Purchasing Articles

How Master Data and Master Data Leadership Simplifies Business and Cuts Costs

George E. Krauter

In the world of MRO supply chain management, “master data” refers to applying proper and Read More

Procurement “Digitization” Efforts: Ready for Prime Time?

The Hackett Group

Cloud, analytics, big data, cognitive computing ̶ all these are terms that fall under the broad umbrella of the “digitization” trend that is sweeping the procurement industry. The digitization era has Read More

How Supplier Relationship Management Drives Productivity and Cost Reduction

Guest Editor

According to a recent American Productivity & Quality Center (AQPC) report, supply chain managers identify supplier relationship management (SRM) as a top Read More

Procurement: Are You Leaving Money on the Table?

Guest Editor

Nobody likes to waste, especially when it’s something we value. Whether it’s time, energy or a good meal, we like to get the most bang for our buck. If you’re stuck in a two-hour, Read More

“Busyness” Isn’t a Measure of Procurement Value

Jim Baehr

It’s good to be busy. Right? Procurement professionals often get caught up in the activities of the day – ordering, expediting, billing and Read More

Business Process Outsourcing and the Role of Procurement

Guest Editor

Today, outsourcing is no longer a buyer-vendor relationship but a long-term partnership that is more than just cost-cutting. It helps bring about better business outcomes by leveraging high-end technology and other expert capabilities from the vendor. Thus, there’s been a shift from Business Process Outsourcing to Business Process Management. This shift has brought about a change in attitude where the end goal is to not negotiate the lowest prices, but create a win-win situation for the partners. Read More

EPIC Awards Salute the Year’s Best in Procurement

Susan Avery

The Excellence in Purchasing Indirect Categories (EPIC) Awards is a collaboration of ProcureCon and My Purchasing Center to recognize professional achievement in procurement of complex categories such as human resources, marketing, travel, legal, professional services and many others. 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

Distribution at Tipping Point: What Procurement Should Know

Susan Avery

More optimistic than they have been in a long time, industrial distributors now have to make decisions that could affect their competitiveness, or as procurement sees it, their relationships with customers, for years to come. Read More

Fleet Management: What are the Program Options?

Source One Management Services

Attention, fleet managers: Have you ever spent an entire week tracking down personal mileage from your drivers to calculate employee fringe benefits? Do you have any high risk drivers and would like to understand their driving patterns? Do you dread the beginning of each year because you know you have to send out insurance cards to each of your drivers? Read More

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