With today’s fast evolving corporate world, organizations are expected to adapt to the changing needs of training and improve their learning culture. Everything is evolving: Learners are more demanding, new technologies, new skills, automation, and globalization is expanding our reach. Our ability to adapt to change and how fast we adapt to it often defines […]
Every business could use an occasional boost in their sales. There are several ways in which AI can help you accomplish this. There’s a lot of hard work and time involved in driving sales. You must research potential clients, make pitches to them, and continue to follow up with them before finally making a […]
As one of the largest industries in the world, the retail industry faces considerable challenges to anticipate ever-evolving customer demands. In fact, this USD 600 billion industry is set to nearly double to USD 1 trillion by 2020 and lists Employee Training as one of the top 7 viable areas of investments. Presently retail companies opt for […]
Today, trade war is the highest risk to global growth. Previously, lower tariffs and relaxed trade barriers reinforced global supply chain and caused a major increase in global trade. According to statistics, the average rate of tariffs on imports by World Trade Organization members declined from a little more than 12.74% in 1996 to 8.8% in 2016. Hence, […]
The internet of things (IoT) is certainly one of the biggest trends in tech right now, and its popularity is growing day by day. There has been some impressive statistics in recent years about the internet of things (IoT). For instance, since 2011, General Electric has publicly stated it would spend more than $1 billion on developing […]
Training implies enhancing the skills and knowledge of the employees for performing a specific job. Training tries to improve employees’ performance in current job and prepares them for future job. The crucial consequence of training is learning.
An ABC supplier analysis is a method of supplier valuation that divides suppliers into categories based on total spend over a period of time. At Procurement-Academy, we have developed an easy-to-use spreadsheet tool that will allow you to rapidly analyze your supplier data and will provide a basis for your decision process.
In a recent article for businessinsider.com, Annie Murphy Paul discusses recent findings of why young people leave their jobs and what would make them stay.
Six “new” purchasing skills have been identified as vital to your career success in 2015 as compared to 2010. This is one of the main findings of a survey completed by the European Institute of Purchasing Management (EIPM) which asked Chief Procurement Officers (CPOs) about which skills they feel will be most required in the […]