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.

Business Development, local spend, supply chain

By OMX | August 27, 2019

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Buying local isn’t solely reserved for the final consumer or for big businesses. Although big business is an essential factor for social accountability, as per the Economist, small businesses are key in leading by example and practising what they preach too. While outsourcing globally may be convenient in terms of supply and economic reserve, spending locally can create a ripple effect in support of the primary community with an increased ROI as well.

 

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local spend

By OMX | August 15, 2019

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Sourcing local is often mandated in order to receive approvals in the energy or mining sector, or to win government bids in infrastructure, transportation or the defense/aerospace sectors. It is also increasingly performed by companies who are wanting to put their best foot forward in demonstrating their commitment to the local community and to maximizing socio-economic impacts or meet their environmental, social and governance (ESG) goals. Assessing your local expenditure throughout your supply chain can provide you with an accurate assessment of your business’s potential performance in a more strategic socio-economic sphere.  

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supply chain, esg

By OMX | August 7, 2019

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Considering ESGs in key decision making is becoming more and more prevalent internationally. By ESGs, we mean environmental, social, and governance standards. The ESG market is rapidly growing and evolving. It is placing more responsibility on supply chain management as well as ethical company practices in the process.

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partnerships

OMX and Three Lefts announce a strategic partnership to leverage enterprise-grade blockchain technology to track and trace supply chains in highly regulated and industrial sectors.

By Godfrey Nthunzi | May 27, 2019

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Business Development, Networking, OMX, innovation, technology

By Godfrey Nthunzi | April 9, 2019

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Oxfordshire, April 9th 2019 - Commerce Decisions and OMX, two leading procurement software solution providers, have entered into a partnership to offer advanced evaluation solutions and services. The two companies’ joint capability will integrate supplier discovery, evaluation planning and preparation, and bid analytics together with the delivery, tracking and reporting of social value.

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