Our community is truly a global one and we are grappling with the unprecedented challenge of COVID-19. We wanted to let you know that you are in our thoughts and we hope that you all remain healthy and safe as we journey through this trying period together. In this time of great unknowns we want…
DetailsAutomation is appealing in any industry. In fact, a recent OECD study(1) showed that at least 14 percent of all jobs are currently capable of being automated, with plenty more on the way. One of the nearly universal places to start implanting automation is with procurement management. When considering the inevitable time lost to filing,…
DetailsIn today’s hyper-competitive business space, finding ways to cut down on waste while improving throughput is a critical component of remaining competitive. As companies continue to adopt lean principles and agile project management methodologies, the battle against revenue leakage has become a focal point of many companies’ goals in 2020. In this war against waste,…
DetailsThe Supply Channel is an organizations ‘life-blood’, and therefore the nature of Supplier Relationship is a huge determinant of the business’ chances to succeed. The output of the organization is, largely, dependent on the input, which is availed by the supplier. A business establishment ought to, therefore, put a great deal of effort in maintaining…
DetailsSean Brown, IT Manager at Somero Enterprises presents Data-Driven Approval Routing and Workflow Download the session Presentation….click here Learn how Somero Enterprises uses the iApprove® Data-Driven Approval Routing and Workflow solution, which is seamlessly integrated with QAD EA, to manage transactions such as Sales Quotes, Machine Deviations and HR forms. New for 2020…. ISS Group…
DetailsIt’s that time of year again….! Data-Driven Approval Routing and Workflow for QAD Users Mark your calendars for MWUG’s Spring 2019 Conference, scheduled for September 22-24, 2019, at the beautiful new Renaissance Westerville in Columbus, OH. Case Study session: Presented by Sean Brown, IT Manger at Somero Enterprises, on Tuesday, September 24th, 8:30 AM. Download…
DetailsExpediting Costs: Expediting(1) is a process of procurement undertaken by businesses when they need to ensure the timely and quality delivery of material. The process involves a business contacting its supplier either for inquiries on the schedule of delivery or for a review of a delivery schedule due to a particular issue. When it comes…
DetailsProcurement Budget: Budgeting, while many times painful, is among the most important aspects of an organization(1). In the past, the procurement department was not included in the budget-making process. It was not represented in organization-wide budget meetings. The role of procurement in budgeting was relegated to direct acquisition. However, currently, things are changing, and procurement…
DetailsBeating Fraudsters at Their Game: Insights on How Procurement Solutions Help to Curb Fraud (Published May 30th, 2019: MWUG Spring Newsletter) Fraud cases are on the rise. Today, many businesses fall prey to fraudsters, thanks to technological loopholes. Fraud has adverse effects on an enterprise regardless of the size. Among the main outcomes of fraud…
DetailsAs the operator or purchasing manager of a business, it is your responsibility to forge solid vendor relationships. Whether you have worked with a supplier for decades or are in the initial stages of building a relationship, there is always room for improvement in the vendor relations arena. Below are five strategies to help you…
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