In the competitive world of business, maintaining strong relationships with suppliers is essential for achieving favorable ...

Describing the current industry as on the cusp of something generational, Simon Broadley, CEO, Furness Building Society spoke ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Grayson Caldwell Supply ...

As sustainability issues continue to take centre stage in all aspects of business, organisations of all shapes and sizes are under increasing pressure from their stakeholders to ensure that ...

Finance departments have a powerful opportunity to help organizations remedy one of their most pressing concerns — late payments. According to a QuickBooks survey, 73% of businesses are negatively ...

The foreign and economic policies of the Trump administration have many businesses wondering how their transactions with international partners will fare. Countries that were once close trade partners ...

The moment your company starts using more than one vendor, you begin to make a realization: Managing them, their needs, and your relationships takes serious coordination. At first, you may try using ...

Priority during high demand – During peak seasons, trusted buyers often receive priority over new or one-time customers. Improved product quality – A supplier who values your business is more likely ...

Implementing a well-thought-out, proactive procurement plan can benefit any business regardless of its revenue or number of ...

Companies of all types have been affected by pandemic-related supply chain disruptions, but many of the operational challenges they’ve faced over the past 18 months were magnified by the pandemic, not ...