Source One Round Up: July 29, 2016
Here's a look at where Source One's cost reduction
experts have been featured this week!
The Internet of Things has certainly become a prominent aspect of our everyday lives. For many of us, look no further than the fitness watch on your wrist collecting data on your health. Even major cities like Chicago are at work collecting information on everything from sound intensity to barometric pressure. It comes as no surprise that the IoT offers major advantages when it comes to manufacturing. This week, Source One Project Analyst Matt Chabanon explains the opportunities at hand for leveraging the IoT in the manufacturing industry, but also the reasons why the supply chain isn't taking full advantage of the technology.
Supply Management Professionals: Develop Your Brand
Brands matter. At a superficial level, brands more often than not, guide our purchasing behavior. Brands invoke a sense of trust and connection in the product, person, or company they represent. But, what exactly does branding mean to procurement professionals? The answer is two-fold. First, branding is important to procurement professionals as individuals. Your brand is how your team, peers, and managers view you. Second, the concept of branding also applies to your procurement organization as a whole. How your organization represents itself is crucial to the perceptions of your stakeholders, external partners, and the C-suite. This week, Kaitlyn Krigbaum of MRA Global Sourcing, a Source One partner, expands on the concept of branding and how you can leverage branding to enhance your career and better position your procurement department to key stakeholders in your company.