to-get-business-process-outsourcing-right-the-first-time Mon, 04 Oct 2021 14:37:12 +0000 https://procurementcube.org/?p=2256 Business is becoming more and more dynamic. Gone are the days when you needed to build expensive development, manufacturing and logistics infrastructure to compete. That’s because almost any activity today can be outsourced. That brings with it flexibility and opportunities for small companies to scale much quicker than before, without having to incur huge fixed […]

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]]> 2256 Has Procurement REALLY Evolved Beyond Saving Money? https://procurementcube.org/has-procurement-really-evolved-beyond-saving-money/#utm_source=rss&utm_medium=rss&utm_campaign=has-procurement-really-evolved-beyond-saving-money Mon, 05 Oct 2020 14:02:27 +0000 https://procurementcube.org/?p=2001 What is the purpose of Procurement? The old school purpose of procurement was to save and cut costs. But we are now in 2020, and for at least the past two decades, there has been much talk about the need for Procurement to re-evaluate its purpose and work with business leaders to develop category plans […]

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]]> 2001 How to Create a Business Environment Conducive to Remote Working https://procurementcube.org/how-to-create-a-business-environment-conducive-to-remote-working/#utm_source=rss&utm_medium=rss&utm_campaign=how-to-create-a-business-environment-conducive-to-remote-working Mon, 09 Sep 2019 10:31:57 +0000 https://procurementcube.org/?p=1608 Organisations are increasingly enabling their workforce to work remotely due to the host of benefits it brings to both the business and its employees. With some businesses even going so far as adopting a business model where they don’t have a centralised office and all employees work remotely. But, as with most things, while remote […]

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]]> 1608 Proof That Investing in Employees Is Good for the Bottom Line https://procurementcube.org/proof-that-investing-in-employees-is-good-for-the-bottom-line/#utm_source=rss&utm_medium=rss&utm_campaign=proof-that-investing-in-employees-is-good-for-the-bottom-line Wed, 28 Aug 2019 14:04:40 +0000 https://procurementcube.org/?p=1604 I’ve previously written about how approaching procurement with a sole focus on cost saving can end up costing you more money in the long run, but I wanted to elaborate on one particular point I raised within that article. And, that’s how investing in your employees can benefit your bottom line. It’s becoming widely recognised […]

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]]> 1604 Are Business Ecosystems the Growth Model for the Future? https://procurementcube.org/are-business-ecosystems-the-growth-model-for-the-future/#utm_source=rss&utm_medium=rss&utm_campaign=are-business-ecosystems-the-growth-model-for-the-future Thu, 25 Jul 2019 12:53:56 +0000 https://procurementcube.org/?p=1508 Business ecosystems have become “the topic on almost every corporate board’s agenda”, according to the World Economic Forum. They are both the present and the exciting future. But what exactly are business ecosystems and why have they grown in such prominence today? What is a business ecosystem? Investopedia defines a business ecosystem as a “network […]

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]]> 1508 The Importance of Creativity in Business https://procurementcube.org/the-importance-of-creativity-in-business/#utm_source=rss&utm_medium=rss&utm_campaign=the-importance-of-creativity-in-business Wed, 19 Jun 2019 10:35:03 +0000 https://procurementcube.org/?p=1459 It’s an old saying and perhaps a tired one: the only constant is change. But it’s difficult to ignore how crucial that statement is for business. If companies want to survive, innovation is the only way forward. As the CEO of Symes Group, Jessica Symes, says: “… Change is coming, the robots are here and […]

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