Purchasing Articles

“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

Talent Management: Why Professional Development is So Important to Procurement

Guest Editor

Do we need to wait until technologies and automation address operational needs to free up the time for (paraphrasing Kraljic) Purchasing to become Procurement? The answer is “no.” Good Procurement – efficient and effective – for the foreseeable future, is a people matter. Read More

Blockchain: A Shared Ledger to Rid Waste from the Supply Chain

Susan Avery

You’ve heard the term blockchain. What does it mean? How does it work? How can companies use the technology to help make their supply chains more efficient and cost effective? And what does it all mean for procurement leaders? To get the answers to these questions, My Purchasing Center met up with Brigid McDermott, Vice President of Block Chain Business Development at IBM. Read More

Are Today’s Lean Supply Chains Running Just-in-Time or Not-in-Time Enough?

Guest Editor

A well synchronized, Lean Supply Chain employing Just-In-Time (JIT) inventory methods with supplier integration is a proven competitive advantage, but that advantage quickly evaporates with any supply disruption. A solid supply chain risk strategy is a must in today’s environment of greater uncertainty. Read More

Strengths and Weaknesses of Facilities Management Consultants

Source One Management Services

Procurement can quickly get this strategy off the ground by using historic data on hand as a benchmark for consultant bids during the RFP process. In addition to potential hard-dollar savings from consolidating the category and the sourcing process, procurement teams should consider soft-dollar savings as well Read More

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