How To Elevate Your Company’s Procurement Process
The turbulence of recent years has underscored the critical importance of an organization’s ability to manage its cost base, as a business’s expenses can determine its success or failure in volatile environments. In response, the expectations placed upon procurement teams have evolved far beyond the traditional role of supply chain management. Today’s procurement leaders are […]
How Procurement Is Influencing Top Business Priorities
Procurement leaders have helped their midsize companies navigate significant supply chain disruptions, changing consumer preferences, new sustainability commitments, and more over the last few years. And in the coming year, their contributions can be even more critical to the core business. Recent Oxford Economics findings indicate that procurement organizations worldwide are shifting away from their […]
Survival Of The Techiest: How AI Is Helping Future-Proof Procurement
As the US government continues defining its rollout of new tariffs, procurement professionals are keeping a close eye on how shifting trade policies will impact prices, supply chains and existing relationships. These tariffs have contributed to the ongoing disruption of procurement following the pandemic, which dramatically expanded the scope of the function. According to Gartner, […]
What Is Inventory Turnover and Why It Matters for Your Business
In today’s increasingly competitive business environment, operational efficiency is not just a goal but a necessity for long-term success. One of the most critical aspects that business owners in Malaysia must pay attention to is inventory management. More specifically, a key indicator of efficient inventory management is inventory turnover — the rate at which a […]
Inventory Management Guide for Malaysian Business Owners
Managing inventory accurately and efficiently is one of the most crucial aspects of running a business. For business owners in Malaysia aiming to stay competitive in an evolving market, getting your inventory management right isn’t just an operational concern — it’s a long-term growth strategy. When inventory management is neglected, it can trigger a series […]
Business Model Example: A Complete Guide for Malaysian Business Owners
Every successful business begins with a strong foundation – and at the heart of that foundation lies a well-defined business model. Whether you’re launching a startup or running a growing enterprise, having a clear business model is essential for strategic direction, resource management, and achieving long-term goals. In Malaysia’s dynamic and competitive marketplace, selecting the […]
Exploring Every Type of Business You Can Start in Malaysia
Starting a business in Malaysia goes far beyond having a great idea. To thrive in this competitive environment, you need a solid understanding of the local business structure and a clear grasp of the various types of business that operate within the country. This knowledge will help you make well-informed decisions from day one. As […]
10 Profitable Online Business Ideas for the Digital Era
Are you looking for online business ideas that are profitable and easy to run from home? In today’s digital landscape, building a business no longer requires a physical shopfront. With internet access and the right strategies, anyone can start a venture from anywhere — even without leaving the house. The appeal of starting an online […]
Why Every Malaysian Supplier Needs a Solid Business Plan to Succeed
A business plan is far more than just a formal document. It serves as a roadmap that helps entrepreneurs navigate their business journey, measure progress, and face challenges with well-prepared strategies. For suppliers in Malaysia, a well-developed business plan can be the difference between a business that thrives and one that struggles to stay afloat. […]
Want to Be an Online Seller? Start Here
In today’s digital age, the internet has transformed almost every industry across the globe. One of the most notable developments is the rise of the online seller – someone who markets products or services to a wide audience without needing a physical storefront or even holding inventory in some cases. But how did the concept […]
