In the case of a strategic business partnership, bigger isn’t always better. In fact, opting to support small-medium-businesses (SMBs) could lead to the success of both your company and your new partnership. The reasoning behind this has been succinctly described by Business Tech Africa as when an entity grows beyond a particular size, it runs the risk of becoming slower in adapting to change.
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.
Latest posts in supply-chain
Partnering Up with SMBs and Building Your Business' Success
Why Diversity & Buying Local is Key for Small Businesses
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.
What are the ESG Criteria and Why Your Company Should Position Them at the Center of Its Procurement Strategy
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.
OMX's supply chain management extends to custom fields and questions
We've enhanced the OMX platform to include custom fields, questions, and reporting - giving you maximum insight on every level of your supply chain. Reduce risk, improve costs, and generate the most accurate analytics - only with the world's most powerful procurement platform.