Your Contracts Are Signed – Now What? Hey there, It’s great to negotiate a solid vendor contract. But what happens after it’s signed? Too often, businesses file it away and hope for the best. Milestones get missed. Payment terms are forgotten. Deliverables are delayed. And no one realizes until it’s too late. Contract execution …
The Future of Procurement: How AI Is Redefining Supply Chain Strategy Read More »
Hey there, Let me paint you a quick picture. You need to buy supplies for your business. You send an email, wait for a response, call someone to follow up, finally get a quote, then forward it to your boss for approval. Maybe the quote gets lost. Maybe someone else already bought it. Meanwhile, …
When people think about controlling business costs, they often look at the obvious numbers like salaries, inventory, rent. But if you dig a little deeper, you’ll find that some of the biggest drains on company resources are not listed clearly on any balance sheet. Introduction: The Cost of Inefficiency No One Talks About Hidden costs, …
Smarter Business Operations: A Modern Guide to Reducing Hidden Costs Read More »
Digital companions are not just for personal assistants anymore. They are also used for business purposes to help employees with their day-to-day tasks. In procurement, digital companions can be used to help users with their purchasing decisions by providing them with real-time data insights to make accurate decisions. For procurement professionals, it is important to …
