Blog

I am excited to announce that Procurement Management Services Inc. is certified as a Women Business Enterprise by the Women Business Enterprises Canada Council (WBE Canada).  WBE Canada is Canada’s largest third-party certifier of the businesses owned and operated by...

Finally, 2020 is behind us.  Looking back, we see the impact that Covid 19 has had on businesses and their staff.  It enhanced a more responsive and agile supply chain. Procurement teams shifted RFP focus from price to risk. There is more emphasis on inventory...

Can Machine Learning (ML) in Procurement Generate Savings? What if I told you that implementing procurement machine learning could solve your procurement challenges AND generate multiple benefits including savings?  As a procurement expert, I know all too well the...

As we continue to battle the economic challenges due to COVID 19, businesses may be forced to choose price over value.  However, "value" is becoming increasingly valuable to clients and it's not always about the price. We interviewed Kim Lesperance, Senior Account...

With businesses struggling to make ends meet during this crisis, many business owners are reading the fine print in their supply chain contracts to understand their negotiation leverage with suppliers and customers. The focus of this months’ article is to go over some...

Does your organization have a supplier governance process in place?  This process is important for mitigating the risks with existing and new suppliers.  Unfortunately, it’s a process that is sometimes overlooked by many companies.  Avoiding this process can result in...

Does your staff have the right skills to help you achieve your goals for 2020? Are they ready to take on new challenges with confidence, achieve their own targets/goals, come up with innovative ways to improve and help the organization save money? If the answer is no,...

Don’t wait for an economic crisis before implementing expense management best practices. This article provides you with 3 savings tips you can implement today.   1. Minimize Expenses 2. Optimize Cash Flow 3. Review Existing High Value Contracts  1. Minimize...

  Outsourcing has always been a hot topic and a rather simple optional solution for companies to save money.  Avoiding full time employee (FTE) expenses like benefits, salaries, etc. sounds appealing.  Having an external resource doing the same job at a lesser...