Order.co

💡 Did you know that last year’s holiday season saw a record-breaking $964.4 billion in sales? As we look ahead in 2024, the peak season is no longer just a Black Friday rush—it's a marathon of rolling promotions from October through winter. Is your supply chain ready to handle the pressure? 🛒📦 Read more from Supply & Demand Chain Executive on how you can prepare your business for the 2024 peak season and keep up with rising consumer expectations: https://hubs.la/Q02N8_SG0 #retail #ecommerce #peakseason #supplychain

💡 Is your supply chain ready for the holiday season? With over 75% of companies experiencing disruptions during this time, the stakes are high. 🎄 The holiday season may seem far away, but for those in procurement and finance, preparation starts now! Check out the latest edition of Spend Insights, a monthly newsletter from Order.co, for insights and practical strategies for keeping your operations running smoothly during the busiest time of the year. Don’t let the holiday rush catch you off guard - read more and get your business ready now! #holidayseason #operations #supplychainmanagement #vendormanagement

🌟 What's the secret to luxury brands consistently delivering memorable experiences? 🌟 Centralized procurement. If you're struggling to maintain quality and consistency across multiple locations, it might be time to rethink your purchasing strategy. Learn how centralized procurement can elevate your brand's standards and ensure every customer experience is nothing short of exceptional. Discover the strategies behind luxury success and find tips for enhancing your brand experience in our ebook, How Centralized Procurement Helps Luxury Brands Deliver Exclusive Experiences. 🔗 Download now: https://hubs.ly/Q02MxfKj0 #luxurybrands #customerexperience #procurement #procurementprocess

Who’s responsible for that charge? 🧐 When corporate cards are shared across a team, tracking and categorizing transactions becomes a challenge. Without a clear owner, expenses can slip through the cracks. If you're struggling with corporate cards, it might be time to update your approach. Giving your team procurement cards and virtual credit cards—with each card having a designated owner -- ensures accountability and accuracy. Learn more about the pitfalls of corporate cards and credit card reconciliation, and discover better strategies for spend management in our blog: https://hubs.ly/Q02Mxf4W0 #corporatecards #creditcardreconciliation #spendmanagement

How do luxury brands turn simple transactions into unforgettable experiences? It all starts behind the scenes with well-defined processes and strong attention to administrative details. Every memorable customer interaction—whether it’s a refreshing drink or a special touch that makes guests feel valued—begins with strong, efficient procurement. By optimizing your supply chain, you can ensure consistency and quality in every detail, freeing up your team to focus on what really matters: delivering a luxury customer experience. Curious how better procurement can elevate your brand? Discover the connection in our latest blog: https://hubs.la/Q02MC3QC0 #luxuryexperience #customerexperience #procurement #procurementstrategy

AI is driving one of the most impactful transformations in financial management this decade. Discover how CFOs can use it to revolutionize spend management in this breakdown by CFO Dive👇 🔗 https://hubs.ly/Q02Mx8pv0 #spendmanagement #financialmanagement #AI

Lark Hotels partnered with Order.co to ensure teams were consistently delivering high-end service and creating a consistent experience across its dozens of properties. 🏨 By automating purchasing, Lark Hotels cut down the time spent on procurement by 60%. Now, Aiden and his team can focus on creating memorable guest experiences and scaling operations -- not spending hours away from the property searching for supplies. Interested in more stories like this? Check out: https://hubs.ly/Q02Mxgmp0 #centralizedpurchasing #procurementstrategy #procurement #hospitalityprocurement

🔧 Procurement is changing fast—are you ready? Orchestration tools and GenAI are helping teams work together better, cut costs, and simplify complicated processes. Companies that adopt these technologies now can avoid costly mistakes and improve how they manage vendors and orders. With projected talent shortages in the coming years, making smart tech choices today will make things easier for your team tomorrow. Read more of this article from Supply & Demand Chain Executive: https://hubs.la/Q02LD3Gz0 #procurement #procurementprocesses #procurementorchestration #genai

With 14 locations spread across four cities, tracking and reporting spend for The Yard was a lengthy, tedious process. The Yard partnered with Order.co to centralize purchasing and immediately felt the benefits. Now, Ben and his team have 100% visibility into spend, making it easy for community managers to stay on budget. Plus, by centralizing all their orders in one place, they can easily pull reports on spend or vendor performance to improve contract negotiations. Check out their story: https://hubs.la/Q02LD1NY0 #vendormanagement #budgetmanagement #centralizedpurchasing

🚨 Warning Signs Your Vendor Management Lifecycle Program Needs an Overhaul Vendor management is never a "set it and forget it" process. If you're seeing issues like communication breakdowns, inconsistent quality, or rising costs, it may be time to improve your approach. Here are a few red flags that signal the need for a more streamlined and automated vendor management lifecycle: 📞 Frequent delays and miscommunication 📉 Rising costs with no quality improvement 🤝 Difficulty resolving disputes 📊 Poor data management If any of these sound familiar, it's time to take action. Learn how to address these challenges for better partnerships and increased efficiency in the article.👇 https://hubs.la/Q02LPHGm0 #vendormanagement #procurement #vendorrelationships #vendor