• The Evolving Role of Procurement in a Digitized World

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    The Evolving Role of Procurement in a Digitized World

    Digitization-inspired trends are reinventing the way you, as procurement professionals, interact with peers and suppliers. As your careers evolves we want to make sure you excel, especially during this period of important technology breakthroughs.

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  • How Spend Management Platforms are Facilitating a Transition to Data Driven Procurement

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  • Procurement “Digitization” Efforts: Ready for Prime Time?

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Latest Articles

The Road to Profitability: Uber’s Play for a Driverless Future

Guest Editor

It’s arguably the most important legal fight of the year: Waymo, Google’s since-spun-off driverless car division, is battling Uber over allegedly pilfered trade secrets and information. The two companies are fighting in a space increasingly Read More

The Evolving Role of Procurement in a Digitized World

Dennis Bouley

Digitization is redefining the boundaries and expectations for procurement. We see it every day in the growing use of digital technologies to generate revenue, improve partnerships, and Read More

Platforms Now Enable Closer Procurement and Supply Chain Integration

Dennis Bouley

Procurement is not as efficient as most business executives want it to be. The inefficiencies occur as a result of a number of variables that don’t always necessarily align: Read More

How Do You Define Spend Under Management?

Guest Editor

How do you manage performance of a procurement organization? Savings delivery? Project execution? Supplier management? Lots of metrics can be used to measure Read More

Latest Podcast Episodes

Buy Local and the Supply Chain: What Procurement Can Do

My Purchasing talks to Peter Cook, Vice President of Procurement and Supply Chain at The Smart Cube, about the rise of nationalism and how it could affect the supply chain. As he sees it, buying local may raise cost and could be “the catalyst that accelerates innovation” leading to more automation of internal processes as procurement leaders look at where and how they source. He offers tips for going forward.

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World Price of Crude Oil Volatile: How Buyers Can Manage

Ian Buchanan, Lead Procurement Research Analyst with IBISWorld, discusses the world price of crude oil in this inteview with My Purchasing Center. In it, he first examines current prices, which have been on a downward trend, then looks at where prices are heading over the next five years. Supply and demand will come into balance, he says, putting upward pressure on prices. To close, Buchanan offers buyers suggestions for managing the coming price volatility.

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Latest Videos

What is a Reverse Auction?

In this video, K2 Sourcing provides perspective on reverse auctions for procurement. If you take one thing away from this presentation, it is that a reverse auction is one of many tools to help automate the strategic sourcing and, ultimately, the category management process.

Latest Blog Posts

Getting the Purchasing Information You Need When You Need It

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Paulo Moretti
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Purchasing professionals have two core issues when looking to refine a supply strategy for their commodity: understanding the market and determining their best approach. Read More

Ask the Expert: How Master Data Management Tools Impact the Efficiency of Supply Chain Management

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Jim Baehr
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Many data management tools exist across the procurement supply chain. Deciding to migrate to one of these Master Data Management environments can present a number of challenges. In our “Ask the Expert” column Read More

Use Gamification Principles to Improve Supplier Relationships and Collaboration

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Tom DePaoli
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Many organizations rely on close relationships with key suppliers to insure competitive success. Gamification tools offer an opportunity to not only improve the relationship but to Read More

The Purchasing MRO “Mumpsimus”

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George E. Krauter
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Mumpsimus is defined as: “The adherence or persistence to an erroneous practice out of habit or obstinacy…A person who persists in a mistaken practice.” Read More

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Supplier Profiles

Staples

Staples Advantage is the one supplier that offers all the business solutions you need, all with the expertise of a specialty vendor. Read More

Digi-Key

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

PMAB

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

Sponsored Articles

U.S.-Mexico Shipping Options

Abstract: Understanding what can happen at the U.S.-Mexico border with your truckload shipments could impact the decisions you make—and whether or not you will actually get what you pay for. By reviewing the process and your options, you will be able to develop better, more efficient strategies to …

Top Metrics for Measuring Procurement Performance

Tamr and My Purchasing Center are partnering to bring you some of the best information published on procurement performance metrics in a new guide. We selected these articles so you can benchmark what you’re doing at your company with what procurement experts are advising.

Must Have Information for Every Strategic Sourcing Manager

As we move into a 2016, it’s a safe prediction that buzzwords will continue to dominate the business world. 'Strategic sourcing' is one buzzword that has permeated the procurement function for the past 20 years, but is often hard to describe. Almost every large procurement organization claims to be …

Do "Preferred Customers" Really Receive Better Pricing and Service?

Anecdotal evidence and some qualitative research suggests that "favored shippers" - companies for which carriers prefer to haul freight - obtain better pricing and service. But do they? In this paper, Iowa State University researchers explain: How they sought to understand the voice of U.S. truck…