Blog | Quantum

11Nov, 2020

Diversity Spend Tracking: What is it?

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Diversity Spend Tracking: What is it and What are the Benefits? Diverse supplier spend refers to the amount of money an organization spends with diverse-owned businesses when purchasing products and...

08Oct, 2020

Diversity Spend in the times of a Pandemic

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Diversity Spend in Pandemic Times Supplier diversity will help businesses large and small recover from the COVID 19 pandemic, irrespective of the fact that many medical professionals say the world...

01Sep, 2020

Understanding Supplier Relationship Management (And How Companies Can Benefit by Working with Quantum)

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Supplier relationship management (SRM) is defined as the discipline of strategically planning for and managing all interactions with third party organizations that supply goods and/or services to an organization to...

17Aug, 2020

Everything There is to Know About Contracts Management

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Contacts management refers to the process of taking on the responsibility of managing contracts for employees, vendors or other parties. Contract managers need to possess legal knowledge to accurately lead...

26Jul, 2020

Risk Management: What it is and What it Means for Business

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Risk management describes the process of identifying, assessing and controlling threats being posed to an organization’s capital and earnings. These threats – or risks – could originate from a plethora...

18Jun, 2020

Quantum RFx

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Quantum is a full source-to settle eProcurement solution. Quantum’s RFx solution has predictive analytics which is considered to be advanced technology and makes assumptions about future opportunities. Predictive analytics uses...

31Jan, 2019

Supplier Management Best Practices

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Over the past decade or so, business pressures and demands have changed in such a way that product lifestyles are shorter while market variations are “wider” than ever before. The...

29Jan, 2019

What is Data Management (and How it Can Help Businesses)

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Let’s put this out there right now: An organization’s data is often recognized as the most vital asset of an enterprise. Quantum representatives have often told clients that companies which...

19Nov, 2018

Understanding Diversity Spend

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In the United States, to qualify for Diversity Certification, a business must be at least 51-percent owned and operated by minorities or women; in the U.S., this includes American Indian...

10Nov, 2018

Economic Impact Analysis

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The Ins and Outs of Economic Impact Analysis An Economic Impact Analysis (EIA) studies the effect of an event on the economy in a specified area, running the gamut from...