One of the more common tasks within Procurement is that of outsourcing. “Outsourcing is when the procuring company obtains goods or services from outside the company by a supplier. Conversely, if the item is insourced it’s done within the procuring organization.” Initially, outsourcing will usually invoice some up-front work deciding where work is undertaken. This […]
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5 steps to improve business reporting
Businesses communicate all the time, it’s essential Without it key decision-makers wouldn’t know things like issues, risks, budget performance, opportunities etc. your team’s stakeholders want regular communication and chances are you’ll be doing some form of updates/reporting most days. It’s a part of everyday business life but it’s remarkable sometimes how we take it for […]
10 agenda items for your supplier performance review
One of the common reviews within a supply chain environment is the supplier review. A well run supplier review can benefit both parties. While suppliers are generally trusted to get on with the work of supplying parts a business review allows for both parties to get together to review things like performance, issues, and risks. […]
5 steps to better presentations
These days delivering a presentation is a key business skill, with the ubiquitousness of applications like PowerPoint, it’s meant that everyone has the tools around them to create a presentation but tools aside whether everybody can deliver an excellent presentation is another matter. What is a presentation? A presentation is perhaps easiest to think of […]
Developing Marketing department goals and objectives
Almost every company would love a repeatable standard process that brings customers and value. This is usually the aim of the marketing team but how do you achieve this? Through setting measurable objectives, communicating them and monitoring performance. That’s how! When it comes to setting objectives the marketing Department is not exempt. Yes, I know […]
Methods of measuring employee engagement
In our recent article on human resources key performance indicators we discussed the value of employee engagement as a metric. Employee engagement can be one of those tricky measures that can be calculated in a variety of different ways. A great many consultancies have popped up with a sole intention of assisting companies with this […]
10 Key Performance Indicators for Human Resources
While KPI’s are often abundant with transactional functions like procurement and manufacturing, applying measures to other areas of the business can sometimes be a struggle. Human Resources can be one of those troublesome areas but the benefits of utilizing KPI’s can usually outweigh the implementation struggles. KPI’s are a vital tool in the weapon of […]
What does good look like? 5 steps to better benchmarking
So I was at a supplier today, this was a business that had been family-run for 40 years. Whilst the company performed adequately enough one of the things that struck me was the level of process improvement that could be achieved. I asked my self why the current owner had not done it? And it […]
5 crucial questions you should be asking at your supplier PMR
We all know that supplier performance management reviews (PMR’s) are a good thing. Not only do they provide the building blocks for a healthy relationship, through communication, they are a vital aspect of continuous improvement between two companies. PMR’s are usually where the supplier and customer get together to review their business relationship, usually at […]
Creating a simple but funky to do list in Excel using data validation and Conditional Formatting
First of all, whilst I know there are a variety of apps out there can manage your to do lists (trello, todoist are some I continue to use) what I wanted here was a simple To Do list with some funky formatting that would allow me to standardise my list at work + share with […]