GDPR - A Long Time Coming
March 7, 2018 at 1:02 PM
GDPR (General Data Protection Regulation) is the biggest change in the way personal data is processed since the Data Protection Act of 1998 that was written 20 years ago. In stark contrast to all the negativity that is currently surrounding GDPR, it should instead be seen as a positive thing to both people and businesses. The more accurate that customer data is, can only mean more opportunities for a better relationships between businesses and customers.
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What is the Biggest Indirect Spend Management Challenge?
February 13, 2018 at 12:06 PM
When you control indirect spend more effectively, you immediately create more opportunities for savings. Even a single-digit reduction in annual indirect spend can lead to significant savings that boost your bottom line. So what barriers must procurement people overcome before their businesses can access these potential savings? There are two major obstacles.
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Will Artificial Intelligence Steal OR Enhance Your Job?
January 31, 2018 at 5:42 PM
Whether we like it or not, AI (Artificial Intelligence) is here to stay. But is it as much of a threat to our jobs & future prospects as some people think, or will we see a shift in humans being realigned at doing ‘human’ things better? Recently, more schools in the UK have been putting much more focus on ‘core’ subjects, like science & mathematics, cutting back funding on more artistic pursuits; but is this more narrowed approach setting up future generations to fail in tomorrow's job market? The opportunities available in creative roles may end up being some of the most desirable and well paid work in the future, as machines are unlikely to ever fully grasp the type of creative intelligence that is uniquely human.
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5 Procurement Best Practices Helping Enterprises to Achieve Savings and Productivity Gains
November 20, 2017 at 12:20 PM
Improving productivity has been a primary focus for enterprises since before the first Model T rolled off the Ford assembly line. And while there are many approaches you can use to improve productivity in your enterprise, these organisations have achieved impressive results with these five procurement best practices.
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Five Key Indicators of Procurement Fraud CPOs and Purchasing Heads Should Heed
January 5, 2017 at 6:47 PM
As your enterprise grows, so too will its sourcing and purchasing operations, providing a slew of often-irresistible opportunities for hard-up employees and suppliers to gain financially through fraudulent malpractice – all at your organisation’s expense. Procurement fraud is one of the ways in-house procurement professionals and/or corrupt suppliers can achieve these financial gains, through common fraud schemes like false invoicing, bid rigging, and conflicts of interest.
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B2B Affiliate Marketing Programs
October 12, 2015 at 7:03 PM
At Maistro, we take pride in our well managed B2B affiliate program, but we’re not the only ones. Checkout these 5 other B2B affiliate programs that are also getting it right.
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11 Step Launch Marketing Plan That Works Every Time
April 10, 2015 at 6:31 PM
A startup’s success often comes down to its marketing, make sure that you’ve got your strategy in line with this brand or product launch framework. Unfortunately the vast majority of startup founders have no marketing experience and little spend. How do you deal with this dangerous contradiction? There are a million articles out there on brand development, launch marketing, PR, viral videos and more. Reading them all would be a start – or you can check out the Maistro tried and tested approach below!
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What Can We Learn From Starbucks’ Supply Chain Management?
March 5, 2015 at 6:13 PM
With over 15,000 stores globally spanning 50 countries, Starbucks has massive potential for procurement waste and inefficiency as it builds a sustainable supply chain. But for Starbucks, efficiency and sustainability are the two key chromosomes that form the DNA of the company as we know it today: they sit at the foundation of its modern business model.
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What is the Secret to McDonald’s Global Branding Success?
November 5, 2014 at 5:37 PM
McDonald’s is currently ranked the 6th most important brand in the world and is one of the most visited restaurants, but how does it maintain its branding success internationally? With a product that’s served in over 117 countries, feeding millions of customers every day, McDonald’s branding success is undeniable. The key to McDonald’s branding and marketing success is segmentation and experimentation.
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