Thurman Co

A 30000 Foot Overview of Project Management

What is project management? TheProject Management Body of Knowledge, Seventh Edition (2021), defines “project management” as the skill and process of supervising a selected number of people to work effectively on a job within a selected time frame” [t]he application of knowledge, skills, tools, and techniques to project activities to meet project requirements. Project Management

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A 4-step action plan to improve supplier performance management

Supply chain problems can hamper the procedures in every sector of a business. Most supply issues if properly traced, almost, always point to poor supplier performance. Knowing how to manage your suppliers’ performance perfectly isn’t as easy as it seems. It takes a lot of insight and experienced guidance. This article will help increase your

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Resource Management is Important in Project Management

Closely tied to project management is resource management. Businesses rely on resource management for growth and continuity. Oftentimes, mismanagement of resources can be a result of a lack of transparency. This is why it is essential for every business owner or project manager to know all about resource management, its relation to project management, and

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How to Implement Critical Path Method in Project Management

The success of every project lies in the visualization of every stage. From planning, implementation, to monitoring and controlling stages, strategies and quantitative tools aid the decision-makers in every process. Most of these tools help in planning because you can quickly analyze information from a project. The Critical Path Method (CPM) is one such tool

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Common Supplier Diversity Challenges Affecting Businesses and How to Address Them Today.

A two-year consecutive survey by Supplier.io revealed several challenges as well as opportunities in supplier diversity. This survey involved hundreds of diversity professionals who gave candid and data-proven information. In the business world, one cannot deny the relevance of supply diversity especially in today’s culture. For Thurman Co our interests have always centered around bootstrapping

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Critical Strategies to Make Procurement a Competitive Advantage.

Managing procurement is one of the best ways to strengthen the profit margins of any business. Procurement for any organization starts the process of efficient, profitable and efficient supply. The processes of procurement can be complex and involve several responsibilities that range from sourcing raw materials, managing contracts, building and maintaining relationships with trusted suppliers.

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