• Market Analysis: Chemicals and Plastics

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    Market Analysis: Chemicals and Plastics

    With an extensive background in purchasing excellence and market analysis for chemicals and plastics, I am convinced that any purchasing personnel dealing with a strategic product must perform a strategic sourcing market analysis.

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  • Bioplastics Important Player in Sustainable Procurement

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  • Corrugated Packaging Price Forecast for 2015

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Latest Articles

Research Shows Overall Slowdown in Payments to Suppliers

Dennis Bouley

Despite the fact that many companies are generating more cash than in the recent past and are producing their highest working capital performance since 2008, the rate Read More

Metamorphosis of Best Cost Country Sourcing: The Future of Procurement

Guest Editor

A Fortune 500 pharmaceutical (pharma) company wants to negotiate with suppliers to manufacture syringe and in the process wants to find the best design and the BCCS strategy for the product. The geographical scope of the business case includes North America (NA), South America and Asia. Read More

Steel Price Forecast for 2017

Susan Avery

While rising raw material costs push up steel prices, market watchers suggest buyers not make big purchasing commitments heading into 2017. “Steel buyers do not want to lock in for more than six months because prices should start coming down in the second quarter of 2017,” says John Anton, Director, Steel Analytics, Pricing & Purchasing, at IHS Markit. Read More

A. Schulman Promotes Chief Procurement Officer Gary Miller

Susan Avery

"Gary is a consummate professional with a proven track record of driving increased operational quality and cost structure improvements," says Joseph M. Gingo, Chairman, President and Chief Executive Officer. "He will play a critical role in restoring A. Schulman's operational and financial performance worldwide.” Miller will report to him. Read More

Latest Blog Posts

Not What Was Expected

Jim Baehr
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What do suppliers think of Supplier Relationship Management? It became painfully apparent that the Sales contingent in the audience wasn’t buying into the purpose and value of SRM. “It doesn’t work.” “It’s not what the Purchasing people do.” The harshest remark - “It’s punitive.” Read More

Supplier Value Analysis Program Helps Improve Relationships

Charles Intrieri
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Procurement: As part of your strategy to increase supplier involvement and collaboration in product improvement, cost reduction and continuous improvement activities, you should consider a Supplier Value Analysis program. This program is part of a long-term objective to establish and improve business relationships with suppliers built on trust and open sharing of information and ideas. Read More

Trust Your Suppliers, Not Their Data

Rod Sherkin
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Of course you need to trust your suppliers: their products, delivery, quality and service. Makes sense or why would you want to do business with them? But that trust should not extend to the data they provide to support price increases! It's like asking the proverbial fox to guard the henhouse. Read More

Negotiate with the Right Data

Rod Sherkin
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Researching suppliers' costs before renegotiating prices is standard practice in our profession. What isn't standard, however, are the data we use to support our arguments. The best data are reliably sourced cost trends, trends that relate directly to the raw materials suppliers actually buy. Read More

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Sponsored Articles

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.

Beyond the Boundaries of Sourcing-Category Managers Emerge as Leaders

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…

Managing Your Safety Program

Safety must be a top priority in any workplace. As an employer, it is your responsibility to manage and maintain a safe and healthy workplace for your employees and visitors. However, managing compliance, keeping OSHA logs and documenting audits for the work environment can be cumbersome tasks. With…

Supply Chain Logistics as a Driver of Business Strategy & Profitability

Your Supply Chain Can Drive Strategy How can you keep up with fast-changing customer demands? In this new white paper, find out how some organizations are seizing upon the customer’s need for speed to make their supply chains more flexible, drive business goals faster, and create a better experi…