5 Reasons Why E-Procurement Makes Sense!

 

When it comes to procurement, everyone that is in the industry will tell you that it is a hard thing to handle as well as master. However, as the times have changed, the way procurement managers work with the procurement of services have also evolved alongside technology. E-procurement has been around for years now and if you ask anyone directly linked in the business, they will tell you that it’s a very daunting system that takes some time to get used to. E-procurement is not for the faint hearted and e-procurement systems can help your business immensely if you figure out the right way to get it done! 

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8 reasons to start your business in 2017

Are you an aspiring entrepreneur who has been thinking of setting up your own business but lack the courage to do so? Perhaps you already have a plan, but there’s a multitude of reasons why entrepreneurship is risky. From the lack of resources, to losing sleep, to possibly ending up in a pile of debts, the inertia to start seems pretty high.

However, there has never been a better time to start your own business than 2017. Here are some reasons to motivate you to take the first steps in starting up your own company.

 

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Implement These 10 Best Practices To Become a Procurement Genius

In the past, procurement had a relatively simple mandate of keeping costs low. These days, however, procurement has become much more nuanced. And to match that more involved existence, a set of procurement practices have been established. Procurement helps to deliver competitive advantage by eliminating wastage in the cycle of demand, source and supply when purchasing goods and services.

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Implement These 12 Procurement Best Practices in Less Than 15 Minutes!

In the past, procurement had a relatively simple mandate of keeping costs low. These days, however, procurement has become much more nuanced. And to match that more involved existence, a set of procurement practices have been established. Procurement helps to deliver competitive advantage by eliminating wastage in the cycle of demand, source and supply when purchasing goods and services.

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Outsourcing The Right Way For Better Deals! – Published On Business Times

This article was first published in The Business Times on 27 September 2016 by ThunderQuote co-founder Junming Tan.

No business is completely self-sufficient. All companies require solutions and products from other vendors to better service their own customers. Outsourcing enables businesses to focus on developing its core competencies, while still benefiting from greater efficiencies and conveniences provided by their outsourced partners.  For example, an F&B business should spend more of its time developing new menus or training staff, while outsourcing IT and cloud-based technologies for improved accounting or scheduling services.

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