Companies have picked up the speed of the digitization process by three to four years, with the share of digital or digitally enabled products in their portfolios being accelerated by seven years….
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With COVID-19 looming, mindful shopping has become a thing. Consumers are more aware of the way they spend their money; they are more open to switching from products they usually buy to cheaper ones….
Business-wise, one of the biggest challenges in times of any crisis is to pay attention to crucial aspects of your company, strengthen the compliance division, and ensure it is ready to function in a…
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:…
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…
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…
