ProcureCon Direct - Need to update yourself on the future of direct procurement and the impact of incoming millennials on your industry? Read More
No company is immune to software audits. Poor leverage with top software vendors, suppliers’ focus on audit income as a source of additional revenue, complex software contracts and licensing models, Read More
Kraljic asks how a company can “...guard against disastrous supply interruptions and cope with the changing economics and new opportunities brought on by new technologies? What capabilities will a profitable international business need to sustain itself in the face of strong protectionist pressures?” Those questions remain top of mind to business leaders grappling with disruptions from natural disasters, rapidly changing technologies, the digitization of business and shifting geo-political alliances. Read More
A new report, Is Your Luck Running Out? Managing Supply Risk in Uncertain Times, by A.T. Kearney and Rapid Ratings International, describes the current state of procurement involvement in supply chain risk management activities, potential risks that could affect the supply chain, and ways procurement can begin to better manage risk. Read More
Bill Michels of ISM, ADR North America and ISM-ADR China talks to My Purchasing Center about innovation and something few in procurement are preparing for--succession planning. What will companies do when Baby Boomers retire?
What is Procurement to do with Big Data? D&B's Sakti Kunz and Jim Lawton respond to this question and others for My Purchasing Center. The two discuss D&B's new offerings that help manage risk including the Supplier Evaluation Risk (SER) rating.
David S. Yin
Apple’s value chain, from its inbound logistics and manufacturing through outbound logistics and marketing, all go through China in one way or another. Throughout the chain of activities, procurement plays a central role in providing each activity with the… Read More
Now, executives are realizing that good procurement can be perhaps the biggest contributor in an area in which organizations are being increasingly evaluated: Social responsibility. Read More
Nikita Saharia Chaturvedi
“Supply chain practitioners need to take steps to protect themselves,” Bindiya Vakil, CEO at Resilinc, tells My Purchasing Center. “Not everyone will be equally impacted. Information is power. Those who have it own competitive advantage.” Read More
George E. Krauter
Upon investigation, Alice found that the supply chain was functioning just fine. Purchasing and logistics were at optimum regarding the various commodity markets; the suppliers were doing their job and reaching their KPI (Key Performance Indicator) goals. … 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…
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…
Today’s supply chain skills are invaluable to tomorrow’s leaders. As Procurement becomes more strategic—and critical to the success of world-class companies—its image is evolving. All the challenges and opportunities that come with managing the supply chain--especially on the indirect side--now make…
Graduate students at the MIT Center for Transportation & Logistics used actual shipment data to develop a more accurate methodology for calculating Less Than Truckload (LTL) carbon emissions.