Legal

Mastering Supplier Risk Management: How to Build More Reliable Suppliers

Posted: 03/12/2024 - 22:01
Mastering Supplier Risk Management: How to Build More Reliable Suppliers
Supplier Segmentation 
The first step in an SRM program is Supplier Segmentation. This process involves categorizing the supply base into different segments based on various factors, such as the type of goods or services provided, the business volume, and the risk associated with each supplier. By segmenting suppliers, businesses can prioritize their efforts and resources to effectively manage the suppliers that pose the most significant risks. 

Beyond Surviving: Achieving Long-Term Business Resilience with Agile Procurement and Supply Chain Strategies

Posted: 09/09/2023 - 02:54
Beyond Surviving: Achieving Long-Term Business Resilience with Agile Procurement and Supply Chain Strategies

In today's unpredictable business landscape, resilience has become the cornerstone of success. As companies face increasingly complex challenges, their ability to adapt and innovate has become critical for survival. One area that plays a pivotal role in enabling organizational resilience is procurement and supply chain management. 

Behind the Scenes of Retail's 21st Century Makeover

Posted: 05/18/2023 - 19:16
Regardless of whether consumers shop online or in-store, the expectations for on-time, accurate fulfillment are the same. To deliver a seamless digital-to-physical, otherwise known as phygital, shopping experience, retailers must be able to see and accurately sell their inventory down to the last item, for every color and size variation, every time. This means that a retailer doesn’t just need to know it has 10 pairs of Levi’s jeans in-stock.

Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend

Posted: 05/11/2023 - 20:57
Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend
CORK, Ireland – May 2, 2023Keelvar, a global pioneer of intelligent sourcing optimization and automation solutions, today launched the next-generation of its Autonomous Sourcing solution, which combined with its Sourcing Optimization platform, fuels a revolutionary approach to sourcing.

Will the UK save £1.6bn on procurement after Brexit?

Posted: 05/05/2017 - 19:59

In its campaign against the UK's continued membership of the European Union, 'Vote Leave' claimed that EU procurement rules, which govern the purchase of goods and services by public sector bodies, cost UK taxpayers £1.6bn a year. It also claimed that 1.9 million days a year are lost to red tape delays.

Is it likely or possible that the UK can save this money and time cost by changing the public procurement rules after Brexit?

Current system

TOP TEN: (More) Outsourcing Acronyms

Posted: 12/09/2016 - 21:00

A couple of months back, we published our Top Ten Outsourcing Acronyms – a piece that had been a long time brewing, after we’d initially put out a call for entries the previous year. Well, as seems frequently to be the case with this series, that publication prompted a flood of new submissions, and we’re delighted to be able now to unveil a hilarious – if somewhat potty-mouthed – sequel.

OPINION: Why Lebanon as a hub for business process outsourcing?

Posted: 09/20/2016 - 21:00

A couple of years back, I approached a number of legal process outsourcing (LPO) firms - all of the largest and most reputable American and British ones. Many replied; only one expressed interest and took it further. I made a proposal to establish a centre in Beirut, Lebanon, and was hoping it would go further - but it didn’t.

But what if it had? What would have happened?

What Brexit might mean for the UK’s relationship with Poland – and its effect on outsourcing

Posted: 08/10/2016 - 02:50

With the United Kingdom set to leave the European Union, the impact on the Polish outsourcing market looks likely to be both positive and negative. The full extent on outsourcing is yet to be determined, but some predictions can be made based on various scenarios.

If Polish talent leaves the UK

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