Omnia-Partners-Main-Logo-339x114.png

Power. Access. Trust.

Become a Member
OMNIA Partners Blog

Do You Know Where Your Sourcing Resources Are Spending Their Time?

December 10, 2018 / by Ara Arslanian posted in Group Purchasing Organization, Procurement

0 Comments

“Procurement leaders should learn where their sourcing employees spend the most time and whether it is worth the investment.”

The quote is from a 2017 study by The Hackett Group, which goes on to explain that, as procurement's role becomes increasingly strategic, sourcing teams already stretched thin face new demands and procurement challenges. According to that same report, “Are Strategic Sourcing Resources Providing the Best Return?”, the overall strategy of procurement needs to change, particularly around work selection and prioritization.

Read More

How to Consistently Create High-Performing Supplier Contracts

December 3, 2018 / by Guest Contributor posted in Procurement, Leadership, Supplier Relationship

0 Comments

Most companies say that measuring supplier performance is critical or at least highly important to success. Enterprises simply aren't sustainable without competent, dependable suppliers.

Supplier performance stems from successful relationships. And those relationships develop through effective communication, in addition to well-defined supplier contract agreements.

Read More

Sharpen Your Policy, Reduce Your Relocation Costs

November 27, 2018 / by Jennifer Connell, CRP, SGMS posted in Human Resources, Workforce Mobility, Weichert Workforce Mobility

0 Comments

When you consider the factors that influence your company’s workforce mobility spend, there are the “usual suspects” that come to mind.

Read More

The Top Seven Myths about Buying Groups

November 26, 2018 / by Dan Grant posted in Supply Chain Management, Procurement, Group Purchasing Organization

0 Comments

Myths pervade our existence. Some people think you need to drink eight glasses of water every day. But in reality, you should just drink when you’re thirsty. Others think that if you shave your hair, it will grow back thicker and darker. Nope, that’s not actually something that happens.

The point is, when you fall victim to a myth, you might find yourself making some questionable decisions.

Read More

What Is a Group Purchasing Organization and How Does One Work?

November 19, 2018 / by Ara Arslanian posted in Group Purchasing Organization, Procurement

0 Comments

Group purchasing organizations (GPOs) primarily exist for one simple, yet compelling reason: to help businesses interested in buying similar products gain leverage through combined purchasing power.

A study by The Hackett Group defines a GPO as “an entity that is created to leverage the purchasing power of a group of businesses in order to obtain discounts from suppliers based on the collective buying power of its members.”

Read More

Procurement Strategies You Can Apply to Travel

October 29, 2018 / by Direct Travel posted in Travel, Travel Management, Direct Travel

0 Comments

Originally posted by Direct Travel on the DT Navigator blog.

Every year, GBTA Convention is a great place to learn, network and find new ways to gain more clarity in your travel management program. Now that the largest annual gathering of business travel professionals in the world has come to a close, we want to share with you our notes from an insightful education session by our partner – OMNIA Partners.

Read More

How prepared is your facility for hurricane season and the aftermath?

October 25, 2018 / by OMNIA Partners posted in Facilities, Industrial Supplies and MRO, Grainger

0 Comments

Hurricane season is in full effect now until the end of November. Hurricanes are a serious threat to people and property as we have seen the recent damage Hurricane Michael has caused in the United States. It is vital to prepare for the weather, but more importantly is your facility ready to respond and recover? Here are some tips from Grainger to make sure you are ready when disaster strikes.

Read More

Engage Your Talent… or Someone Else Will

October 24, 2018 / by Morgan Wiedmann posted in Human Resources, Workforce Mobility, Weichert Workforce Mobility

0 Comments

You don’t know what you have until it's gone. However, if you're one of the lucky few, or should I say, the perceptive few, you'll realize the value of the talent that keeps your company rolling.

Read More

An Alarming Trend in Healthcare Costs

October 23, 2018 / by Don Marette | CMO | Noveta Health posted in Human Resources, Healthcare, Noveta Health, Pharmacy Benefits Management (PBM)

0 Comments

Employers and insurers are expecting on average a 6% increase in healthcare costs in 2019, according to a Medical Cost Trend report released in June from PwC’s HRI.

Read More

Subscribe to Our Blog

Recent Posts

Posts by Tag

see all