All organizations need to purchase goods and services from other companies. For a small business with only a handful of employees, keeping these expenses in check is fairly easy because, in most cases, only one person has the authority to approve purchases: the...
Whether it’s an online store that sells directly to consumers or a wholesale-restricted website for business buyers, brands have been rushing to build ecommerce sites to establish direct relationships with customers and expand sales. Although online selling can be a...
When an organization procures a cloud-based technology solution, like financial management software and similar business management applications, the solution provider generally stipulates specific service characteristics that identify usage parameters within the...
Fast, flexible access to data is vital to nimble decision making but building an analytics practice that can meet those needs requires tools that can accelerate your efforts. For example, analysts and decision makers often have reporting and analysis requests that...
Wholesale distributors occupy a space between manufacturing and retail and feel the impact of shifts in both industries. Distributors have been hit by the rising costs of materials and transportation and the worker shortage that’s affected manufacturing and...
As 2021 neared a close, there were still signs of ample opportunity for manufacturers — ISM’s Manufacturing Purchasing Managers’ Index (PMI) hit 61% in November, its 18th consecutive month of growth (anything above 50% indicates growth). But the PMI also showed that...
