Procurement executives see predictive analytics and the Internet of Things as revolutionary for the supply chain, with many expecting the technologies to have a major impact. That’s according to results of Xchanging’s 2015 Global Procurement Study which focuses on how technology is transforming procurement. Read More
Thinking about your next career step and what you really love doing? Consider this brainstorming technique: Take a trip down memory lane to your youth and revisit your favorite tools and toys. Read More
Generally optimistic about revenues and employment, procurement executives at midsized manufacturers are demanding flexibility and responsiveness in supply chains. That’s according to results of the 14th Purchasing and Manufacturing Survey of U.S. manufacturing companies by Prime Advantage, the buying consortium. Read More
It’s no secret that world-class companies sometimes work with consultants to transform procurement or take the function to the next level. Many are successful at partnering with these firms; together they deliver value in cost savings and other benefits to the organization. But, what happens once the engagement is over? 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.
SciQuest has opened its Supplier Network to include all vendors and has streamlined the registration process, making it easier for new suppliers to join. In this podcast, Nikita Saharia Chaturvedi talks to Lindsay Sloan, Product Marketing Manager, about the news and what it means for suppliers and procurement. Sloan says the move will ultimately help procurement to increase spend under management, a goal for many organizations.
Nikita Saharia Chaturvedi talks to Paulo Moretti, Principal at PM2Consult.com and My Purchasing Center blogger, about his three-part series of articles on the global chemicals and plastics markets. In the interview, Moretti previews the articles, highlighting important points, discusses what procurement needs to do to select a supplier, and offers advice going forward on developing sourcing strategy for plastics.
Nikita Saharia Chaturvedi
Recently we spoke with Jay Hardingham, Vice President at Buy Rite Technologies, on his way to present at the 2015 Kentucky League of Cities (KLC) Conference and Expo. He explains how his company’s services are helping procurement pros working in two import… Read More
George E. Krauter
Is this confusing or what? Why not recognize success and failure, the good and the bad, and simply follow the good. The problem is that trying to guide associates away from the bad and to the good usually does not work because many need to experience the b… Read More
At 50.2%, the PMI is down 0.9 percentage points from the August reading and is at the lowest point of the year, but it also indicates that manufacturing is growing and has been for 33 consecutive months. A PMI reading above 50% means the manufacturing econ… Read More
From reporting on the procurement and supply profession for more than 25 years, I know that the word “outsourcing” used to have scary connotations for some. But, as the procurement function transforms into a strategic value-add for manufacturing and other … Read More
Staples Advantage is the one supplier that offers all the business solutions you need, all with the expertise of a specialty vendor. 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
Graduate students at the MIT Center for Transportation & Logistics used actual shipment data to develop a more accurate methodology for calculating Less Than Truckload (LTL) carbon emissions.
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…
From a risk management perspective, procurement must not only coordinate with other enterprise stakeholders to collect and address a range of contractual compliance factors but also take responsibility for them in an actionable framework.
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…