Change Management – How to Successfully Implement a Cloud System
Priscilla Ng
Dear Mr. Purchasing Manager,
February 27, 2017Category: Best Practices
Inside the Box Thinking, an Innovation Technique
Ibrahim El Chami
The idea of frugal innovation ties to a philosophy pushing people to think inside the box. Not outside the box. “But how will I innovate?” you might ask. These schools of thought steer away from relating capital investment directly to innovation. They reinforce that you don’t need to be a ‘creative’ mind to achieve true innovation.
February 27, 2017Why do businesses fail?
Jon Burgess
Why do businesses fail?
This is the single most important question any entrepreneur should ask and know the answer to. However, the fact that 80% of new businesses fail within 18 months of starting* is a clear indicator that most business people do not know the so-called secret to success.
February 27, 2017Here’s What Happened To This Company After Procurement Was Freed From Finance’s Control
Martin J Venter
We are all too aware of how Procurement teams have always had to yield to Finance’s whims. This has, for too long, been the Chief Procurement Officer’s (and not to mention the Purchasing Manager’s) biggest grievance. And it’s a grievance that has never quite been addressed. About thirteen years ago,…
February 22, 2017What Are Self Purchase Orders & Why They Are Bad For Business
Rudy Yuly
What is a Purchase Order? (If you are already familiar with Purchase Orders, skip to What is a Self Purchase Order below— either way, it would be useful to read about Purchase Orders first)
December 7, 2016What is Spend Culture?
Nitant Narang
Companies, across the board, are not immune to uncontrolled spending and don’t know how to deal with it — across industries, CFOs and CPOs are being let go after financial reports throw up surprises at the end of the quarter.
September 19, 2016Why Your Company Will Spend Millions on ERPs That Won’t Work
Rudy Yuly
If you happened to be trick-or-treating on Halloween way back in 1999, it’s likely your bag of treats came up short. Halloween 1999 still carries a bitter taste at Hershey — it had paid $112 million to install a complex combination of ERP systems and, as it happened, it failed to ship $100 million…
September 12, 2016Yes, Procurement & Supply Chain Pros Can Become CEOs — Just ask these 5 CPOs
Rudy Yuly
If you had started out in any company’s procurement department, the highest position you could aspire to was the chief procurement officer (CPO). And then the Great Recession of 2008 changed everything.
August 29, 2016John Oliver’s Right — Charter Schools are Broken. But We’ve Found a Way to Fix Them
Nitant Narang
Last night, John Oliver did what he does best — systematically deconstruct a vexed and complex issue without coming off as sanctimonious or boring. Fraud, inefficiency and rampant closures have dogged charter schools for far too long and, even as an alarming number of recent news reports by small and regional publications have made light…
August 22, 2016How the Wright Brothers Went Wrong
Nitant Narang
The history of modern aviation begins on the cold and frigid morning of December 17, 1903, when the Wright Brothers made history by flying the very first machine-operated airplane for about 12 seconds.
August 10, 2016