Procurement teams are face to face with supply chain disruptions, often serving as the liaison providing product updates to end users. As you've heard and experienced, the global semiconductor chip shortage has impacted major components of everyday life and business, affecting vehicles, laptops, phones, credit cards, home appliances and other products that need a computer chip to operate. Not only a key part of electronic devices, these chips also power the factories where those devices are made. Without enough of them, companies have been forced to stall production, and when you combine high demand with limited supply, you’re paying more for those products.
Sudden, dramatic business changes can create – or expose – gaps in your IT systems and infrastructure. But before you can address them, you need to know they exist. Your IT infrastructure determines how productive your people can be. It keeps your data and information safe. Ultimately, your IT practices directly affect your revenue and profit. In this blog, you will learn about various potential gaps in your IT infrastructure, and how Ricoh can help members of OMNIA Partners fill these gaps and enhance their network security.
Procurement, sourcing and supply chain professionals have limited bandwidth, especially when dealing with today’s economic challenges. Your team may be working to avoid flushing dollars down the drain due to inadequate systems to manage facilities and maintenance, repair and operations (MRO) spend.
Businesses in every industry rely on an efficient supply chain, and procurement, supply chain and sourcing leaders play a pivotal role in producing tools to mitigate risk and get immediate access to world-class solutions. With a growing list of responsibilities, your team is tasked with delivering reliable products and services on time, every time and at the best possible price.
Group purchasing enables you to discover new innovations and ideas that'll help your business success and remain competitive in the constantly evolving marketplace. With speed and confidence, this is an opportunity to save money in multiple points of the supply chain.
Student debt is a crisis that is affecting 44 million Americans and 70% of new college graduates. These recent grads are our current and future employees, but their debt is affecting their job search, credit and retirement. In response, several companies are adding student loan assistance programs, but odds are this will end up costing the employer a significant amount of money.
Procurement, sourcing and supply chain teams are instrumental to their companies and have proven to be a powerful force navigating some of the biggest challenges their businesses face in today’s market.
Those of you in these roles are masters of your craft and already achieving success through your strategic mindset at work. Right now you have an opportunity to make an even bigger impact at your company by simplifying and strengthening your process with the help of a group purchasing organization (GPO).
Sure, we may all suffer from a little “tech neck” from time to time, but we can all agree that technology advancements are a wonderful thing. Technology has revolutionized how we move talent, helping us recruit more effectively, manage risks, provide responsive support to assignees, and estimate costs more accurately than ever before. Mobile technology tools have allowed us to engage with employees at every point of their move through systems that are both convenient and highly customized to their needs. So, are these mobility technology platforms effectively taking the place of the relocation counselor? Not quite. In fact, we’re discovering that the opposite rings true: the faster the pace of technology, the more important humans become.
Rapidly rising in importance amid the talent shortage is contingent labor, workers that provide services to an organization such as independent contractors, freelancers and temporary staff, and are not on the payroll. Almost every company has contingent workers, and many are increasing the use of non-permanent labor while dedicating more spend to the HR category.
Understanding the basics when it comes to pharmacy benefits management (PBM) can provide insight for procurement managers trying to find cost savings in unfamiliar territory.