myConnXion Business Center (myCBC)

ConnXus: Your One Stop Supplier Management Dashboard

We enable global procurement by revolutionizing the way buyers and suppliers connect. With in-house experts, industry-leading security, and intuitive software, we work hard to provide the best supplier management and procurement solutions for you. Read more

Daryl Hammett

SRM: “Supplier Relationships Matter” Do you pay your Suppliers ON Time?

At ConnXus, we’ve worked with countless organizations. From companies big and small, one of the biggest opportunities we’ve observed is managing multi-tier suppliers. Collaboration between buyer and supplier is the key to business growth. Successful SRM (Supplier Relationship Management) maximizes the value of your supply chain.

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Key Ingredients for Healthy Relationships

Building strong buyer-supplier relationships is key for any successful business. No relationship can function if both sides aren’t satisfied. That’s why companies like ConnXus and Onyx make it part of our mission to help businesses form strong buyer-supplier relationships that last, and ensure success in your industry for years to come. Read more

Help Protect Your Business by Eliminating Cyber Security Threats

What can you do to make sure your business is a success? Most people would think this involves, among other things, careful planning, a well-designed and well-executed strategy and putting the right team in place for each task, and they’d be right. What some people may not think of, though, is doing everything possible to minimize and eliminate threats. Even if a business does everything else right, outside threats can still cause it to come crashing down.  Some of the largest and most rapidly growing threats, especially in today’s technology-driven world, are threats to cyber security. Read more

Thinking of Taking Out A Loan? Here Are Some Helpful Tips

If you’re buying a house or starting a business, chances are you’re going to take out a loan sooner or later. No one likes the idea of being in debt, but money doesn’t grow on trees, and most people don’t have enough of it to pay for these expenses out of pocket. Taking out a loan is rarely a process anyone enjoys, but there are a few tips and tricks you can use to make it a bit easier.

 

  1. Try to pay off your debt before applying for your loan. If you already have a significant amount of debt, taking on more probably isn’t a good idea. Make sure your debts are paid off, or at least under control before applying for another loan. This can improve your credit score, and increase your chances of getting a good interest rate.
  2. Speaking of your credit score, it’s usually a good idea to check it before applying for a loan. The better your credit score, the better interest rate the lender will give you.
  3. Be sure you don’t miss any details. Always go over everything, and understand what the documents actually say. You don’t want to be caught off guard or surprised by anything in the fine print. Be on the lookout for things like prepayment fees, or penalties for paying off your loan early.
  4. Be sure you understand if you have a fixed rate or a variable rate. With a fixed rate, your payment will remain the same. With a variable rate however, your payments will go up as interest rates rise.
  5. Consult a financial expert for larger loans. If finance isn’t typically your area of expertise, seek help from someone who does this kind of thing for a living. Having an expert walk you through this process will help you ensure no mistakes are made.

 

Hopefully you found these tips helpful, and are able to find the loan that works best for you. Good luck!

Change your self-image to reach your potential

As a manager or leader – or even just as a person – are you holding yourself back from reaching your potential? Learn how to change your internal dialogue.

Whenever I’m asked who I am, my answer is to share where I work, the organizations I am affiliated with and my family (I am a mother and a wife).

But in fact, that is not really who I am or what I do.

After I left my corporate career, it was difficult to introduce myself. I began by describing where I used to work, which let an awkward transition to who I had become. Once I learned not to define myself by my position, I began to respect myself as an individual and was more engaging. I discovered that listeners admired my career journey. This became a story I was proud to share.

Why doesn’t my self-image not match what others see? And how do I get past the need for external approval? Your self-image and the expectations are deeply embedded. Changing them requires a conscious effort, but with focus and practice, we can each reach our potential. The key lies in managing the way we see ourselves.

Self-image is our internalized mental picture of ourselves, which answers questions of how do I look, and how am I doing? Our self-image may impose limits on what we do: our internal dialogue might sound like “Because I am _______, I am unable to _______.”

An important caveat is not to allow self-image to hold us back. We can develop behaviors to push our limits by reframing our internal dialogue as a positive, by saying things to ourselves such as “to accomplish _______, I need to do _______.” Keeping action-oriented and positive will produce results that will reinforce a positive self-image.

Our perception of ourselves is based on how others view us. Changing our self-image requires rewriting your internal dialogue.

An unhealthy self-image focuses on flaws, with a constant comparison against others. Using an external measure sets you up for failure. You may see other people as being better. Measure yourself based on what you know and remember that no one is perfect. Adopt a positive self-image, rely on yourself, focus on things that give you pleasure and continue to perfect your ability to do them. We all have different strengths. Follow your passion, and you will shine! Take a risk and learn from your mistakes. The next time it will be easier, and before long you will have achieved mastery.

Women tend to underestimate their ability and performance, falling prey to the impostor syndrome, while men over-estimate both. Although men experience similar self-doubt, they are less likely to let it hold them back. The difference is in their willingness to take a risk and to the belief that they can succeed. We have the opportunity to manage our internal dialogue, using positive self-talk improves outcomes, confidence, and creates an upward spiral to success.

Life can sometimes get in the way of positive self-talk, raising doubts. And there are some situations which make keeping a positive outlook more difficult. Adopting these strategies approaches can change how you process negative emotions:

  • Journal putting your thoughts to paper has been shown to decrease worries and increase your ability to focus. The act of writing helps remove you from a situation and makes it less personal.
  • Shift your focus to include your past successes. Focusing on what you have accomplished provides a wider perspective which can keep the “imposter syndrome” in check.
  • Step back from the problem to give yourself time and space to move past the emotion. Once you can reframe the situation, you can dissect it and figure out what went wrong. Expecting perfection is not realistic. Improvement comes by making mistakes and learning from them, which increases your success in the future.

By separating yourself from your emotion, you can find practical solutions. Step aside and allow yourself to achieve greatness by not worrying about what other people will say or think. It is not important whether they like you What really matters is that you like yourself. Being able to accept your areas of weaknesses and follow your passion is not easy, but it will lead to contentment and self-satisfaction. It may seem like an uphill battle, but it gets easier as you change the way you view yourself and the world.

Try to:

  • Learn to trust yourself. Don’t rely on other people to measure your worth.
  • Figure out what you are passionate about and follow your dreams.
  • Accept things as they are, without judgment. Replace emotion with analysis.
  • Eliminate ‘should’ and focus on what you have done or will do. This removes the pressure to fit someone else’s expectations and permits you to be yourself.
  • Carrying a grudge can weigh you down. Leave the past behind.

We are all unique. Be proud of who you are, find things that give you joy and follow your passion – love yourself for who you are!

This contributed article was written by guest writer, Suzanne Weston, Diversity Program Director,  IW Consulting Group. IW Consulting Group provides a supplier diversity program and diversity and inclusion consulting. For more information on consulting services and other diversity topics, click here (www.iwconsultinggroup.com) to connect with one of our expert consultants.

ConnXus Develops new Supplier Certification programs

MASON, OhioApril 10, 2019 /PRNewswire/ — “As an innovator in the Supplier Relationship Management (SRM) space, we’re thrilled to announce the launch of our new supplier development program myConnXion® Business Center (myCBC) and the new ConnXus Verified & ConnXus Certified programs,” says Daryl Hammett, COO/GM. Along with two new partnerships, we continue our commitment to excellence, delivering resources to help you grow your business. myCBC helps businesses of all sizes and diversity status prepare for the right buyer opportunity. With our network of affiliatesand a robust knowledge base, we can help you improve your branding, project management capabilities, financial know-how, and more. Our in-person events & upcoming online webinars provide great opportunities for networking and development.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8525251-connxus-supplier-risk-protection/

Get ConnXus Verified™ & Certified™

Registration in myCBC is free. With a tiered membership option, we have flexibility. Just sign up with your company profile at mycbc.myconnxion.com. Certified diverse suppliers can become ConnXus Verified, an in-house credentialing program that “verifies” your current diversity certification so buyers do not have to. Simply upload your existing diversity certification and follow the simple steps in our application, myConnXion, and gain access to procurement professionals within our community. Coming soon in the summer, we’ll offer our own diversity certification process (ConnXus Certified) so you can rest easy knowing buyers have access to your most up-to-date supplier profile.

How Does Your Business Stack Against the Competition?

Buyers have become more attuned to mitigating supplier risk. Our Risk DeteXion product allows organizations to quickly and thoroughly vet potential business partners. For suppliers, we offer Risk Scorecard, a high-level supplier financial risk assessment that benchmarks your risk score against the industry standard and helps you stand out from the crowd.

Get The FISASCORE® Advantage

Our new partnership with SecurityStudio brings the power of FISASCORE to your fingerstips. FISASCORE is a self-assessment tool that analyzes your company’s security standards and provides an estimate of your security risk. Trusted by companies large and small, FISASCORE uses industry standards to identify vulnerabilities, control gaps, and threats to your organization’s administrative, physical and technical controls. The end result is a score from  300 to 850 that can be used as a standard way to easily communicate your organization’s security to potential buyers. With the integration of SecurityStudio solutions, we enable you to get your score, find your company’s pain points, and get a security action plan all within myConnXion.

“We are very excited about our relationship with ConnXus. They have an outstanding reputation in the supplier management space, and our integration will provide real value to our mutual clients. Integrating FISASCORE™ with the myConnXion® platform provides clients with the most complete supplier management solution in the market.”

Learn the Sourcing Process with SIG

We’ve partnered with Sourcing Industry Group (SIG) and SIG University, a comprehensive certification program for sourcing professionals. Through our partnership, we’ll offer suppliers access to SIG University’s Certified Sourcing Professional courses in the following topics: Statement of Work, Intro to RFX, Implementation Planning, Project Management, and Negation Preparations.

“We believe this partnership is a great opportunity to develop and educate suppliers all over the world to become more competitive and beneficial to buyers,” said Dawn Tiura, CEO and President of SIG University. “SIG University is committed to offering a premier learning environment that focuses on enhancing the skills, competencies and performance of professionals in sourcing and procurement.”

All these offerings are an extension of myConnXion. We simplify the sourcing process by enabling cloud-based mobile supplier profiles to offer you more opportunities for global business connection. Excited for our supplier development opportunities? Sign up at mycbc.myconnxion.com or email mycbc-support@connxus.com to learn more.

About ConnXus
ConnXus is a SBE-certified business specializing in global supplier management solutions. We enable inclusive, transparent and risk compliant supply chains, connecting buyers and suppliers to foster strategic business growth. Our supply chain ecosystem myConnXion allows suppliers to mobilize their profiles and connect with businesses at anytime, from anywhere in the world. Create your free company profile today.

About SecurityStudio
SecurityStudio Inc headquartered in Minneapolis, is a SaaS-based product company that provides a holistic integration platform for the information security industry and builds software tools to help organizations measure and improve their information security programs. FISASCORE™, the flagship product, assesses the physical, administrative and technical controls of organizations. It generates a quantifiable risk score and report with recommendations on how to improve information security. VENDEFENSE®, a third-party risk management work-flow and automation tool, helps organizations measure and manage third-party and vendor security risk.

About SIG University
SIG University is the premier training and certification program for sourcing and outsourcing professionals looking to enhance their practical experience with the latest sourcing thought leadership. SIG University was founded on the ideals of elevating the sourcing profession to deliver strategic value to the corporation, and is the only sourcing, supply management and risk certification designed and delivered by seasoned sourcing practitioners.

SOURCE ConnXus

myConnXion Business Center

Introducing myCBC: Boost Your Business Today!

Introducing myCBC: Boost Your Business Today! In today’s world, it can become increasingly difficult to differentiate yourself from the competition. Buyers and suppliers are always looking for more cost-effective and efficient ways to improve their business services. With myCBC (myConnXion&#174 Business Center), buyers and suppliers have a single location where they can connect with each […]

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Putting the “R” Back in “SRM”

 

At ConnXus, we’ve worked with countless buyers and suppliers ranging from global fortune 500s to small and diverse businesses. One of the biggest opportunities we consistently see between buyers and suppliers in the B2B space is the ability to boost Supplier Relationship Management (SRM).

Successful SRM is a pivotal milestone in maximizing the value of your supply chain. Developing relationships with your suppliers can help foster collaboration, drive innovation, and impact your bottom line. What makes you different from your competitors? Together with your suppliers, the story of your procurement spend and impact can be told in a way that gives you a competitive market edge. Streamline your sourcing strategy with a focus on SRM. To begin, consider the important role technology plays in strategy.

Tomorrow’s Technology for Tomorrow’s Needs

Yesterday’s technology no longer works for the type of data and the scope of work that has been increasingly demanded from the sourcing and procurement function. Old ERP systems are often cumbersome with high overhead costs, bulky and slow while limiting the business users with archaic functions. Today’s Internet of Things (IoT) connected devices, cloud-based databases, and mobile supply chains are making a global impact on the buying industry. SRM technology allows you to process your relational supplier data quickly and effectively, combining diverse and non-diverse suppliers in a secure, one-stop repository. APIs allow your software to speak to each other and deliver robust information, giving autonomy to business users. Demand more from your technology.

We Put the “R” in “SRM”

We’re aware of the importance of building buyer and supplier relationships. Relationships play a vital role in strengthening business reputation, processes, and delivery of goods and services. We challenge you to think about your organization’s third party suppliers and services. Can you help them develop their scope of work? Are they anticipating your needs? Are you mitigating supply chain risk together? Transparency and communication go a long way into strengthening both of your brands. Thinking of suppliers as a value add instead of a contractual business partner ultimately leads to more satisfied customers and fueling business growth.

To fill the gap in the market, we’ve developed myConnXion, a new supply chain ecosystem that makes it easier than ever to connect with businesses. With a click of a button, suppliers can connect with buyers at anytime, anywhere in the world. Learn more at: https://connxus.com/myconnxion/ or register for a free company profile at https://myconnxion.com/user/login

Whatever your goals, it’s time to make things happen!

Whatever your goals, it’s time to make things happen!

Life is precious, you have only one opportunity and there is no re-do button. You never know what the future holds, or what’s hiding around the corner until you get there.

What does ‘time waits for no one’ mean to you? Until recently, it was just another wise saying my mother shared. While I felt the need to move forward, I did not realize the importance of keeping my actions purposeful and directed, and I slowly drifted off course. By not taking full ownership and accountability, I allowed relationships to lapse while I concentrated on my career. In the process I lost my sense-of-self and drifted from my passion. Now, I am beginning again…focused on creating a brighter future, sharing my journey and the knowledge I gained along the way.

Become the change you want to make

The road less traveled is filled with unexpected curves and hurdles, but the path forward is always just one step ahead.  Don’t give up.  If you go off course, readjust and continue forward.  Set approach goals.  Approach goals motivate you to achieve positive outcomes, rather than to avoid risk. Reframing your view increases your chance of success and reduces stress.

Women and men are different

Women strive for perfection more often than men. They idealize the ‘perfect-normal life’ (which does not exist). But like any insecurity, conquering these views requires re-wiring your view of the world. It’s normal to be nervous (especially if you are the only women in the room) but interpreting the jitters as excitement can propel you forward.  Change the narrative to change your perspective.

This internal dialogue is often the thing holding women back. The associated self-doubt is limiting. To avoid rejection, women do not apply for jobs unless they are 100% qualified as compared to men who apply with only 60% of the qualifications.  Hillary Clinton offered advice: “Too many young women are harder on themselves than circumstances warrant. They are too often selling themselves short. They too often take criticism personally instead of seriously.” Learn to trust yourself, to laugh at your yourself and to gracefully recover from mistakes.

View mistakes as learning opportunities, some of the greatest discoveries were accidental, for example the maker of Coca-Cola was intending to create a pain killer, and penicillin was found when a petri dish was left out. The key is to keep an open mind, discover their potential and move forward.  And never blame yourself, mistakes will happen, learn from them.

Get on your feet

It’s time to make things happen. While this does not mean throwing caution to the wind and acting impetuously, it does require taking risks and following your passion. Women take calculated risks, and operate better under pressure than men. Apply this to charting your road forward.  Weigh the options and act. The hesitation to act can hold some women back.  To overcome your inhibitions, once you make up your mind, don’t delay, count backwards from three and act.

Are you in the right place? This requires sole searching, reconnecting with yourself and freeing yourself to act.  A recent survey found that 59% of working adults and 73% of professionals in their thirties were unhappy with their careers. When my work and my passion were aligned, I was energized. I felt a sense of purpose and value.

Is it time?

There is no right time to act. Every chapter presents a different set of challenges. If you know what you want, (you are ahead of the game) establish a plan of action.  Deciding not to make a plan is a choice that lets destiny and circumstance take control. I navigated my early career without a guiding star and it left me unfulfilled. It’s like taking a trip without a destination.  You will arrive somewhere, but this may not be the optimal path. Learn from me and have a plan! Making a plan allows you to make informed decisions, weigh options and measure progress. Track your progress, make mid-course adjustments and ask for guidance along the way.

If not now, then when?

I waited too long to make a change. Was it easier to do nothing? Probably. But there was a price to pay too. I sacrificed my happiness due to inaction. Why wonder what could have been when you can begin to live your dreams today? Life is precious, and you have only one opportunity (there is no re-do button) and you never know what the future holds, or what is hiding around the corner until you get there.  It’s time to make things happen!

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