The Global Small Business Blog

JANUARY 13, 2023

©iStock/NicoEINino This is how global entrepreneurship will change in 2023. Unprecedented economic disruption in recent years can create the perfect conditions for new businesses to be born and built. Young entrepreneurs are bypassing the traditional labor market, while those already in work are looking to side hustles and beyond. In 2023, we’ll see a new form of entrepreneurship emerge – more diverse, more socially-minded, and not afraid to multi-hustle.

Marketing 156

Marketing 156

Zinnov

JANUARY 13, 2023

Tech companies are inching closer towards Digital Transformation 2.0. With social media even more mainstream now than ever before, and business decisions being influenced by data-backed AI and digital twin technologies, technology has evolved multi-fold, since its advent. In this forecast for the tech trends of 2023, we put forth how different technologies will shape up, change industries while benefitting other industries, and how technology will change the way we work.

Manufacturing 144

Manufacturing Government Marketing Software 144

McKinsey and Company

JANUARY 13, 2023

Leaders need clarity on what works to improve diversity, equity, and inclusion. Our 2023 report shows success factors that contributed to significant, quantifiable, scalable, and sustainable DEI impact.

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117

Velocity Global

JANUARY 13, 2023

While global expansion has many advantages, entering a new market requires a deep understanding of complex labor laws. If you are considering hiring employees in Germany, it’s important to know the critical role German works councils play in employer/employee relations. This guide covers the purpose and requirements of German works councils and explains what their pros and cons might mean for your company as you enter the market.

Right-Sizing 105

Right-Sizing Payroll Marketing Management 105

Advertiser: ZoomInfo

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

Marketing

V-Soft Consulting

JANUARY 13, 2023

Organizations are increasingly turning to digitized solutions with the aim of streamlining their operations and providing improvised customer service. For many small, medium, and large-level businesses, ServiceNow has become a go-to platform. With its centralized system, companies can manage various service requests and automate workflows. ServiceNow has so much potential, and its features, applications, configurations, and tools are full of possibilities.

Out-Tasking 98

Out-Tasking Customer Service Automation Efficiency 98

Global Expansion

JANUARY 13, 2023

If your company wants to bring an international employee to the U.S. for a set time of employment, you’ll need to request an H-1B visa through the U.S. Citizenship and Immigration Services (USCIS). These visas have a very particular set of requirements that need to be met for approval, hence why they can be denied for many reasons. Additionally, H-1B visas have a finite shelf life — initially three years, with the potential for a further three-year extension.

Service 97

Service 97

SIG Speaks

JANUARY 13, 2023

SIG University Certified Intelligent Automation Professional (CIAP) program graduate Josh Millman discusses how automation processes have helped his organization and what they can do for yours. My name is Josh, and I recently completed the Certified Intelligent Automation Professional (CIAP) course with SIG University. I am also employed with Sourcing Industry Group (SIG) as a Jr.

Automation 40

Automation Administrative Sourcing Information Technology 40

McKinsey and Company

JANUARY 13, 2023

The story of the Fourth Industrial Revolution is moving forward at speed, with members of the Global Lighthouse Network grasping the pen and writing a tale of the need for scale.

Manufacturing 80

Manufacturing 80

SIG Speaks

JANUARY 13, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Kyle Smith discusses the benefits of a strong third-party risk management team and what it can do for your organization. I currently work for Florida Blue on the Procurement team. For the last year, I have worked on the contract compliance & oversight team (CCO), where I have had the opportunity to work with and learn from all three lines of risk management defense.

Risk Management 40

Risk Management Risk Management Collaborations Jobbing 40

McKinsey and Company

JANUARY 13, 2023

The growth of the Global Lighthouse Network showcases the opportunities for Fourth Industrial Revolution technologies to make a positive impact for people and the planet.

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73

Advertiser: G-P

Grow your startup beyond borders and boundaries. Global expansion is the ultimate goal for many startup founders. However, to successfully enter new markets and grow internationally, you need a sound and scalable global recruitment strategy. In this eBook, you’ll discover how you can gain a competitive edge over your business rivals through the latest technology, harnessing global contractors, and using a global employment platform.

Global Hiring

SIG Speaks

JANUARY 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Devendra Pathak shares how the focus on Category Management can help your organization grow with his very own with a step by step model. Category management is one of the areas in which I should focus on my organization. . After the category management session, I understood the importance of category management.

Management 40

Management Sourcing Strategic Sourcing Administrative 40

McKinsey and Company

JANUARY 13, 2023

High-quality early childhood education is one of the most cost-effective ways to close achievement gaps and break the cycle of poverty.

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83

Obobo

JANUARY 13, 2023

What are Cost Tracking Tools? – Definition. Cost tracking is a critical activity for any business. It helps businesses understand their costs and make decisions that can help them increase profits and remain competitive. However, tracking costs manually can be time-consuming and laborious. Thankfully, there are cost tracking tools available that can help automate the process of monitoring and analyzing costs.

Supply Chain Management 40

Supply Chain Management Right-Sizing Finance Inventory Management 40

McKinsey and Company

JANUARY 13, 2023

Asia’s top business leaders are navigating today’s shocks with bold moves and a determination toward building sustainable and inclusive growth.

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75

Advertiser: ZoomInfo

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

Accounting

Obobo

JANUARY 13, 2023

What is Vendor Management Cost Savings? – Definition. Vendor management cost savings (VMS) is a process that helps businesses save money by streamlining their supply chain processes. It is an effective way to ensure that a company’s vendors are providing the best possible services and products at the most competitive prices. The goal of VMS is to create long-term value for a company by reducing costs and increasing efficiency in the supply chain.

Management 40

Management Reduced Costs Outsourcing Efficiency 40

Go4Customer

JANUARY 13, 2023

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40

Obobo

JANUARY 13, 2023

What is Cost Effective Procurement? – Definition. Cost effective procurement is an important concept in the world of business and finance. It is a method of making sure that you are getting the most out of your money when it comes to buying goods and services for your company. In this blog post, we will explore what cost effective procurement is, why it is important, and how to make sure that you are doing it properly.

Sourcing 40

Sourcing Accounting Insurance Efficiency 40

31 West

JANUARY 13, 2023

The growing number of cybercrimes requires a robust network security program. No matter the size and nature of your organization, every network needs a firewall protection solution to protect businesses’ tangible and digital assets. Palo Alto has gained immense popularity in the cybersecurity industry. The company has launched the next-gen firewall program powered by Artificial Intelligence.

Cybersecurity 130

Cybersecurity Jobbing Regulations Design 130

Advertiser: G-P

The benefits of expanding internationally are endless, especially if you approach it the right way. However, there are pitfalls along the way that can slow down progress. Global expansion brings many opportunities for companies —business growth, brand-building in new markets, and access to diverse talent pools worldwide. However, international growth can come with challenges.

Payroll

Obobo

JANUARY 13, 2023

What are Procurement Cost Savings Strategies? – Definition. In today’s business climate, companies are constantly looking for ways to cut costs and stay competitive. One of the best ways to do that is through procurement cost savings strategies. Procurement cost savings strategies are an important part of any company’s overall budgeting plan because they can have a direct impact on profitability.

Inventory Management 40

Inventory Management Labor Costs Reduced Costs Automation 40

V-Soft Consulting

JANUARY 13, 2023

ServiceNow is a leading platform providing cloud-based digital workflows for enterprise operations. ServiceNow’s platform helps by establishing the base for digital transformation. A single, unifying foundation for digital business exists. ServiceNow drives the transformation to rapidly develop and automate technologies that are future-proof and deliver good experiences.

Automation 98

Automation 98

Obobo

JANUARY 13, 2023

What is a Sourcing Tracker in Procurement? – Definition. If you’re in the procurement industry, then you know that there are countless tools and processes available to help streamline your procurement process. One such tool is a sourcing tracker. Sourcing trackers provide a comprehensive overview of the entire procurement process. From forecasting demand and identifying potential suppliers to tracking orders and shipments, this powerful tool can help make sure that you’re alway

Sourcing 40

Sourcing Order Management Management Marketing 40

Perficient Digital Transformation

JANUARY 13, 2023

For every company that tends to move forward with its customer experience and to form a successful content strategy, content management is one of the foremost imperative forms. You are probably already familiar with traditional content management systems (CMS) such as Joomla and WordPress. But how is headless software different? A headless CMS is an answer to the new IoT (Internet of Things) era, where content needs to be delivered to multiple devices simultaneously and improve digital CX.

Retail 64

Retail E-Commerce Flexibility Marketing 64

Advertiser: ZoomInfo

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

Accounting

Obobo

JANUARY 13, 2023

What is Supply Chain Savings? – Definition. As the world of business and commerce evolves, so too do the concepts and practices that shape it. Supply chain savings is one such concept, an area of study that can help businesses streamline their operations and reduce costs. But what is supply chain savings? In this blog post, we’ll explore the definition of supply chain savings, how it works, and how businesses can use it to reduce their costs and maximize profits.

Inventory Management 40

Inventory Management Reduced Costs Efficiency Sourcing 40

SIG Speaks

JANUARY 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Shridhar Kundaram shares his perspective on a four-step sourcing process that can help take your sourcing team to the next level. Sourcing is a process that involves finding, selecting, evaluating, and managing suppliers for day-to-day and long-term purposes for goods and services needed in the organization/company.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Government 40

Obobo

JANUARY 13, 2023

What is Maverick Order Tracking? – Definition. What exactly is maverick order tracking? This term describes a process used by businesses to track and control orders. It involves using software, analytics, and other tools to monitor the production and delivery of goods. This can help companies improve their customer experience, create efficiencies in their operations, and ensure that products are delivered on time.

Supply Chain Management 40

Supply Chain Management Retail Data Entry Streamline Operations 40

Obobo

JANUARY 13, 2023

What is a Spend Analysis Tool? – Definition. Spend analysis is an important part of any business’s budgeting process. Knowing where you are spending and why can help you better manage your resources and identify areas of waste. But if you’re not sure what a spend analysis tool is or how it works, don’t worry—you’ve come to the right place!

Right-Sizing 40

Right-Sizing Reduced Costs Software Regulations 40

Advertiser: G-P

The fintech industry is growing exponentially — in the first quarter of 2022, the sector saw a 182 percent increase in tech job growth. However, experts are warning that local candidates to fill those roles may become scarce in certain areas. In fact, according to a report from Korn Ferry, by 2030, more than 85 million jobs could go unfilled across three major industries: telecommunications, manufacturing, and technology.

Global Hiring

Obobo

JANUARY 13, 2023

What is a Procurement Project Management Software? – Definition. In today’s digital age, businesses are increasingly leveraging technology to drive efficiency and performance. This extends to the procurement process as well, where many companies are now opting for procurement project management software to streamline their processes. But what is a procurement project management software exactly?

Software 40

Software Management Out-Tasking Inventory Management 40

Obobo

JANUARY 13, 2023

What is a Procurement Cost Savings Template? – Definition. Cost savings is one of the most important concepts in business operations. After all, it’s the easiest way to increase profits without having to invest in additional resources or personnel. But when it comes to procurement specifically, cost savings can be a tricky process. That’s why so many companies are turning to procurement cost savings templates; these helpful tools can help streamline your procurement process and

Service 40

Service Management 40