Kronos

Month: July 2021

Maturity assessments and a reliable procurement, finance, and project management strategy

Summary Strategy is paramount in any business venture. Whether it is to guide your overall business or to reach a specific goal, your company needs strategies for every critical function in order to stay competitive and ahead of the curve.  The best way to ensure that function-specific strategies are creating sustainable infrastructure and supporting more […]

How procurement consulting and spend management can optimise your SRM

Summary  Supplier relationship management (SRM) is a rising priority in the procurement and supply chain industry, especially in the wake of COVID-19. There is no replacement or digital tool for the human interaction through which supplier relationships are formed.  There are, however, ways that a business can facilitate better SRM through the optimisation of the […]

What does procurement data integration mean in the Procurement 4.0 era?

Summary  When it comes to navigating the new wave of digitalisation, namely Industry 4.0, it often feels like a trial and error process. Finding the right solution that will complement your business style and accelerate its growth is not a straightforward process. The key to successful digitalisation is in establishing priorities early on to guide […]

How can a procurement interim manager help you achieve your short-term goals?

Summary: Hiring an interim manager for your procurement function can add value to your business on a faster timeline. These professionals are an effective way to keep a business lean and competitive in the current business climate.  In this blog post, Kronos Group dives into: The function of short-term purchasing managers: Their fresh perspective, swift […]

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