Inventory management in a business setting is one of the significant things you cannot do without. But then, it doesn’t come easily. There are lots of ideas and procedures you need to vehemently consider and put in place before it finally becomes a success. So it has grown considered one of the few things you […]
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 […]
Here are 6 Practical Warehouse Management Tips to Improve Inventory Control Plan the Warehouse Layout. Incorporate Efficient Weighing Systems. Arrange your Inventory Properly. Practice Cross Docking. Embrace Technology. Improve Demand Planning. Plan the Warehouse Layout Plan the warehouse layout carefully to maximize the storage space. It should facilitate the movement of goods in the warehouse. […]
Position: Head of Procurement Qualified Applicants Only: Click this link to apply. Position Summary: Reporting directly to the Head of Research and Development, the Head of Procurement Academy will be responsible for leading the Procurement content offering. This remote position requires the ability to work independently (home office). Key Responsibilities Lead the development of additional inspiring […]
There is no doubt that the accelerating pace of change in business shows no sign of slowing down. Customers now have high expectations, products are updated and introduced faster than ever, new companies are cropping into the market daily. In such conditions, a lack of agility and scalability can cost an organization dearly. This explains […]
Our guest blogger, Kelly Barner, discusses why getting spend under management is a primary objective of all procurement departments. The eSourcing Wiki defines “Spend Under Management” as: Total Spend Under Management / Total Spend. This is a straightforward calculation. .
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 […]