Tagged Content: L1

Upwork Upgrades Itself With Pricing Model for Online Freelancer Marketplace

e-invoicing Earlier this week, Upwork announced changes to its pricing model, effective June 1. The new pricing model supersedes the model that charged a flat 10% transaction fee on all payments, regardless of payment size. The new pricing, reviewed below, appears to aim at aligning price to cost, encouraging high value freelancers to stick around, and most likely increasing profitability.

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Procurement Must Ramp Up Risk Management Efforts, New Report States

Supply risk Procurement organizations are not prioritizing supply chain risk management today, leaving companies unprepared to respond to disruptions, according to a new report from A.T. Kearney and Rapid Ratings. The joint report, titled “Is Your Luck Running Out? Managing Supply Risk in Uncertain Times,” points to data from a 2014 A.T. Kearney study showing an overall lack of risk management practices among procurement organizations.

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Beeline Conference 2016 Kicks Off: A VMS Grows Up

2016 Beeline Conference Andrew Karpie and I are down in Fort Lauderdale, Florida, for the 2016 Beeline Conference, an event that has grown up considerably over the years. There are 137 people in attendance this year, including, as Beeline shared, more than 60 customer organizations and more than 40 partners. The last time I attended a Beeline event, in 2014, it was nearly half the size. But the numbers alone only tell part of the story.

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MBO Partners Proposal to Address Part of the Worker Classification Conundrum

forced labor MBO Partners released a policy proposal Tuesday for the institution of a new “worker certification” called Certified Self-Employed (CSE). The proposal lays out a certification program through which workers who meet certain program criteria and comply with program requirements would be designated self-employed. The certification, proposed to be administered and governed by the federal government’s Small Business Administration, would be valid nationally and preempt state and local classification laws.

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Susan Grelling: Women in Procurement

- May 2, 2016 6:00 AM | Categories: Diversity, Industry News, Talent Management

Susan Grelling Susan Grelling has a wealth of advice to offer people in procurement. After spending approximately 25 years in the field, Grelling has learned some valuable lessons she can pass on to others, such as how procurement can help smooth out profit and loss for a company or how to position the organization to be viewed not just as a “checkbook” but as a source of competitive advantage.

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Design-Centered Thinking and Innovation in Procurement (Part 1) — An Introduction

- April 29, 2016 6:20 AM | Categories: Innovation, Technology

design thinking In the 1980s, GM learned a difficult lesson about technology when it copied Japanese auto manufacturers in their use of robotics — but didn’t copy anything else. GM figured that large capital investments in expensive technology were the key design element in the Japanese supply chain. Unfortunately, the technology itself was complicated and was not used within the context of a broader supply chain design that emphasized lean manufacturing principles.

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Companies Continue to Focus on Cost Reduction for Business Growth, Deloitte Survey Shows

cost reduction Companies are increasingly using cost reductions to fund growth initiatives, according to Deloitte’s 2016 Cost Survey Report, a biennial survey looking at cost management and cost improvement trends among U.S.-based Fortune 1000 companies. Of the 210 senior executives surveyed for this year’s report, 57% identified gaining a competitive advantage over competitors and 43% pointed to investment in growth areas as the top drivers of cost reduction.

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From Data to Intelligence: The New Frontier for Workforce and Services Procurement Technology Solutions and Practitioners

cognitive computing Most large enterprise workforce and services procurement programs rely on a vendor management system (VMS) as their primary technology tool or solution. One of the many valuable things that VMS has done for these organizations is to provide a window into data — that is, provide “visibility.” But in recent years, the way technologies look at data has started to evolve. While many other business areas have already begun to adopt the technologies and applications of the new cognitive computing paradigm, for the most part, contingent workforce management and procurement are only at the threshold of adoption.

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OpusCapita Acquires jCatalog, Expanding P2P Capabilities in Nordics and Europe

kritchanut/Adobe Stock The e-invoicing, procure-to-pay (P2P) and trade financing markets in the Nordics just got a lot more interesting. Earlier Tuesday, OpusCapita, which is not well known outside of the Nordics yet has more than €250 million in annual revenue, announced it would acquire catalog management and procurement specialist jCatalog. The terms of the deal were not disclosed, other than that “the agreement has been closed on 25 April 2016.”

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Supply Chain Risk Management Lessons From the Japan Earthquakes

Japan earthquakes The earthquakes and aftershocks that have hit Japan in recent weeks have caused significant supply chain disruptions. While companies cannot completely predict natural disasters, they can and must position themselves to be able to respond when one occurs, risk management experts say. A key part of setting up a strong risk management program is having access to information that provides a high level of visibility over what is happening in your supply chain.

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Flexibility Key For Many Freelancers, Toptal Survey Shows

Coworks A new survey by Toptal, a work intermediation platform and network of freelance software engineers and designers, offers some insight into a specific segment of online freelancers: software developers and designers. The “2016 Freelancer Lifestyle” survey shows the growing number of contract workers enjoy the flexibility freelancing offers and do not miss working in a traditional office environment.

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Technology and the Melting of Outside Legal Services: Has the Time Come? (Part 1)

legal services Services procurement category managers know that spend on outside legal services is a significant and complex spend category, and they have worked hard over the years to reduce it. Are procurement’s efforts to continue to push down outside legal services costs petering out? Or are there options ahead? And could they be dependent on technology?

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