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

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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. 

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How to Balance the Demands of Stakeholders With Reality

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

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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.

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Decentralized Vs. Centralized Purchasing Structures

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

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"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.

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Infographic: Why Supplier Consolidation is Critical and Easy!

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

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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. 

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Strategic Networking for Procurement: Immediate Returns & Performance

April 23, 2019 / by OMNIA Partners posted in Supply Chain Management, Procurement, Leadership

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Network with your purchasing peers to uncover immediate, strategic returns and increased performance. Procurement teams are learning, networking, and growing at Connections 2019. 

Procurement often finds that they are working in a silo, disconnected from their stakeholders and lacking prudent visibility into overall company goals. When the opportunity to connect with others in the purchasing world arises, procurement can learn tools and best practices that will help guide them out of their silo so they can operate more efficiently, spend more strategically, increase returns and perform at a higher level.

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Supply Chain Performance: Do You Have the Visibility You Need?

March 20, 2019 / by Dan Grant posted in Supply Chain Management, Manufacturing, Procurement

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Learn how one Supply Chain Executive transformed his supply chain in less than a year; effectively securing and improving his company's competitive position through supply chain performance visibility.

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OMNIA Partners Celebrates International Women's Day

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

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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 

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Creating a Competitive Supply Chain in Complex Times

March 4, 2019 / by Dan Grant posted in Supply Chain Management, Manufacturing, Procurement

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How PepsiCo is edging out the competition by strategically developing programs, groups and a supply chain centered on women. 

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Infographic: Women in the Workplace

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

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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.

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