OMNIA Partners Blog

5 Reasons Supplier and Spend Diversity Matter... And Has a Beneficial Impact

July 16, 2019 / by OMNIA Partners posted in Group Purchasing Organization, Procurement, Leadership, Supplier Relationship

0 Comments

May 21st is International Diversity Day, as such we wanted to reflect on the importance of supplier and spend diversity, and how diversifying your supplier portfolio is both ethically and financially a sound strategy. It is no secret this is 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. 

Read More

How to Balance the Demands of Stakeholders With Reality

June 6, 2019 / by Dan Grant posted in Group Purchasing Organization, Procurement, Leadership

0 Comments

How do you balance the demands and expectations of stakeholders in business? And how do you strike this balance while simultaneously growing and strengthening your brand? This is one of the biggest challenges companies face today.

Read More

Decentralized Vs. Centralized Purchasing Structures

May 22, 2019 / by Ara Arslanian posted in Group Purchasing Organization, Procurement

0 Comments

"The grass is always greener on the other side." It turns out this common proverb even rings true in the debate over whether purchasing operations benefit from centralized versus decentralized management.

If your company isn’t set up to accommodate a centralized purchasing structure, you probably long for the leveraged pricing that your current decentralized approach may never achieve.

If your company has a centralized structure, you probably lament the compliance challenges you face. After all, you may have built relationships with local vendors and prefer to continue those over using a vendor that 'corporate' suggests.

In reality, both vantage points are correct: Both decentralized and centralized purchasing structures offer benefits and disadvantages. Here's why.

Read More

Infographic: Why Supplier Consolidation is Critical and Easy!

May 9, 2019 / by OMNIA Partners posted in Group Purchasing Organization, Infographic, Procurement, Supplier Relationship

0 Comments

Maintaining relationships with multiple vendors can be tricky, especially when you have different vendors servicing different locations. There are several key benefits to consolidating your suppliers that will make purchasing less complex. 

Read More

OMNIA Partners Celebrates International Women's Day

March 8, 2019 / by OMNIA Partners posted in Group Purchasing Organization, Procurement, Leadership

0 Comments

OMNIA Partners, Private Sector celebrates International Women's Day 2019, annually recognized on March 8th! We asked a few of our esteemed female colleagues and supplier partners what it means to be a working woman in 2019. They shared empowering advice, thoughts, and motivations. Share YOUR advice with OMNIA Partners throughout the month of March with the hashtags: #BalanceforBetter and #OMNIAPartnersPrivate 

Read More

Infographic: Women in the Workplace

February 18, 2019 / by OMNIA Partners posted in Group Purchasing Organization, Infographic, Procurement

0 Comments

Women are not only gaining ground in 'nontraditional' roles but are more educated and poised to extend their footprint across the entire US Labor force. Understand the implications of the narrowing gender gap with these key statistics from the United State Department of Labor.

Read More

Infographic: Six Questions for Stakeholder Alignment

February 15, 2019 / by OMNIA Partners posted in Group Purchasing Organization, Infographic, Procurement, Leadership

0 Comments

Developing alignment with your internal stakeholders can be difficult, take a lot of coordination and be complex. Stakeholders tend to think procurement is not focused on finding the right solution with a partner they can trust, but rather focused only on expense management.

These 6 questions will help procurement take the lead in starting the conversation. 

Read More

4 Key Challenges Facing Procurement in 2019

January 28, 2019 / by Ara Arslanian posted in Group Purchasing Organization, Pros to Know, Procurement

0 Comments

Ara Arslanian was named a 2019 Pro to Know by Supply and Demand Chain Executive for the second year in a row.

Out with the old, in with the new year and challenges. How can procurement leaders solve for better spending in 2019? Read on!

Procurement is being tasked with achieving a greater ROI despite a smaller headcount. This challenge is further compounded by the fact that many companies are not entirely clear on how to attack their spend cube to achieve greater spend under management or compliance goals, particularly in decentralized environments.

Read More

The Biggest Challenges Facing Procurement Teams This Year

January 6, 2019 / by Dustin Cochran posted in Human Resources, Group Purchasing Organization, Pros to Know, Procurement

0 Comments

Dustin Cochran was named a 2019 Pro to Know by Supply and Demand Chain Executive for the second time. 

Read More

Subscribe to Our Blog

Recent Posts

Posts by Tag

see all