The Hackett Group
The shift to a sustainable supply chain typically requires a sizable upfront investment as well as a significant change in the culture of the organization. However, current research indicates that the business case for more sustainable business operations is quite strong. The noted benefits include the ability to reduce costs significantly with the potential to increase revenue through innovation and enhanced market demand. Read More
ProcureCon and My Purchasing Center are now accepting nominations for the 2016 Excellence in Purchasing Indirect Categories Awards. The deadline is October 30, 2015. The two will present the 2016 EPIC Awards at a luncheon ceremony during ProcureCon Indirect East in Orlando February 22-24, 2016. ProcureCon and My Purchasing Center founded the EPIC Awards in 2013 to recognize procurement and supply professionals who demonstrate excellence at managing indirect spend categories. Read More
Hearing the phrase “price volatility” can make any procurement professional feel uneasy. Volatility in the prices of products and services that companies use can lead to supply disruptions, as well as complicate price negotiations and the purchasing process. Moreover, price volatility is not native to any one industry Read More
While networking preparation is a key component, it’s also important to remember that the best conversations happen when we allow for a natural, unscripted flow. Our prepared questions should serve as a guide. If we try to control the conversation too much, we may actually miss opportunities to connect and learn. We could miss out on the unexpected. 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.
With due diligence, a manufacturing plant with 50 workers can succeed in Mexico, Scott Stanley, Senior Vice President at North American Production Sharing (NAPS), tells Nikita Saharia Chaturvedi in this podcast that examines some of the things procurement leaders need to think about when considering outsourcing. Stanley also shares ways to reduce some of the complexity involved in making a move.
My Purchasing Center talks to Bill Michels, Founder and CEO of Aripart Consulting, about how what’s happening with the Chinese economy may affect procurement in North America and steps to take to help manage supply chain risk. Michels puts the economic news in perspective, lays out his advice in five manageable steps and explains why it may be best for procurement to prepare for the worse.
“Some would say lackluster, but I would say modest,” said Bradley J. Holcomb, Chair of the ISM Manufacturing Business Survey Committee, of growth in the manufacturing economy based on the PMI for August 2015 released on September 1. As he does each month, … Read More
We caught up recently with Bill Michels, CEO at Aripart Consulting, to see if he would make sense of the business and economic news coming out of China for our us here at My Purchasing Center. Michels, as many of you know, is a purchasing and supply chain … Read More
ISM-Greater Boston members who took their lunch hour together online recently got the opportunity to share knowledge and experience of implementing and using purchasing card programs. Agreeing that it was an hour well spent, these leaders in procurement an… Read More
Nikita Saharia Chaturvedi
My Purchasing Center conversed with the Global Head of Textile Coatings at Bayer MaterialScience Nicholas Smith about the new waterborne and solvent-free polyurethane coating technology for textiles, INSQIN®, with a Partner Manufacturer Program that seeks … 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
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
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…
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…