A question I often get: “Is there a difference in managing contracts with a short term focus and a long term focus?”
You bet!!!!
[Read more…] about Managing Contracts: A Difference In Short Term Or Long Term?
The change ahead is awesome. Are you ready for it?
As we move towards Industry 5.0, it’s becoming increasingly clear that there needs to be a different and more holistic approach to contract management. The traditional approach – focusing largely on reducing costs and mitigating risks – is no longer adequate in a business landscape that’s becoming more complex, interconnected, and reliant on innovation.
[Read more…] about Industry 5.0: What You Need To Be Aware Of
Outsourcing is an excellent way for organizations to optimize their operations, reduce costs, and focus on their core competencies. However, it can also come with a range of risks that organizations need to be aware of. Let’s talk about risk.
[Read more…] about The Risks of Outsourcing
In our globalized and hyperconnected economy, the success and resilience of one organization are intertwined with those of many others. The interconnectedness of modern organizations has created a business ecosystem where the relationships between entities have become crucial determinants of their individual success.
[Read more…] about Business Ecosystems: Understanding The Interdependence
The procurement function has undergone a significant transformation in recent years. With the increasing complexity of global supply chains and heightened compliance requirements, the traditional focus on vendor management is becoming less relevant. Instead, organizations are gradually shifting towards a more comprehensive approach centered on contract management. This article will explore the reasons behind this shift and its implications for the procurement landscape.
[Read more…] about The Evolution of Procurement: Why Vendor Management is Becoming Obsolete and Shifting Towards Contract ManagementThis website uses cookies to ensure you get the best experience on our website. More information
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