Procurement management is critical to businesses as it can take up a large percentage of a company’s spend. A long and procrastinated procurement process could cause potential loss to companies. Ways to improve the procurement process can be different to businesses in different areas, however, there are some common practices that are proved to be […]
5G, the fifth generation of wireless networking technology, is the latest generation of cellular mobile communications. 5G will be able to surpass 4G LTE by targeting on high data rate, reducing latency, reducing cost, and increasing system capacity. As 4G can maximally reach its speed to 16.9 megabits per second (Mbps), 5G is able to […]
Business Process Management is a discipline in operation management where people use different methods and tools to measure, improve, optimize and automate complex business processes. It can help companies simplify their business processes, achieve digital transformation, and improve their service delivery. Business process automation (BPA), the most practical technology to optimize working process, can be […]
In two months, Great Britain is scheduled to depart from the European Union, and no deal has been solidified to ensure a soft exit where trade deals can remain intact, and British businesses do not get harmed in the process. Some consider this exit better than remaining in the European Union at all, but businesses […]
On March 1st of this year, United States’ tariffs on Chinese goods are set to increase from 10% to 25%, marking an important escalation in the current Trade War between the two countries. This week Mr. Trump and Chinese officials are set to meet to discuss ways of possibly avoiding this escalation. Last year, the […]
The Defense Acquisition Workforce Improvement Act (DAWIA) was enacted in 1990, following an internal review of the Department of Defense, commissioned by President Reagan, after the review indicated a great deal of mismanagement in the Department of Defense. Thus, the purpose of the bill was to ensure that future employees of the DoD were well […]
On January 21st, America will be celebrating perhaps its greatest social hero, Dr. Martin Luther King Jr. In that interim since his untimely death, we as a nation have achieved many of his goals, yet his work remains unfinished. On the holiday commemorating the achievements of this great leader, we should also remember all of […]
As of the month of October 2018, U.S markets have taken a massive hit going from “all time highs” to losing all gains in the entire year. While this is concerning to investors, most of Americans who do not own Stocks feel little to no change in their lives. In fact, most of the other […]
The year 2018 has introduced many new technologies that could radically change the way people live. These technologies were seen as newfangled concepts, a pipe dream. However slowly but surely these technologies are beginning to take shape. For example, the IDC (International Data Corporation) anticipates that overall spending for AI technology will reach $57.6 billion […]
The General Service Administration operates 24 Multiple Award Schedules with schedules being organized under industry or type of service. However, GSA has recently announced that it will change the current schedule and consolidate all 24 MAS to one schedule. This announcement will affect all contractors with this type of schedule contract. In addition, it will […]