The concept of digital transformation has become a key focus of the rapidly changing world of today. If you’re not a part of this wave of innovation, you might not know exactly what it entails.
We have come a long way in the past two decades. The internet explosion has transformed jobs, business processes and transactions, and the revolution continues.
E-procurement is the purchase and sale of products and services through online channels. In Pakistan, the proliferation of e-commerce sites has made internet based sales and purchases at a business to consumer (B2C) level common.
Companies across different industries share more similarities than they realize. By looking at practices deployed in different industries, companies can glean new ideas that help them innovate and improve.
By reframing the problem statement, companies can come up with simpler solutions and save large amounts of time and money.
Good software will not only help you execute a task, but can also tell you how to do it better. Companies should embrace the best practices that their technologies can teach them.
Non-strategic procurement costs are often overlooked. Companies can increase their profit margin 2 percentage points by correctly managing these costs.