The True Cost of Not Transitioning To Digital Supply Chain Management
The COVID-19 pandemic underscored the dire consequences of relying on outdated, manual supply chain systems. Businesses that have yet to embrace digital supply chain technologies risk falling irrevocably behind competitors....
Out of Stock? Out of Luck: Why Manual Inventory Can Cripple Your Business
Inventory management is the lifeblood of any business – retail, manufacturing, distribution, and others – that deals with physical products. Efficiency and accuracy are paramount, yet many companies still rely...
Revolutionizing Facility Management: The Power of Integrated Procurement Solutions
In today’s fast-paced business environment, effective facility management is crucial for the smooth operation of any organization. As facilities become more complex and demands on managers increase, the need for...
Tackling Maverick Spend: How Procurement Leaders Can Regain Control
Maverick spend – purchasing that occurs outside approved procurement processes – continues to be a significant challenge for organizations across industries. A recent study by WBR Insights, ProcureCon, and SDI...
5 Actionable Steps to Empower Frontline Workers with Technology in Supply Chain Optimization
In the world of supply chain management, introducing new technology can feel like trying to navigate a complex maze. Imagine giving your team a state-of-the-art tool without proper guidance—frustration mounts,...
Cooperative Purchasing vs. Group Purchasing: Understanding the Key Differences
In the world of procurement strategies, cooperative purchasing and group purchasing organizations (GPOs) play pivotal roles in optimizing procurement efficiency and enhancing business operations. These approaches are central topics in...
Cost Control Made Simple: The Financial Benefits of Intelligent Automated Sourcing
The Imperative of Automation in MRO Supply Chain Management In the realm of Maintenance, Repair, and Operations (MRO), traditional management approaches, burdened by manual processes and siloed data, cannot keep...
Procurement professionals know that managing the process of sourcing MRO supplies, facilities maintenance parts, PPE, and other tail-spend categories is no simple task. With multiple suppliers, complex approval workflows, and...
Why Integrated Parts Management is Critical for Multi-Site FM in 2024
In 2024, facilities management (FM) leaders can no longer afford to ignore the parts and materials supply chain. As revealed in our recent whitepaper, unmanaged and fragmented supply chains have...