• The Complex Web: Understanding the Retail Supply Chain
In the fast-paced world of retail, the supply chain serves as the backbone that connects manufacturers, distributors, retailers, and customers. It involves a multitude of processes, from sourcing raw materials to delivering finished products to store shelves. Each link in this chain plays a crucial role in ensuring efficiency, quality, and ultimately, customer satisfaction.
Here’s a topic that is relevant to professionals across various industries: the difference between realizing organizational objectives and simply buying something. While both activities involve achieving desired outcomes, there are fundamental distinctions that we should be aware of. Let’s explore further!
[Read more…] about Understanding the Distinction: Realizing Organizational Objectives vs. Buying Something
As professionals in the procurement field, we constantly strive to optimize our processes and ensure the best outcomes for our organizations. However, even the most experienced procurement teams can sometimes fall victim to common pitfalls that can hinder efficiency and effectiveness.
[Read more…] about Top 10 Classical Procurement Mistakes
The European Banking Authority’s (EBA) regulations have a significant impact on how companies use contract lifecycle management (CLM) and run their contract management operations. Established in response to the financial crisis of the late 2000s, the aim of the EBA regulations is to improve the stability and resilience of the banking industry, protect consumers and investors, and ensure that the industry operates in a transparent and accountable manner.
[Read more…] about Why Contract Management Is Key For EBA Regulations
The business is served best with agnostic process design and roles and responsibilities and software that can really support the fit for purpose solution. As at CATS CM® we have trained thousands of people in the methodology and helped implement in many organizations we see that clm software is a ‘beast’ by itself. We focus on methodology, others will focus on technology.
[Read more…] about Methodology And Technology Are Always Complementary In Contract ManagementThis website uses cookies to ensure you get the best experience on our website. More information
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