Procurement is evolving in today’s marketplace. While procurement remains recognized for its core functions of reducing and avoiding purchasing costs, it has taken on a more value-oriented approach to help businesses drive growth.
A rapidly changing workforce, integrated with the advent of the digital era, is shifting the way procurement operates. Younger generations entering the private sector workforce are proposing improvements to current processes that questions the status quo. For the first time in modern age, five generations are present at work –Traditionalists, Baby Boomers, Generation X, Millennials, and Gen Z.
Editor's Note: This post was originally published by American Express and has been re-purposed with permissions. To view the full article visit the link on American Express' website: here
Saving costs on your facilities energy usage can allow you to reallocate funds to other facilities needs. OMNIA Partners understands the importance of keeping your facilities in top condition, so we've partnered with Grainger to provide some tips to help you reduce costs. Heating, ventilation and air conditioning (HVAC) systems combine all climate control technologies into one package. All sizes of facilities can benefit from an integrated HVAC system that reduces overall climate control costs while improving working conditions.
Group purchasing helps private organizations of all sizes spend strategically while delivering efficiencies. All procurement leaders strive to stay on top of procurement best practices and gain the most out of their resources.
These five tips will help you gain the most out of your group purchasing partnership.
Uniforms and workwear are imperative to a broad range and scope of businesses, likely it already exists in your spend management strategy (if not, it should). After all, the right workwear, for the right employee can impact employee retention, up-time and overall productivity. Until now OMNIA Partners has only offered rental opportunities to fulfill your spend needs.That's why we have partnered with ServiceWear Apparel to add flexibility to our portfolio by including opportunities to save on your uniform and workwear programs through ownership - thus ensuring that every fit is tailored to your exact needs.
OMNIA Partners Connections 2019 was an even bigger success than we could have fathomed. The connections made across our entire community were impactful, strategic, and our attendees (and the OMNIA Partners team) left with valuable insights.
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 OMNIA Partners' supplier, Grainger to make sure you are ready when disaster strikes.
Diversifying your spend and supplier portfolio can be financially sound strategy. It can be an impactful and strategic value-driver but it is often hard to speak to exactly why or what benefits an enterprise can take advantage of by purchasing in this way. We leaned on the experts at procurious to help us elaborate on this specific topic through a recent article they published.