THE OMX BLOG

Procurement opportunities, insights, and market intelligence

OMX is the world's most powerful procurement database and platform. We connect buyers and sellers in global supply chains and ensure that you have access to the best and most relevant opportunities.

OMX

OMX
OMX is the world's most powerful procurement database and platform. We provides access to over 140,000 international companies by region, size, local content, certifications and capability, with effective web-based software tools to manage supplier and customer relationships collaboratively across an organization.
Connect with OMX:

Latest posts by OMX

By OMX | December 11, 2019

0 Comments

Having already covered why investors want to see accountability in supply chains, this article should come as no surprise to our regular readers. Social accountability in big businesses is the positive trend that the economy needs right now. Without it, companies will quickly fall behind with consumers, regulators and their investors in today’s evolving market.

Read now

By OMX | November 28, 2019

0 Comments

Supply chains: not only are they key to a profitable business operation, but they are also becoming the cornerstone for investor buy-in. In an economy where consumers are estimated to increase by 1.8 billion people by 2025, these trends should be appealing to both corporations and investors with the potential they bring for an advance in cash flow. However, this isn’t entirely the case. With more consumer demands needing to be met, additional pressure is being put on the business sector to act responsibly in their supply chain implementation policies.

Read now

By OMX | November 27, 2019

0 Comments

Supply chains are a vital component to a business’s overall competitiveness and its level of success. However, the global nature of supply chains also makes them increasingly exposed to a range of risks especially with regards to the legal landscape. It’s for this reason that companies are urged to put their focus on their business practices to mitigate the risk of potential oversights.

Read now

By OMX | November 15, 2019

0 Comments

In recent findings, Standard Bank notes that companies are spending more of their revenue on products and services than they were thirty years ago. Looking back over the years, it’s evident that the needs of both corporations and consumers have shifted with the likes of globalization and a complex business market at the fore. It’s for this reason that efficient procurement standards are more valuable to a company’s success than ever before. With a well-managed procurement process, it can contribute to an efficient and cost-effective business operation that ultimately results in a competitive edge within the market.

Read now
esg

By OMX | November 15, 2019

0 Comments

Corporate supply chains are growing in complexity with the increasing need for goods and services that uphold customer values as well as the ever-advancing technological progressions. With some businesses spending over 70% of their total spend in the supply chain, it is clear this is where the real impact can be made. Sourcing materials, managing suppliers, and navigating the way through emerging economies are common practices in the global business market. With this in mind, supply chain issues are bound to arise especially in the case of upholding important ESG (environmental, social, and governance) criteria, now of critical importance to consumers and investors.

Read now

Stay in the loop Sign up for our monthly newsletter and get insights delivered straight to your inbox.

You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails.

theomx.com | 400 Richmond Street W. Suite 701, Toronto ON M6J 1C5

Follow OMX