Building a redundant supply chain requires planning for vendor transition. While we can’t prepare for every minute possibility, a bare bones transition plan that gets you from one vendor to another quickly will help you sleep better at night. We…
Shared services have been transforming the corporate delivery model since the 1980s. As an operating model, the philosophy is to centralize and standardize administrative functions. The idea is to go from multiple silos with many workflows, to one…
It’s a challenging time to be in the procurement field. COVID-19 proved that our supply chains are weaker than we thought and highlighted our need for real-time technology tools to stay on top of volatile markets. Procurement, however, has lagged…
While the COVID-19 virus may have derailed some digital transformation initiatives, behind the scenes, technologies have continued to evolve. Artificial intelligence (AI), while maturing, is still in its infancy. Despite this, AI will play a huge…