Are you a procurement leader? Struggling to mitigate the high costs and complexity of processes caused by supply chain disruptions? If the answer is YES, please read on…! Such risks as extreme weather, economic uncertainties, global pandemic, etc., have proven to be absolute threats to procurement and your supply chain. But the good news is,…
Time-Consuming — When a QAD purchase requisition is created, it most likely needs to go through a ‘manual’ approval process and chances are that it will be delayed as there is no proper ‘structure’ put in place for faster approvals. Lack Of Policy Compliance — Even though organizations do have a purchasing policy, it may not be…
Technology has the capacity to transform an organization, allowing it to become more innovative, agile, proactive, and responsive. The pandemic has accelerated the need for companies to step up the pace of their digital transformations, embracing technology in new and strategic ways. Key areas where technology can make measurable advances are in Purchasing Management including Data-Driven Approval Routing and…
How to Automate Approval Routing and Workflow technology for QAD Business Process Requests Web Presentation: SIG and ISS Group, along with SI Bone will present a demonstration and Case Study on ISS Group’s ‘Data-Driven’ Approval Routing and Workflow Technology for QAD. Hear how Craig Jones, Director of Manufacturing and Supply Chain at SI-Bone, is using this…
Your business needs supplies, and when it comes to getting the said supplies, you must acquire the right quality, at the right time, and, most essentially, at the right price. However, when working on multiple projects or with multiple suppliers, ensuring you get your supplies at the right negotiated price can be challenging. The Difficulty…
Automation 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,…
It’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…
Procurement 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…
Beating 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…
As 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…
