Procurement Espresso

Sourcing Approaches for Internal Audit Services

Internal Auditing requires different skill sets and competencies. Lately, many organizations are facing a choice: whether to develop these skills in-house or to outsource to external service providers.

What happens when assurance fails?

When suppliers lose the trust of the supply chains they depend on, it can have catastrophic consequences. But having an assurance failure in any part of an established supply chain doesn’t have to equal the end of a business.

When your supplier is your customer

Reciprocal business in itself is not unethical. It is perfectly alright to buy from customers. However, it will be unethical if a potential supplier is given importance during negotiations just because the supplier is an existing customer.

Category Scan: Corporate Wellness Program

Organizations can measure and enhance the effectiveness of their corporate wellness programs at every stage of their evolution. Proactive evaluation planning and wellness program audits are the keys to success.