Improve cost management

Improve cost management in a high-inflation environment

While economists are at loggerheads as to whether inflation is transitory or long-lasting, one thing is certain: It’s happening, and just about everyone is feeling it up and down the supply chain. Chief among those experiencing the manifestations of inflation are manufacturers. Due to rising freight costs, manufacturers’ margins are...

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Build cybersecurity into your digital transformation project

Build cybersecurity into your digital transformation project

How to build cybersecurity into your digital transformation project The lockdown-driven surge in working from home has created cybersecurity blind spots. Should you reassess your digital transformation plan? Digital transformation projects took on a whole new world of urgency in March 2020. Lockdowns drove businesses to establish work from home...

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Britain: Fuel Crisis “Under Control” Amid Shortage

After Chaotic Week, Britain Says Fuel Crisis “Under Control” Amid Shortage Britain Fuel Crisis: In a chaotic week where fights broke out at gas stations and people filled up old water bottles with gasoline. London:  Britain said on Thursday that a gas station crisis caused by an acute shortage of...

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Building resilience through procurement analytics

Building resilience through procurement analytics New tools can help companies crisis-proof their supply chains. To implement the technology at scale, companies can focus on 4 key priorities. Read all about it in this recent document from McKinsey & Company.   Recommended reading: China Flooding And The Supply Chain: What You...

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Top Procure-to-Pay Risks During Project Implementation

As companies navigate a procure-to-pay (P2P) digitization project, inevitably there will be unknowns and obstacles throughout the process. From establishing clear ownership and identifying processes to automate, to monitoring change and reaping the ROI rewards, the benefits far outweigh the initial uncertainties. But to enjoy the benefits, you cannot overlook...

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China Flooding And The Supply Chain

China Flooding And The Supply Chain: What You Need To Know

Supply chain problems in Eastern Asia (and beyond) are hardly new, but they have taken yet another twist in recent weeks. After production and shipping shutdowns, slowdowns and backlogs, industrial activity in China was just getting back toward pre-pandemic levels, and has once again faced difficulties — this time from major...

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Covid-19: the perfect storm for employee fraud

Covid-19: the perfect storm for employee fraud

Covid-19: the perfect storm for employee fraud Organisations spend thousands of pounds every year protecting themselves from external fraudsters, but could the pandemic increase the threat from within? Businesses have long contended with employee fraud, from false expense claims to data theft. But for some experts, Covid-19 could deepen the danger. The...

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