• The 2018 EPIC Awards: Recognition of Those who are Evolving the Procurement Profession

    View >>

    The 2018 EPIC Awards: Recognition of Those who are Evolving the Procurement Profession

    The EPIC Awards recognize and celebrate the most innovative, dynamic, and accomplished procurement leaders. This year, nominations will be accepted for individual and team innovation, rising stars, career achievement, and supplier excellence.

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

    View >>

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

    View >>

Latest Articles

How Procurement Can Better Manage Big Data and Enable Corporate Agility

Dennis Bouley

In the changing world of procurement, the boardroom is not the only influencer that is pushing the Chief Procurement Officer’s (CPO) agenda. Other factors like globalization, supply chain dynamics, more rapid trade, and Read More

In Procurement Circles, a Company is Only as Good as its Network of Suppliers

Guest Editor

Supply chain resilience and business continuity are close cousins. If one sputters, the other is immediately placed at risk. To avoid disruptions in business continuity, supply chain-induced risk events (such as products that are delivered late or products that, once delivered, are found to be defective) must be avoided. There is a direct Read More

Spend Analysis: Where’s the ROI?! 3 Responses to a Tough Question

Guest Editor

I’m no stranger to discussing all the great things in store for the Procurement team who spends the time to develop a solid spend analysis. Pat on the back, I’d like to think Read More

When tactical gains don’t translate into strategic victory

Guest Editor

In the iconic movie, Apocalypse Now, there is a famous battle where the helicopters swooped in on a village while playing 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.

Download Now


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.

Download Now


See all

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

Tips for Navigating Productivity-inhibiting MRO Supply Chain Silos

Photo of George E. Krauter

George E. Krauter
Read Bio

Conflicting goals within the silos of the ERP/EAM process are disrupting overall MRO productivity. To address the issue, the problem first needs to be acknowledged and then solutions Read More

Unit Price or TCO: Which Best Defines Optimum MRO Cost Recovery?

Photo of George E. Krauter

George E. Krauter
Read Bio

Does optimum maintenance, repair, and operations (MRO) cost recovery come from reductions in unit price or from decreases in total cost of ownership (TCO)? In many cases, Read More

Supplier Segmentation Tools Help Drive Procurement Productivity

Photo of Paulo Moretti

Paulo Moretti
Read Bio

The overall objective of supplier segmentation is to identify high-yield segments, that is, those segments most likely to be profitable or show good growth potential. According to Read More

Do Organizations Really Need a Management System to Achieve Their Financial Goals and Meet Objectives?

Photo of Guest Editor

Guest Editor
Read Bio

Throughout my consulting career, I have heard endless statements about management systems from directors and presidents, from organizations of different sizes, from all Read More

mypurchasing

@mypurchasing



Supplier Profiles

Sourcing Strategies Group

The Sourcing Strategies Group (SSG) was founded on the basis of being able to assemble the experience and expertise that can help Supply Management organizations achieve new levels of effectiveness, and value creation. 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

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 …

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…