How to design processes in companies to make sure that these risks will be mitigated not only on the organizations’ level, but in relation to subcontractors/vendors as well? The short answer is:…
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The computational power of quantum computers is just round the next corner. Much of the information on this subject is part of the PR game, but is the technology mature enough to help humanity to…
It is crucial nowadays for companies to do everything they can to maintain business continuity. This includes new work organization, with a massive turn towards telework/remote work and/or home…
These will naturally be different for different industries, and in their specifics also for different companies within one industry, but there is a common denominator they all share. Faced with an…
Building competitiveness by optimizing processes, increasing efficiency, and making decisions based on data obviously makes sense, and is a global trend. But let’s not forget about the good old…
Pricing issues are usually diverse, tricky, and spread through organizations both horizontally and vertically. Pricing management is a process involving many subsidiaries and each process participant…
New digital solutions are currently pouring into what used to be a rather conservative area: regulated industries, as they are in constant need of real-time reviewing of their progress to meet market…
The RSA key is currently one of the most popular asymmetric cryptographic algorithms with a public key used to securely exchange information on the Internet. Can one break the RSA key using a quantum…
Vendor selection can be managed, introduced step by step and run for as long as you wish to avoid the risk of making bad subcontractor choices. Establishing the vendor management program in your…
Article
There are plenty (other) fish in the sea. Why vendor selection is more important now than ever?
Vendor rarely takes the bullet and it’s usually the buyer who has to bite it. Of course, you can go to the court and draw the consequences afterwards, but will your customers care? It’s the buyer…
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