Inventory Management vs. Warehouse Management
This article defines inventory management and warehouse management, the benefits and challenges of each, and why an integrated solution to managing the entire supply chain is the best approach.
Procurement
Guidance and insights into procurement management.
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Bolster Your Talent Strategy With a Flexible Workforce: 3 Crucial Tips
Closing the talent gap is a persistent issue for organizations, exacerbated by rapid technological advancements. Addressing it requires a flexible talent strategy that includes utilizing the contingent workforce and promoting internal talent mobility.
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Why Does My Company Need a Vendor Management System?
Is your company bringing on more contractors, consultants, and gig workers? It might be time to consider how you’re managing your extended workforce.
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Introducing Workday VNDLY: One Workforce, Working Together
We caught up with Shashank Saxena and Mariana Santiago, co-general managers of Workday VNDLY, to discuss the latest developments for our extended workforce and vendor management system—and its role in powering the future of work.
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The Contingent Workforce: A Strategic Lever to Drive Resilience and Sustainable Agility
Businesses increasingly depend on contingent workers for workforce agility and flexibility. Leaders from Everest Group explain how vendor management systems (VMS) have evolved with this trend and can deliver advanced technology capabilities to manage the contingent workforce.
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8 Ways to Supercharge Supplier Contract Management
Learn best practices for creating a supplier contract management strategy to identify supplier gaps and drive savings.
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Understanding the Basics: What Is Strategic Sourcing?
In this article, we provide an in-depth overview of strategic sourcing, its critical role in the business, and how strategic sourcing systems can empower teams to adapt to a changing world.
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Understanding the Basics: What Is Procurement?
Businesses are realizing that strengthening procurement, strategic sourcing, and supply chain management is critical to their success.
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How 2 Workday Customers Leverage Strategic Sourcing to Navigate Uncertainty
The pandemic exposed the need for technology upgrades within procurement, an area that has been historically underserved when it comes to tech investment. Discover how two Workday customers used cloud-based tools to find creative ways to thrive during the pandemic.
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3 Ways Ralph Lauren Accelerates Procurement
The global sourcing leader at Ralph Lauren shared insights and best practices for driving high-performing procurement at our Conversations for a Changing World digital event.
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What Financial Services Companies Should Do When Cost Cutting Isn't Enough
In the face of ongoing pressures, financial services institutions should optimize procurement to reduce costs without operational and customer-facing disruption.
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4 Pillars of an Effective Supplier Management Program
Building out a supplier relationship management (SRM) program doesn’t have to be intimidating. Explore the four pillars of a successful SRM program and best practices for driving supplier performance.
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3 Main Advantages to Smarter Sourcing
The future is in the cloud. Explore three ways a digitally enabled sourcing team can empower the business and close the digital acceleration gap.
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Harvard Business Review: 4 Ways Procurement Is Evolving in 2021 and Beyond
Harvard Business Review finds that procurement’s role in the enterprise is evolving, and explains how leaders can empower their teams to act strategically.
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How New Human Rights Legislation Impacts Global Procurement Leaders
Human rights compliance regulations across the globe are challenging enterprises to take a hard look at their supply chains and highlighting the importance of procurement.
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Accelerating a New Era of Strategic Sourcing
It’s been one year since Scout RFP joined Workday. Alex Yakubovich reflects on what we've accomplished together, including customer adoption, product innovation, and moving forward as Workday Strategic Sourcing.
