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Image via Flickr by ilamont.com The average modern business spends most of their IT budget on simply maintaining their network, leaving only a small amount available for upgrades and innovations. With the rate of advancements in technology, keeping up isn’t always easy. Many companies are turning to cloud computing for a cost-effective solution.Oops! You don’t…
Image via Flickr by Sean MacEntee Award-winning U.S. procurement firm, GEP recently released their Strategic Sourcing and Procurement Outlook trend report for 2013. The report outlines eight key trends that will impact procurement strategies this year, along with a market outlook of eight major sectors.Oops! You don’t have permission to view this page! Make sure…
Image via Flickr danielmoyle Every year the World Bank loans between $15 billion and $20 billion to government contracts around the world. Contractors must go through a bid process to be considered for government contracts, but it lacks transparency and consistency. The World Bank intends to reform its procurement policies in order to cut down…
Image via Flickr by Ding Yuin Shan When operational dysfunctions occur, the source of the problem is usually linked to the supply chain. Effective supply chain systems integrate seamlessly into a company’s operations and need a great deal of teamwork for success. A dysfunctional supply chain can drag a business under very quickly. Here are…
Image via Flickr JeepersMedia Recalls can have damaging effects on a brand. Investors predicted that Samsung would learn this firsthand after recalling its Note 7 smartphone in October 2016. Many consumers lost trust in the brand, and Samsung has spent millions of dollars trying to alleviate the damage. Check out how Samsung handled the recall…
Image via Flickr by Jamie in Bytown The United Kingdom faces many of the same challenges as food chain managers do in the United States, with their weather patterns. Due to unpredictable and widely fluctuating weather conditions, it is difficult to plan for packaging that will accommodate large, plump fruits and vegetables one year as…