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Business Strategy Alignment: Page 489

Is the Procurement Team Meeting the Needs of Its Internal Customers?

An important first step in building a strategic supply management organization is developing solid business-unit relationships. But how many are taking the next steps and asking internal stakeholders pointed, detailed questions about how well the supply management team is meeting their needs?

Winning the $30Tr Decathlon: Going for Gold in Emerging Markets

By 2025, annual consumption in emerging markets will reach $30tr - the biggest growth opportunity in the history of capitalism. To compete for the prize, companies must be disciplined.

The Value of Values in Your Organization

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Mergers & Acquisitions in Logistics

Ben Gordon Icon

The Content Marketing Revolution

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Lenovo Shows How Companies from Emerging Markets Can Overcome Difficulties to Become Global Brands

On July 25th Lenovo, a Chinese computer firm, announced a deal to sponsor the National Football League. The PC maker has come a long way since 1984, when it was founded by 11 engineers at the Chinese Academy of Sciences who wanted to supplement their meager stipends.

Automating Procurement Process in Small and Mid-Sized Businesses Can Bring Huge Savings

The savings that can be retrieved by automating and rationalizing approval and purchasing processes in small and mid-sized companies are palpable. A 2009 Aberdeen Group study estimated that "improving the percentage of all non-payroll, tax, tariff and fee-related spend" - that is, indirect, nonstrategic expenses - brought under the management of a dedicated group can help enterprises "achieve a 5% to 20% cost savings for each dollar brought under spend management".

Dilemma for CIOs: To Adopt Promising Software or Take a Pass on It

A few years ago, when Bill Weeks was CIO at a leasing company, a vendor pitched some software intended to manage leasing throughout Europe. Weeks was skeptical. "We noticed that half the stuff they were showing us was PowerPoint slides and not actual functionality. We decided it wasn't strong enough to run a business on." He and his team decided to pass.

Keys to Mitigating Supply Chain Risk

There are many, many things that can go wrong in today's extended supply chains, a reality that can make managing supply chain risk seem overwhelming, says Richard Sharpe, CEO of Competitive Insights.

Online Marketplaces Gather Together Thousands of SaaS/Cloud Providers and Their Solutions

Now that software as a service and the broader cloud computing concept have gained widespread recognition and acceptance, it will be interesting to see whether online marketplaces will become a preferred method for acquiring these on-demand resources.

Rising Van Sales Suggest that U.S. Businesses Feeling More Confident About Growth

How can we tell how small businesses are feeling? Find out how many vans they're buying. Van sales were up 32 percent in July over last year, a greater increase than nearly every other vehicle type, except for sports cars, according to data from Bloomberg Industries.

Most Companies Could Use Procurement Transformation

An effective procurement process begins with having all spend under control, including money spent on logistics and transportation, says Nick Seiersen, president and CEO of Seiersen Enterprise. Overall, such a process should ensure that the right suppliers provide the right products or services on the right terms, he says.

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