• Restructuring Your Debt

Restructuring Your DebtBy Morris BocianToday, many business owners are caught in a cash crunch. Although many entrepreneurs are in denial regarding their situation, many other entrepreneurs do not understand the process necessary to identify and address the difficult issues needed to survive. If yo...

• Building a Business Case for Strategic Supplier Relationship Management

Building a business case for investing in strategic Supplier Relationship Management (SRM) can be challenging. It is a matter of measuring value through quantification of financial and relationship results.- By Sherry Bloom

• The Evolving Corporate and Aboriginal Relations: Path to Prosperity for All

The Evolving Corporate and Aboriginal Relations: Path to Prosperity for AllCorporate-Aboriginal relations are improving, but there are still many fences to mend due to decades of exclusion. Continued progress depends on developing a greater understanding of the Aboriginals’ new position in modern da...

• Reputation Risk Management Maintains Integrity as a Value Proposition

Reputation risk management acknowledges that integrity has value. Risks must be monitored and addressed across the whole of the business.

• Supply Chains and Environmental Sustainability in Emerging Economies

Global companies are increasing their presence in emerging economies, assuming new supply chain risks and environmental sustainability challenges.

• Aligning Minority Supplier Development with Procurement Trends and Issues

Aligning Minority Supplier Development with Procurement Trends and IssuesImprove the Effectiveness of your Programming by Linking it with Current Challenges

• Leverage the App into a Customer Relationship

Leverage the App into a Customer RelationshipMobility is changing the way businesses connect with customers. Now apps are proving to be the ideal tool for unleashing mobility’s full power as a value creator.

• Bringing Entrepreneurial Veterans into the Supply Chain

Veterans must find a way to transition into civilian life as productive citizens. Many call upon their entrepreneurial spirit and start businesses with the goal of entering government and corporate supply chains..

• The Value of Strategic Supplier Relationship Management: Building the Business Case

Formal supplier relationship management (SRM) systems are becoming more popular in the market place. With the advent of web-based technologies and cloud computing, the stand alone system is no longer the only option. Businesses can now build end to end SRM systems for evaluating and managing their...

• Making the Transformation Journey to a Culture of Change Mindset

Making the Transformation Journey to a Culture of Change MindsetTransforming the organizational culture that makes the customer the center of everything the company does and produces only happens when champions of change are developed from top to bottom. There are tools to guide the disruption towar...

• Outsourcing Risks Overcoming Barriers to Achieve Great Results

Start by finding partners to build long-term relationships

• The Entrepreneur’s Guide to Prosperity™ Building A Relationship With Your Financing Source

Building a banking relationship is a large part of financing your small business. By building this relationship, you are laying the foundation for the financial future of your business. - By Morris Bocian

• How Industry Trends Are Driving Energy Companies’ Supplier Needs

Despite the current troubled economic times, it makes sense to do business with the energy industry.

• Both Sides Now … Financial Services Industry Opportunities for MWBE Customers and Suppliers

The financial services industry is going through a major shake-up initiated by the recession. Its focus is on rebuilding customer brand loyalty and strengthening sustainability, and that equates to MWBE opportunities. - By James Hsu

• MWBE Suppliers Guide to Doing Business in China

MWBE Suppliers Guide to Doing Business in China- by Sherry BloomOver the last decade, China has evolved from a non-technological, third world Communist country to a global economic powerhouse, a force to be reckoned with. If India is the “back office” of the world, then China is undoubtedly the work...

• Women Suppliers Bring Essential Qualities to Corporate Clients

The business environment has transformed into one where networking and collaboration skills are essential, and environmental sustainability and social consciousness must be core corporate values. Women suppliers can bring the right values and focus to strengthen the corporate client's supply ch...

• Taking Advantage of Supply Chain Segmentation in The Technology Industry

Companies, especially those with global supply chains, are moving toward supply chain segmentation for more effective management and higher profitability. Suppliers who understand this trend are in a better position to take advantage of the segmentation for business growth. - By James Hsu

• The Process of Developing a Truly Social Business

The Process of Developing a Truly Social Business Corporate social media accounts can strengthen brand and reputation. Now some companies are realizing it is the personal social media accounts of employees that have even more branding power than corporate accounts.

• For a More Just Supply Chain: Ending Human Trafficking and Forced Labor

For a More Just Supply Chain: Ending Human Trafficking and Forced LaborEnding human trafficking in supply chains is possible through business model changes and collaboration with governments. Holding suppliers accountable by changing price expectations and increasing transparency are just two strate...

• Guanxi: The Business of Relationships in China

Guanxi: The Business of Relationships in China - by James HsuUnderstanding the nuances of Guanxi in Chinese business culture can make all the difference whether or not you are successful. It applies not just to business but all aspects of life.

• Integrating SRM and Strategic Sourcing to Improve Global Procurement

SRM is a natural element of strategic sourcing because the objective of both is to develop suppliers who bring high value to the organization. - By Debra Jenkins

• Negotiating a Supplier Contract Through the SRM Lens

Contract negotiations with a supplier is the point at which a business should begin building a positive relationship for the long term. The negotiation process is about much more than price. It is about developing a collaborative association to create value for the supplier and buyer. - By Lena Hara...

• Capitalizing on Synergies between Supplier Diversity and SRM

By definition, strategic suppliers are key to an organization’s ability to succeed. In a multicultural, global business environment, organizations should emphasize the ‘R’ in SRM and nurture strategic relationships with diverse suppliers. - By Sharon Ross

• More to Procurement than Procuring: Creating Supplier Social Groups

The use of social media as a business technology for innovation and problem solving is growing. It is natural they are turning to supplier social media groups to take advantage of the synergy of supplier relationships. - By Joshua Ferdinand

• Social Media and Supplier Diversity Make Innovative Partnerships

Social media is transforming supplier diversity by deepening corporate-supplier partnerships through increased connectedness. It is also increasing opportunities on both sides of the equation. - By Valerie Gomez

• Strategies for Closing the Gap Between Sourcing and Procurement

If the right hand of sourcing and the left hand of procurement don’t know what each is doing, a costly gap with lost opportunities develops. The key to closing the gap is Supplier Relationship Management. - By Sherry Bloom

• Nigeria: Does Newfound Stability Spell Newfound Opportunity?

Nigeria: Does Newfound Stability Spell Newfound Opportunity?Investors Have to Weigh the Risks Carefully

• Minority Supplier Opportunities in the Cloud

The cloud is much more than a workspace for minority suppliers - it can also be an opportunity space. Cloud computing is a major IT systems trend that top corporations are very interested in exploring. As more nimble adaptors than many would-be competitors, minority firms have the ability to look ...

• The Process of Developing a Truly Social Business

The Process of Developing a Truly Social Business Corporate social media accounts can strengthen brand and reputation. Now some companies are realizing it is the personal social media accounts of employees that have even more branding power than corporate accounts.

• Creating Long-Term Supplier Relationships of Value Through Negotiations

Creating Long-Term Supplier Relationships of Value Through NegotiationsNegotiating with a critical supplier can be turned into an opportunity to create value through a long-term collaborative strategic supplier relationship. The key is to get the partnership going on solid ground from day one of the...

• Forming New Relationships Between Procurement and Internal Customers

Forming New Relationships Between Procurement and Internal CustomersIn the past, most procurement functions focused on developing good supplier relationships. Today, the modern procurement function also develops good relationships with internal customers, to become an agile collaborative partner in ...

• Finding The Foothold With Financial Companies

A Challenging Economic Landscape Hasn’t Reduced the Need for Diverse Suppliers

• Working Relationships: Making or Breaking Employee Engagement

Working Relationships: Making or Breaking Employee EngagementMore than one-third of a typical American’s life is spent at work. An employee’s level of commitment and satisfaction with his or her company and his or her job is largely tied to the relationships formed with co-workers and managers.

• Balancing Strategic Sourcing With Supplier Diversity

Procurement professionals are faced with the challenge of securing business savings using a variety of strategies. These strategies include: establishing quality competitive bidding standards, analyzing product specifications, global sourcing and working with business departments to blend procuremen...

• Maintaining Best-in-Class Internal Supply Chain Management

Maintaining Best-in-Class Internal Supply Chain ManagementSupply chain management can no longer put strategies in place and call it a done deal. It is important to improve the operation by taking periodic stock of what is working and what is not working for the good of internal stakeholders and the ...