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Contract Management – 8 Critical Points For Success
Contract Management - A Definition Contract management is the process of overseeing and administering the various stages of a contract, from creation to execution and beyond. It involves ensuring that all parties involved fulfil their obligations and that the...
Disaster Recovery Plan – 13 Critical Steps You Cannot Avoid
Disaster Recovery Plan - A Definition A disaster recovery plan is a documented and strategic approach that organisations follow to restore normal operations after a natural or man-made disaster. I can also be described as a business continuity plan and it...
Maverick Spend – Discover 7 Top Tips & Reap The Benefits
Maverick spending, also known as rogue spending or maverick buying, is a term used to describe purchases made within an organisation that do not comply with established procurement policies and processes. While it is not always the case these transactions are usually...
Latest Technology Trends – 5 You Must Utilise – Don’t Miss Out!
Latest Technology Trends - The Importance of Technology Within Organisations The latest technology trends just means it plays an even more vital role within organisations, particularly in the context of procurement. It has become increasingly important, significantly...
Sustainable Procurement – An Insight & Why it matters
Sustainable Procurement - Introduction Sustainable procurement is a strategic approach organisations take in relation to buying goods and services, which look at the environmental, social, and economic impact the requirements has through its entire life cycle....
Outsourcing Advantages and Disadvantages
Outsourcing advantages and disadvantages should be extensively researched and assessed by an organisation prior to making any firm decisions. We will explore some of the main advantages and disadvantages later, but first, let's look into the practice itself in more...
Negotiating In Business – Critical Steps, Skills & Techniques
Negotiating in Business - What is It? Negotiating in business plays a vital role in achieving successful outcomes and fostering positive relationships. It involves a strategic discussion between parties with differing interests, aiming to resolve an issue in a...
Technology in Business – What Are The Benefits?
Technology in Business - What is It? Technology in business refers to the tools, systems, and processes that a business uses to streamline its operations and achieve key objectives. In today's rapidly evolving business landscape, the role of technology is...
Cyber Security
Importance of Cyber Security In today's digital age, cyber security is an essential element for any organisation's operations. The consequences of a cyber-attack can be devastating, with the loss of sensitive data, operational disruption, and reputational damage all...
Green Technology For Business
Green Technology & The Move To Green Businesses Green technology has been gaining increasing attention in recent years as the world is becoming more aware of the impact of industrial activities on the environment. According to the projections, the global green...