You might think that your most strategic suppliers are the ones you spend the most with. But supply chain crises may shine a light on which suppliers are actually strategic. Modern-day supply chains are truly global, highly complex and getting longer and longer. 20 years ago, most of a company’s suppliers were probably within a … Continue reading Suppliers: Who And Where Are Your 1%?
Careful planning and a willingness to adapt help ensure that your key suppliers stay with you when you’re implementing a new tech system Implementing a new tech solution can be like a voyage into a new world. There is the promise of efficiency, the draw of increased margin, and the assurance of better working relationships. But … Continue reading How To Get Your Suppliers On Board With Your New Tech
When done right, creating content can be an amazing tool to grow your personal brand. So, what makes brilliant thought leadership content? Let’s take a look… Do you dream of being the world’s number one procurement influencer or one of our profession’s Gamechangers. Well, blogging is an important step in raising your profile. Here’s how … Continue reading Finding Your Voice: Writing Brilliant Blogs
We all know networking and creating connections with the people around us is important, but how do we do at the moment? Here’s how. Any successful person will tell you that it isn’t what you know, but who you know that gets you ahead. Forging new connections and fostering existing connections can help you broaden … Continue reading 5 Ways To Stay Connected During COVID-19
Considering this macro-economic turmoil, new research shows that most contracts and supplier partnerships held strong during the pandemic The early days of COVID-19 were financially tumultuous and incredibly stressful. For most business executives, uncertainty ruled the day: Would my contracts hold? Will I get paid on time? And will I have enough funds to pay … Continue reading What You Need To Know About Supplier Payments, Bankruptcies And The Financial Impact Of COVID-19
Is there a compelling reason to use blockchain in the supply chain? We separate fact from fiction. The supply chain profession is no stranger to blockchain. In fact, a survey this year of supply chain professionals showed 80% are familiar with blockchain – a whopping 21% increase on last year. And almost half of respondents … Continue reading 5 Outdated Myths About Blockchain
Procurement and supply chain leaders are experiencing newfound appreciation and opportunity following their response to COVID-19. COVID-19 hit supply networks hard. So hard, in fact, that 97% of organisations experienced a related disruption. Still, there’s more to the story than disruption and chaos. Insights shared by over 600 procurement and supply chain professionals actually paints … Continue reading From The Backroom To The Boardroom: Procurement & Supply Chain Leaders Step Up