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
“It’s like a mission control center for our operations,” says Tom Linton, Chief Procurement and Supply Chain Officer at Flex. “We monitor all our supply chain, from demand to supply, in one room. I can drill down and inventory on any site. I have Tandberg live video feeds, I can look at customer and supplier data, I can look at quality. I can drill down into any issues. It’s way beyond anything NASA ever had.” Read More
Beginning his presentation by humbly admitting he didn’t think he had much to teach a roomful of supply chain management and logistics professionals, Eugene Campbell, Vice President--Supplier Diversity at The Walt Disney Company, ended up tying together topics discussed at many of the sessions held during the 8th Annual Supply Chain Management Summit recently at Bryant University in Smithfield, R.I. 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.
Procurement pros don’t like uncertainty—especially when it comes to price. Volatility hampers their ability to budget and can lead to supply chain risk. Cameron Roark, Procurement Research Analyst at IBISWorld, offers advice in this podcast interview with Nikita Saharia Chaturvedi: The first step in securing a budget is to identify the products and services most at risk of price volatility, he says. Roark also describes current pricing trends for diesel and ethanol and some technology products.
A new study by The Smart Cube finds that 69% of supply chain and procurement executives at global companies are concerned about the financial health of suppliers, and see this as one of the biggest risks going into the next quarter and beyond. Vice President of Procurement and Supply Chain Dan Quinn describes results of the study and offers advice for procurement in this interview with Nikita Saharia Chaturvedi.
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
Nikita Saharia Chaturvedi
About 10 years ago, Andy Kohm, an engineer by trade, was working in R&D at a small company searching for suppliers when he became frustrated by the process. Some suppliers, he says, were great. Others simply didn’t meet his expectations. He felt the proces… Read More
Supplier Relationship Management is a disciplined planning process for managing and developing suppliers in order to maximize the value of strategic sourcing. On the other hand, Supplier Integration is driving new ideas and new solutions upfront in the sou… 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
In the white paper, Winning Influence, the Roundtable examines topics critical to sourcing complex categories such as procurement model, internal communications, relationships with suppliers and performance metrics.
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.
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…
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,…