Can a Retail Buyer become a Procurement Buyer?

Two professions that share a title, but where there is very little industry talent exchange. Once a retail buyer,  an individual tends to stay on that path, growing through the function and taking on ever higher buying roles or category management roles….. and it’s the same in industry… graduates start out as buyers or procurement […]

Procurement – As a CPO, your people are your greatest asset..and your greatest headache!

In several recent surveys of CPO’s globally, the overwhelming message is that CPO’s are concerned about the availability of talent in the procurement sector. From skilled buyers to category managers, procurement analysts and business partners –  CFO’s/CEO’s and CPO’s recognize the value in having capable, strong and embedded procurement teams that are able to hunt […]

Pandemic Response – Can we use it as an opportunity to upskill?

Companies around the world are grappling with how to deal with a potential Coronavirus outbreak. Here’s what they’re doing, and how it could affect their workers – various organizations have already taken precautions like restricting travel to affected countries or big international conferences. Some employees have been asked to stay home because they visited a […]

Benefits of adopting E-learning in the Retail Industry

As one of the largest industries in the world, the retail industry faces considerable challenges to anticipate ever-evolving customer demands.  In fact, this USD 600 billion industry is set to nearly double to USD 1 trillion by 2020 and lists Employee Training as one of the top 7 viable areas of investments. Presently retail companies […]

How to make the most of your training budget?

It is vital to make strategic investments in employee development for empowering teams and ensuring the continued success of a company. In fact, training expenditures in the U.S. cost $70.65 billion in 2016. It has been noted however that a good amount goes to waste when employers don’t consider the specific needs of the company and employees of […]

Overcoming Employee Engagement Challenges

Low employee engagement represents a major challenge for various organizations. It is essential that businesses engage with their staff to keep their workforce motivated and productive since the poor employee engagement can lead to a company’s downfall. A 2012 report states that companies around the globe are spending $720 million USD a year on improving […]

Proven Methods for Achieving Employee Satisfaction

Recent research has revealed that 55.6% of workers in the UK are currently unhappy with their jobs. While this may not surprise most people, what is shocking is a 2017 Express report showing that “UK workers have one of the lowest levels of job satisfaction in the world.” Although it may be easy for employers to ignore […]

Best Practices for Managing Strategic Suppliers effectively

Managing strategic suppliers effectively is essential to drive competitive advantage for modern global organizations. The key lies in the ability to extract the best from key partners. The presence of strategic vendors and suppliers is critical to provide products or services that meet your company’s major demand requirements and plays a vital role in your […]