Procurement

As the amount of data being generated and consumed continues to increase at a rapid pace, companies need on-demand computing resources including hardware, storage, databases, networking, and software to run the business. Cloud computing enables companies to access and manage computing resources at scale, move faster, be more agile, and…

Strategic design helps keep supply chains upright even as the earth shifts beneath them — By Andrea Waisgluss Between a global pandemic, war, inflation, and climate catastrophes, the last few years have shown just how increasingly turbulent supply chains can be. As the environmental, regulatory, and geopolitical atmosphere continues to present challenges, designing for supply resilience has become a market differentiator for global firms. …

When I hear someone say “DEI,” my mind jumps to HR departments, from countering bias in the hiring process to increasing retention of diverse employees. However, the focus on DEI should go beyond HR — after all, humans constitute every department in the workplace. From Procurement to Marketing, there are…

B The Change Weekly: March 10, 2023 — B The Change Weekly provides the most important and most relevant stories about people using business as a force for good. The weekly newsletter features a note from the B The Change team alongside insight and context on the stories we share here on Medium. Below is our latest roundup…

I’ve banged on about this a little bit already, but once more for newcomers… A sustainable supply chain is increasingly important in today’s interconnected world; it promotes social, environmental, and economic sustainability and ensures that companies from one nation aren’t exploiting — to their detriment — persons from other nations…

When the balloon goes up Forty years ago, when our children were not yet in Secondary, our evening meal sometimes included an unexpected guest. It was more than likely that Alan, ‘the Apple Man’, would turn up just when we were on ‘thin rations’ — a meal already stretched and…

Procurement fraud can be a major concern for businesses of all sizes. According to a report by the Association of Certified Fraud Examiners, the median loss from procurement fraud cases is $100,000, making it one of the most costly types of fraud. However, with the help of machine learning, it’s…

My point of view on the decision-making process of purchasing new or ex-trains — The debate over whether to buy a new or used car is an age-old question, but it becomes relevant when discussing large-scale purchases like electric multiple units (EMUs) for public transportation. EMUs are a type of train that runs on electricity, making them a more sustainable option for urban transportation…

Procuretech underinvestment is chronic and pervasive. That and more in this infographic from Vendorful and PGSCP! The good news? Since underinvestment in procurement technology so pervasive, it doesn’t take much spending to have a major impact and turn Procurement into a competitive advantage. In my opinion, the most impactful investment…