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 […]
Gamification is currently the buzzword in the eLearning industry. It refers to the application of game-design elements with rewards such as points, badges, leader boards and storyline to educational concepts for improved user engagement. It is certain that gamification has redefined expectations in the eLearning sphere. The emerging technology’s impact on education has resulted into […]
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, […]
In today’s evolving world, highly informed consumers are more aware about their purchases than ever before. Among their expectations, they want organisations to meet a certain set of ethical standards as far as the supply chain is concerned. Companies have no choice than to enact significant changes that ensure environment protection, decreased damage, and sustainable sourcing, […]
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 […]
If procurement is truly a value-added function, investing in the people that drive that function should pay ample rewards.Check out Andrew Bartolini’s (CPO Rising) view on how you as a Chief Procurement Officer should use this particular time of year to prepare the necessary department budget to ensure that your organization’s training needs are addressed.
Procurement Academy has completed 5 new courses on Strategic Sourcing, all in High-Impact E-Learning format. These courses, aimed at senior purchasing professionals, provide all the necessary content to enable learners to manage and effectively perform a strategic sourcing process.