According to the Office of National Statistics, the inflation rate (YoY) is 9.0% and The Bank of England expects the rate of inflation to keep rising throughout 2022. In this article, we discuss how we got here, what we can learn and how forward-thinking supply chain teams can focus on three areas of your operation to make a tangible change to how your business experiences inflation.
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The headlines over the past month or so have been dominated by the cost of living crisis and SMEs are feeling the effects of inflation too – which in turn affects their employees and their customers.
New research from Iwoca reveals the effects of rising inflation and business costs on small business owners. In this article, we look deeper at some of the research findings and give vital insight into how your business can survive and thrive against this backdrop of change.
It feels like there’s a new crisis every day affecting the supply chain – it’s certainly been a turbulent time for supply chain managers so far in 2022. If you’re experiencing price hikes or extended lead times like many of our clients, it may be time to start a data-driven, pragmatic conversation with your supply chain using technology to help you avert the crisis…
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Productivity is one of those management terms that is over-used and yet frequently misunderstood. We like to summarise it as “How can you do more for less?”
When we look across why many of our clients implement SourceDogg, their challenges blend and amalgamate to fall into 4 areas for improvement…
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Thriving in a world of ever-increasing complexity and uncertainty is a difficult task for many businesses and with this added adversity comes a host of prickly compromises within the organisations themselves.
This creates pressure in the business across many departments, but one of the main tension is the interplay between sales and the supply chain.
So how can technology help balance these seemingly conflicting needs?
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We believe your supply chain and procurement department can have as much of an impact on your business growth as the superstar salesperson who is driven by results. So how does the interplay between sales and supply chain work to grow your business?
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To compete on larger projects, increasingly clients are looking to work only with accredited contractors. So how does supply chain management software help you achieve accreditation so you can start to supercharge your business growth and compete on a bigger project stage?
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The foundation of a strong supplier relationship is a great onboarding process. Unfortunately, the process isn’t quite as straightforward, simple or as speedy as you’d hope. How do you remove friction and streamline supplier onboarding? Here’s our guide to the pitfalls and problems of poor onboarding and five steps to fixing them.
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Supplier data challenges are ubiquitous across most businesses in some form. It’s a major hindrance to business growth, so understanding what makes “bad data” and therefore how to fix it is a good idea for any business looking to enhance productivity and their bottom line.
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Many successful companies have embedded continuous improvement into their businesses as a strategic pillar, not a one-time re-imagining of the business that drives success over the long term.
Let’s explore what continuous improvement looks like in practice, and how to apply the concept in your business using technology.
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