• Procurement Priorities for 2016

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    Procurement Priorities for 2016

    Managing costs is always procurement’s responsibility, and, in uncertain times, it is the priority. Such is the case currently as reported in The Hackett Group’s 2016 Procurement Key Issues Study.

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  • Nonferrous Metals Price Forecast for 2016

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  • Purchasing Risk Management Tool

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Latest Articles

Using Quartile Analysis as a Negotiation Tool to Evaluate Supplier Quotes

Anup Varghese

A guide to driving down supplier price quotations using a simple Excel-based quartile analysis framework. Read More

When Investing in Marketing Means Investing in Technology

Source One Management Services

This is an ideal opportunity to leverage strategic sourcing and procurement departments in aligning marketing’s vision with IT’s requirements. Like with any other strategic sourcing initiative, stakeholder engagement is critical, especially when it comes to an investment that impacts an organization a whole Read More

ISM2016: Big Rewards, Little Risk for Procurement and Supply Management

Susan Avery

ISM2016 consists of keynote presentations, educational sessions, including some that presents an in-depth look at specific procurement topics, the R.Gene Richter Scholarship and other award programs, affiliate and group meetings, networking and an exhibit hall. There are also pre- and post-event training sessions. Attendees received 21 continuing education hours (CEH) to use for their Certified Professional in Supply Management (CPSM). Read More

Indirect Procurement ‘Game Changer’ at Mondelēz International

Nikita Saharia Chaturvedi

Upon receiving two awards honoring professional excellence in procurement—the 2016 EPIC Team Award and a companywide CPO Award— Andrea Sordi, Senior Director, Global Procurement, Business Services and IT at Mondelēz International, is quick to recognize the support of the executive team. Read More

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.

Achieve Competitive Prices without Bidding

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.

Marketing and Sourcing Collaboration Part 4

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.

Latest Podcast Episodes

What’s New for Procurement at Coupa Inspire16?

Nikita Saharia Chaturvedi catches up with Gabe Perez, Vice President of Strategy and Market Development at Coupa Software, after participating at the customer event, Coupa Inspire 16. Perez describes news coming out of the event including Coupa Release 15, a Contract Collaboration module and other innovations. He also briefly previews a new book by CEO Rob Bernshteyn, Value as a Service: Embracing the Coming Disruption.

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CEO Tom Derry on ISM2016: Take Advantage of Networking

The Institute for Supply Management’s Tom Derry previews ISM2016 taking place May 15-18 in Indianapolis in this podcast interview with Nikita Saharia Chaturvedi. Derry shares information on keynote Alan Mulally, former CEO of Ford, who is speaking on supply management’s role in the automaker’s turnaround. Derry also suggests attendees reach out to emerging professionals at the event to encourage them in their careers.

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Latest Blog Posts

What You Need to Know about Cloud Procurement Software

SMART by GEP
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Sponsored Content. With a cloud-based approach, procurement doesn’t have to act like IT. It doesn’t need to think about technical architecture or upgrade paths, or even features and functions. Procurement chooses a cloud solution and uses it as aggressivel… Read More

Disruptive Leadership and Supply Management

Photo of Jim Baehr

Jim Baehr
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“Managers in our line of work are always too conservative.” This was a statement overheard in an exchange between two supply management professionals. Unfortunately, the perception is that buyers and their management are conformists. To be sure, it’s a pro… Read More

Procurement: Are You Ready to Become a Device?

Photo of Paul Blake

Paul Blake
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In procurement software we’ve yet to see any real automation in this sense, but perhaps it is coming. So far, the removal of human activity from the process has largely been around the choreography of documents, whether that is the sending and receiving of… Read More

Considering S2P? Define Success First

SMART by GEP
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What’s best practice for selecting and implementing a source-to-pay platform? How should companies frame and articulate benefits and improvements they’re looking for in S2P apps? Read More

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Supplier Profiles

Lunney Advisory Group

Lunney Advisory Group was founded in 2007. Our firm is not your typical consulting company. Some members of our firm are highly qualified and experienced industry executives/practitioners while others are full time or adjunct university professors.… Read More

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

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 …

Procurement Party like 1999

A comprehensive study done by AT Kearney in late 2014 showed that 75 percent of procurement organizations have not improved their productivity since 2011. This seems hard to believe given procurement’s constant push for efficiency gains, declining commodity prices, and the rise of technology designe…

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 …

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.