It is vital that machine shops and other manufacturers have in place detailed production planning processes to assure that work begins on time; deadlines are met; machines, tooling, and other equipment are ready for operation; supply-chain logistics are set; and quality products are delivered on schedule to customers or directly to the market. Read More
Nikita Saharia Chaturvedi
The Government of Canada has renewed its purchasing card contract with BMO Financial Group (BMO) and MasterCard, its purchasing card suppliers for the past 11 years. BMO’s purchasing card provides payment options that streamline procurement processes by cutting costs, eliminating paperwork, maximizing working capital, and strengthening supplier relationships. As a result, the federal government can improve spend policy management and compliance. Read More
Heading into 2015, procurement and supply leaders can feel good about the economy and commodity prices. That’s the word from the IHS executives and analysts who led presentations at the IHS Pricing & Purchasing Summit held recently in Washington, D.C. More than 150 procurement and supply leaders attended the event hosted by the global market information and analytics company. Read More
Nikita Saharia Chaturvedi
The capability of sourcing operations and supply chain management should always be evolving, foreseeing a significant increase in opportunities and challenges in our supply chain on a regular basis, says Stephen Fischer, Director of Procurement, Colgate Palmolive, speaking to procurement professionals attending a session at Zycus Horizon 2014 recently in Amelia Island, Fla. 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 government of Canada has renewed its pcard contract with BMO Financial Group and MasterCard. What does this mean for procurement and supply managers? My Purchasing Center’s Nikita Saharia Chaturvedi asks this question of Steve Pedersen, Vice President, North American Corporate Card Products at BMO. Pedersen responds with a host of reasons--why procurement may want to take a new look at cards.
Do you like the article, Implement Cost Solutions Before the Downturn, written by Jimmy Anklesaria? My Purchasing Center talks with Anklesaria about the article, and no, he’s not a harbinger of bad news, but a student of history. He shares ideas for preparing for the inevitable change in the business cycle, including discussion topics for conversations with employees and suppliers.
I believe there is a sustainable role for Procurement, but it will be quite different from the role of the past and it will encounter competition from others also seeking self-preservation. It also demands a radical shift from the control and compliance me… Read More
The question that anyone interviewing must ask themselves is “Am I going into this process with a good attitude?” It’s much harder than it sounds because it requires an honest self-evaluation that is not always easy to measure. Let’s face it, most of us th… Read More
If negotiators remain fixated on winning points and gaining concessions, it means they will generally fail to establish the on-going governance and performance principles necessary for success. It also creates an environment where cooperation is threatened… Read More
The program featured an extremely talented and successful CPO. He explained that his ability to contribute increasing value to the business was being achieved in large part through the development of talent and skills within the Procurement function. But h… Read More
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 Advantage is the one supplier that offers all the business solutions you need, all with the expertise of a specialty vendor. Read More
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…
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…
Let’s call 2020 the Year of the Category Manager. By then, more companies will turn to these leaders in Procurement for their expertise at developing corporate strategy—and those with skilled Category Managers on their teams will have an edge on the competition. That’s the thinking of the CPOs, P…