Ensure that all negotiation team participants play their respective position and under no circumstances should any member of the negotiation team meet independently, with any of the competing suppliers, for any reason. Such a clandestine meeting will derail the negotiation process and undermine the effort. Read More
“This new role is really about finding suppliers, and using third parties to come up with different ideas and perspectives” says Craig Demarest, Senior Director, Strategic Innovations Group at RJ Reynolds. “It’s a natural transition” from his role as a leader in procurement. Demarest also finds himself consulting with universities and engaging other third parties for ideas Read More
The Supply Chain Management Summit was established in 2008 when Banneker Industries, in partnership with the John H. Chafee Center for International Business, Rhode Island Economic Development Corporation, Rhode Island Manufacturing Extension Service, and Institute for Supply Management (ISM) - Greater Rhode Island set out to educate businesses in Rhode Island about how the supply chain affects their specific industries. Read More
“No longer are we in procurement and sourcing working on a tactical transaction basis,” says Mary Kachinsky, Vice President, Strategic Sourcing and Operations at FORMA Therapeutics in Watertown, Mass. “We are working with strategic partnerships, collaborating with the supply network.” 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.
The Horses for Sources 2015 Blueprint on Procurement as a Service named Xchanging to the Winner’s Circle, its top rank for providers. MPC’s Nikita Saharia Chaturvedi talks to Doug Fullenkamp at Xchanging about this recognition which considers execution and innovation. The two also put it all in perspective for procurement practitioners.
My Purchasing Center Contributing Editor Nikita Saharia Chaturvedi talks to Allen Jacques, Vice President of Pharmaceuticals at Fusion Ops, provider of supply chain analytic applications about a new suite designed for the pharmaceutical industry. He outlines challenges specific to the industry—complex supply chains is one—and describes features of the new suite. He also discusses benefits of cloud solutions.
A purchasing leader should take the time to understand the strengths, skills and talents of their professional team and mesh them into the goals and tasks of the organization. The key point is to give purchasing professionals clear chances to succeed by us… Read More
Can purchasing use any elements of broken-windows theory to be more effective? Yes, it can. Unfortunately, many organizations are not empowering employees, quite the opposite, they are ignoring them or at war with them. Read More
Nikita Saharia Chaturvedi
FusionOps, provider of supply chain analytic applications, recently announced FusionOps Pharma, a new analytics suite specifically designed for the pharmaceutical business. The new cloud solution provides pharmaceutical companies with an end-to-end view of… Read More
Most purchasing professionals have never heard of appreciative inquiry. It is a systematic discovery process to search for what is best or positive in an organization or its strengths. These strengths are then improved upon to create an even stronger and m… 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
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,…
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…
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.