There were nearly 3 million nonfatal workplace injuries and illnesses reported by private employers last year, according to the Bureau of Labor. While the number dropped by about 50,000 from the year before, businesses could continue to see that number decline even more if they implement proper safety training and equipment.
Every year, multiple CoVest categories come up for renewal as contract expiration dates come into play. For 2016, three indirect spend category contracts are on review due to their approaching expiration: corrugated, lab supplies and bearings and power transmissions.
Offices have long evolved pass the humdrum space where employees shuffled papers for eight hours a day. In recent years, we've seen our work spaces open up and become an inviting and collaborative inducing environment. Today, offices are taking that idea one step further by incorporating contemporary and green technology.
The chemical industry has seen recent successes in many areas, however could that success be further amplified?
Now that you've learned about each individual step of an effective category management program, here is how they work best together to make a solid, effective management approach.
Price auditing is one of the most significant processes after implementing a contract, however, it does not get its due share of recognition. It is essential in any category management process.
Savings reports are one of the first steps in implementing a strong category management process. Are you utilizing your savings reports to the best of your ability?
