Your supply contracts are important. They govern your commercial relationships. However, after they have been negotiated and filed, they are often forgotten about. Years may pass by and business contexts may have changed. Contracts that were once fit for purpose may no longer be suitable or protect the organisation adequately. It is, therefore, necessary to […]
How to Remove Hidden Costs by Streamlining Your Procurement Processes
There are costs that are plain for everyone to see, and then there are costs that may be less obvious. For example, costs associated with sub-optimal procurement processes could represent a substantial unnecessary expense for your organisation. But how do you identify such hidden costs? And more importantly, how do you eliminate them? First consider […]
How the Procurement Function Creates Business Value When Companies Merge
I’ve written previously about why mergers have become such a popular growth strategy, including how our Business Focused Procurement approach can be pivotal in ensuring you maximise on the available benefits. Now I’d like to focus on how an empowered procurement function can add business value in a corporate merger situation. Often an important objective […]
When New Technology Has Negative Implications for Employees
There’s no disputing the fact that technology is changing the way we live our lives – and run our businesses. When used in the right way, technology can provide significant boosts for businesses, aiding growth and reducing total costs across the business. But, what about the employees? Does technology always benefit them, and do all […]
Get More Value From Translation Agencies, While Controlling Costs
2nd of 3 articles: How to buy language translation services Implementing a sourcing project for language translation solutions can be a complex and resource intensive process. In large organisations the spend is often fragmented and key internal stakeholders tend to have strong opinions about which translation agency to use. The first article in this 3-part […]
