How to make the most of your training budget?

It is vital to make strategic investments in employee development for empowering teams and ensuring the continued success of a company. In fact, training expenditures in the U.S. cost $70.65 billion in 2016. It has been noted however that a good amount goes to waste when employers don’t consider the specific needs of the company and employees of […]

Share

5 Steps to drive value into the Supply Chain

In today’s rapidly evolving and competitive corporate environment, it is essential to shift from a traditional transaction-based (more tactical) to a value-oriented supply chain for companies to recognize their full market potential. Driving value into the supply chain means more collaboration and the ability to obtain the relevant data needed to make quicker and more […]

Share

Overcoming Employee Engagement Challenges

Low employee engagement represents a major challenge for various organizations. It is essential that businesses engage with their staff to keep their workforce motivated and productive since the poor employee engagement can lead to a company’s downfall. A 2012 report states that companies around the globe are spending $720 million USD a year on improving […]

Share

Applying Spaced Learning for a more effective corporate training

As an innovative method of learning, spaced learning has been creating a buzz since the last few years. The technique includes a sequence of short, intense training sessions with increased learner involvement, separated by short pauses during which students do a totally different activity. A number of people are involved in the creation of this […]

Share

4 Mistakes Businesses Make When Training their Employees

Training is key to employee retention, with statistics showing that around 40% of employees who receive inadequate job training leave their companies within one year. Interestingly, a recent survey by McKinsey & Co. found that only 25% of respondents to a 2010 survey felt that training improved employees’ performance. Why are so many companies unhappy with the […]

Share

Training Best Practices leading to Organizational Success

Organizations have realized that continuous learning and development is a crucial ingredient for success. More and more companies are investing heavily into training and development programs in the hope to increase productivity and profitability. According to the 2017 Training Industry report, the 2017 U.S. training expenditures rose significantly, increasing 32.5% to $90.6 billion. Businesses are […]

Share

Why is logistics training so important to Supply Chains?

As an integral part of supply chain management, logistics plays an important role to keep the supply chain strong. It plans, implements and controls the flow and storage of goods and services in order to meet customer’s requirements. Logistics management cannot be overlooked as it contributes greatly to the success of any company’s operations and […]

Share

Best practices to improve Supply Chain productivity

The supply chain is now increasingly viewed as an essential determinant of competitive advantage. Organizations have realized that their supply chain is much more than the cost of getting products into consumers’ hands. Companies have recognized the importance of the supply chain in translating corporate strategy into daily interactions both within and beyond the organization. […]

Share

5 steps to a successful strategic procurement process

The procurement process is not an easy one to handle. Strategic procurement needs the involvement of an entire organization. It necessitates effort from all departments of a company. A strategic procurement team is essential to set the overall direction for procurement, aligned with the business strategy. In fact, a procurement strategy is one of the […]

Share