Effectively Managing Your Third-Party Risk
In today’s current business environment, companies are becoming more reliant on their network of vendors, contractors and partners than ever before. Complex...
Procurement in the Insurance Industry: Three Key Focus Areas to Improve Performance and Optimize Savings
The claims department can account for up to 80% of total spend in an insurance company. So it’s little wonder that procurement organizations at leading insurers...
Careful! Don’t Auction Away Your Supplier Relationships
There comes a point when management tasks procurement to save money quickly due to some recent poor performance or profit results to the financials. Either raise...
Why Procurement Organizations Can Benefit from Working with Internal Audit – Part 2
I was at a conference recently where nearly 500 professionals from the industry gathered to share their thoughts about the challenges and solutions related to...
[INFOGRAPHIC] 5 Key Global Economic and Business Trends that Will Drive Procurement in 2015
New goals, new targets, new challenges. What should your procurement team be focusing
on in 2015? What should be on top of your agenda?
Track & Trace in the Pharmaceutical Industry: Serialization Strategies and a Roadmap for Procurement
Drug theft, diversion and counterfeiting – pharmaceutical companies face a number of critical, potentially damaging challenges with their supply chain. Track...