No matter how good you are at your job, there comes the point where you have to wonder if outside perspective could help. After all, you’re only human. There are many options when it comes to procurement consulting. How can you be sure if hiring a consultant will actually solve your problems or make your […]
[ctalink] Centralized procurement, where one location retains control over most, if not all, of the organization's purchasing decisions, is one of the go-to fixes within the procurement industry. The problem with decentralized procurement is each location has its own purchasing process. As a result, there are more contracts to monitor, RFP/RFQs to issue, and prices […]
Supply chain leaders can learn from Chinese e-commerce goliath Alibaba Group’s groundbreaking ideas, particularly when it comes to lowering costs and differentiating their operations. In just a few years, Alibaba has ascended to the top of the online commerce industry. Based on transaction volume, which totaled US$248 billion last year, the company is already larger than Amazon […]
This post has been updated for clarity. What began in 1999 with 18 people meeting in a small studio apartment in China has become a worldwide company with over 100,000 full-time employees. With that kind of growth and global conquest, they must be doing something right. What exactly is it that they do and how […]
