What is Cost Efficiency? Cost efficiency means delivering products or services using the least amount of resources while still meeting quality expectations. In business, it helps maximize profitability by reducing waste and optimizing processes. This is done to...
This is the second of two articles. In the first we looked at what supply chain managers can manage and influence, and what they can’t, and what action they should take. In the second half of our recent webinar Iain Prince, Operational Transformation & Supply...
I was recently delighted to be joined in webinar discussion by Iain Prince, Operational Transformation & Supply Chain Partner at KPMG. The topic under discussion was current challenges in direct procurement. And [spoiler alert] our focus was not cost control in...
Ninety-three percent of IT teams report that modernizing and digitalizing their supply chain and procurement tech stacks is a priority As C-suites turn to supply chain management and procurement teams to help navigate today’s highly disruptive and volatile business...
At the end of March of this year, the German government approved the Growth Opportunities Act, which introduced several new tax measures, including new regulations for electronic invoicing in Germany. Accounts Payable teams in enterprises which operate in Germany...
