Healthcare supply chain teams nationwide faced an unprecedented crisis during the COVID-19 pandemic. Teams raced to secure personal protective equipment (PPE). Surges in demand for equipment and transportation disruptions strained our fragile procurement infrastructure. And national lockdowns further delayed…
A group purchasing organization (GPO) model is built on economies of scale, grouping purchasers with similar needs to buy in bulk and reduce costs for member organizations. This works well when it comes to cost-of-doing-business items that…
There is a hidden resource hiding within every organization. And it’s one that can help any leader—CEO, CPO, CFO, COO—overcome the primary challenge of today: keep profit margins healthy amidst rising inflation and global uncertainty. For most…
With growing economic uncertainty driving renewed caution among US consumers, Retailers are facing make-or-break decisions. How they respond to revenue pressures and the financial headwinds disrupting their long- short- and near-term plans will determine whether they are positioned for…
This article was originally published by Healthcare Business Today.
America’s hospitals are projected to lose billions in 2022, as expenses are expected to increase by an eye-watering $135 billion from 2021, with…
Today’s disruptive and fast-paced business environment is putting unprecedented pressure on Procurement teams, meaning modern Procurement professionals need enabling technology that can meet the dynamic needs of their organization. Responding to that increasing need, OneMarket has made significant user…
This article was originally published by Retail TouchPoints.
These days it takes about everything businesses have just to get goods on shelves. Product inventories have fallen to historic lows. Goods are held up by shipping container shortages, congested ports…
This article was originally published by EPSNews.
As artificial intelligence (AI) capabilities mature, an increasing number of businesses are investing in AI initiatives and leveraging automation in their daily business operations. This once leading-edge technology is becoming more ubiquitous…
This article was originally published by betanews.com.
50 percent of respondents to a recent McKinsey survey reported that their companies adopted artificial intelligence (AI) in at least one business function in 2020. As interest and investment in AI and machine…
Uncovering potential savings in GNFR (goods not for resale) expense has become increasingly important, as many US retail and CPG companies have encountered constrained profit margins as a result of the Covid-19 pandemic. Titled “Using Data Analytics to…