“Negotiate hard, but maintain the relationship,” is one suggestion offered by Jonathan Hughes, Partner and Strategic Sourcing and Supply Chain Management Practice Leader at Vantage Partners in Boston, Mass., in his presentation, Advanced Strategies for Extreme Negotiations with Suppliers. Read More
Source One Management Services
Let’s face it, Procurement personnel are not always the most popular people in the office. Procurement is commonly viewed as only being interested in cutting costs no matter the consequences for that department. There are some departments that are more resistant to Procurement than others Read More
The Walmart executive in charge of an ambitious plan to buy more products in the U.S. told My Purchasing Center that the program is “on plan,” but faces its steepest challenge in the next 24 to 36 months. Read More
Being a trusted advisor means having an ironclad grasp of information. So it’s no surprise that procurement executives interviewed by The Hackett Group say they will invest heavily in learning everything about big data. Being seen as an agile performer means having skills many don’t yet have. And so, those same execs report they will renew training and development efforts to close these capability gaps. Read More
In this 60-minute training video session given by Rod Sherkin, President of ProPurchaser, you will learn how to work more constructively with suppliers to drive down costs together, while strengthening your supply chain.
In part 4 of the Source One video series, Kathleen Jordan completes the discussion on marketing and sourcing with a case study that demonstrates how sourcing can benefit from partnering with a consulting firm to address marketing’s needs.
In part 3, Kathleen Jordan at Source One describes how sourcing can support marketing during its agency review process. She provides best practices for the two to use when conducting an agency search.
ISM CEO Tom Derry talks to Nikita Saharia Chaturvedi about the 100th birthday of the Institute for Supply Management and its upcoming celebration May 3-6 in Phoenix. In addition to Robert Gates, the conference boasts of sessions by practitioners for practitioners and an exhibit hall with more exhibitors than ever before. Derry also looks at changes in the profession and ahead to the next 100 years.
Nikita Saharia Chaturvedi interviews Bindiya Vakil, Resilinc Founder and CEO about the mission of the newly formed Global Supply Chain Resiliency Council and recipients of its recognition program. Vakil also speaks to the importance of supply chain resiliency and how the council assists supply chain pros with building awareness for this discipline within their organizations.
That leaves a supplier wanting either to pass all resultant costs onto Microsoft, or of having to accept a potential hit on margins. It will be interesting to discover how Procurement has been instructed to deal with these situations and in what way their … Read More
Nikita Saharia Chaturvedi
The Global Supply Chain Resiliency Council may help leaders in procurement with an issue that has challenged them for a while: Measuring and recognizing corporate initiatives that manage risk. Read More
Nikita Saharia Chaturvedi
As ISM CEO Tom Derry tells My Purchasing Center, the Institute for Supply Management’s annual conference, ISM2015, caps 100 years for the organization--and recognizes the birth of a profession that continues to thrive. Read More
Supplier development can be defined as “working collaboratively with critical, strategic, and high-potential suppliers to improve the capabilities and competitiveness in the areas of cost, quality, time and technology for the mutual benefit of both the cus… Read More
The work and purpose of the Purchasing Management Association of Boston today reflect the early intentions of its founders to "create acquaintance and foster the exchange of knowledge." Read More
It started in 1972 with an idea, a new concept in distribution. Today, Digi-Key Corporation is one of the fastest-growing electronic component distributors in the World. The stimulus for this growth is Digi-Key's customer-centered business philosophy… Read More
Large corporations perform supplier governance for strategic services in silos – segregated by department, contract, geography or type of service. Where governance processes exist, they are largely manual, often performed by poorly trained and insufficient staff through various incompatible systems,…
More shippers today appear to be outsourcing some or all of their logistics. How does a company decide that outsourcing logistics is the right choice? This white paper can help companies decide, set reasonable expectations for what outsourcing can contribute to the organization, and how much of a ro…
Spend management encompasses the entire purchasing lifecycle—from sourcing goods and selecting suppliers to setting up contracts and paying suppliers—and helps buyers take a holistic view of procurement from a competitive vantage point. That’s the definition of spend management we use to develop…
Air cargo can be an important and highly efficient component of today’s optimized supply chain. For many products, markets, and industries, air cargo is the critical link that allows organizations to respond to customer demands in a timely manner. Multiple air shipment options, as well as advancemen…