By this point, you’ve heard all about artificial intelligence. In more ways than one, it’s inescapable. Not only is it supposedly going to usher in a “new era” in procurement and beyond, but coverage and discussion of it is everywhere. A few times over the course of our lives, we will be around for something […]
Making Sense of the “New Era” of AI in Procurement Read More »
There is no secret that among procurement departments, no matter the industry—whether that be higher education, large corporations, more mid-size businesses, healthcare, non-profits, and more—staffing issues are a recurring problem. We have talked extensively about the issue in the past. And when staffing issues are present, “procurement burnout” becomes a serious matter. Procurement burnout There
“Hire Staff, Cut Corners, or Fall Behind”: Why There Can Be a Fourth Option Read More »
In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we go over the first of the five ways: Ignoring spend limits. How this overspend begins On the surface, it might seem obvious — your company is overspending by
Adhering to Company Spend Limits to Stop Overspending Read More »
In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we go over the second of the five ways: Spending without approval — manifesting itself as the “maverick spender.” How this overspend begins In every company, there are always
Spending Money Without Approval: The Maverick Spender Read More »
In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we examine how your company can avoid overspending by building and improving your relationships with vendors and suppliers. How your vendor relationships affect overspending It’s easy to think that
Building and Improving Vendor Relationships to Avoid Overspending Read More »
Is your company doing everything possible to control costs? Knowing the culprits of overspending will help to reveal any further measures that could be done to stop it. Continue reading to discover 6 possible ways your company might be a victim of too much spending.
Five Ways Your Company Might Be Overspending Read More »
