Understanding the basics when it comes to pharmacy benefits management (PBM) can be very beneficial to procurement managers trying to find cost savings in unfamiliar territory.
Read through these six questions you can ask to better align your procurement activities with your IT team’s initiatives. Alignment can be as simple as starting the conversation down the right path.
Editor's Note: This post was originally published by Corporate United, an OMNIA Partner. Now part of the OMNIA Partners family and fully integrated to create even more leverage for our growing member community.
Read through this informative infographic featuring the reasons why a taking a look at your office supplies program through a new lens may make a lot of sense for your enterprise.
As technology is leveraged in almost every function of an enterprise, managing IT spend can be challenging for procurement organizations. However, when procurement and IT have a healthy alignment, teamwork can deliver innovation and act as a ‘change agent’ across the enterprise.
$500 billion is spent annually on MRO (maintenance, repair and operations) in the U.S, making MRO a target category for procurement to manage. Approximately 30% of MRO spend is on non-inventory industrial purchases; the other 70% is committed to MRO inventory.
The breakroom is an area of the office that, maybe surprisingly, holds an opportunity to help procurement cut costs in a major way. In addition to helping improve productivity by giving employees a space to recharge throughout the day, the break room and the products you stock in it can help your organization reduce waste.
An office relocation program and working with a GPO… You might find yourself wondering, “Is it worth it?” It can seem like a small area of spend for your businesses, in fact, it may feel like this offering doesn’t even apply to your organization. Or that the barriers you face while trying to get buy-in for change are insurmountable… So, should you even bother?
At some point, everyone dreams of reaching perfection. Making the winning shot in a big game, exceeding an aggressive sales target set for the year, or having zero defects in a complicated production process.
