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 […]
5 Tips on How to Research the Translation Industry in 7 Days: In-Depth, Yet Effortlessly!
Supply market research tips for procurement professionals If you’re a procurement professional responsible for sourcing Professional Services, Corporate Services or Marketing Services, there’s a good chance that you’ll get involved in sourcing language translation services sooner or later. The industry has experienced significant growth over the past few decades, fuelled by globalisation and enabled by […]
6 Things You Need to Know About Buying Services
Buying B2B services is very different from buying physical goods and, therefore, requires a different approach. Goods are tangible – you can touch them, test them and quality approve before they are shipped. So, with the right due diligence in place, there is a high degree of certainty in terms of what you get when […]
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 […]
Proof That Investing in Employees Is Good for the Bottom Line
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 […]
