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Image via Flickr by epSos.de Many of the risks associated with operating a business are directly tied to the supply chain. Slowed deliveries due to a natural disaster may result in lost sales and missed opportunities. A communications provider outage could have the same results. These supply chain disruptions often result in huge losses. According…
Image via Flickr USDAgov Whenever an outbreak of Listeria occurs or any other food safety issues arise, the U.S. government steps in to investigate and prevent further crisis. The government has always had an interest in food safety, but it has made significant changes to food safety protocol over the past couple of years. Take…
Image via Flickr everyoneisgone Most companies around the world do not have supply chain practices in place to promote sustainable sourcing. As customers push for sustainability, however, this issue is becoming a big deal. Take a look why consumers are demanding more sustainability and the steps companies are taking to improve.Oops! You don’t have permission…
Image via Flickr by Hakan Dahlstrom The biggest challenges that government procurement agencies face at any level are corruption and discrimination. On a global level, transparency and fairness standards are even harder to agree upon. The World Trade Organization created the first Agreement on Government Procurement in 1981 to make a set of globally accepted…
Image via Flickr by linkedmediagrp Many procurement professionals shy away from social media due to the overwhelming amount of information out there. It’s simply easier to manage if you avoid the up to the minute news and reports, and rely on the old newspaper or water cooler chat. However, with a few skills you can…
Image via Flickr by btckeychain The start of the most recent U.S. recession (2008), marked the beginning of an almost unfathomable payment method: a software-based currency known as the Bitcoin. Since then, the virtual coinage has incited a spectrum of protestors and followers whose reactions range from chagrin to downright satisfaction. Currently, some companies deny…