Purchasing Articles

EPIC Award Recipients Tops in Procurement

Susan Avery

My Purchasing Center and ProcureCon presented the 2015 EPIC Awards at a luncheon ceremony on February 12 during the ProcureCon Indirect East conference in Orlando, Fla. It is the third year that My Purchasing Center and ProcureCon recognize procurement professionals with the Excellence in Purchasing Indirect Categories Awards. Read More

8 Techniques for Making Your Global Team Work

Guest Editor

Having a global team to support sourcing strategies globally can deliver significant savings and efficiencies for a corporation. A successful team can mean the difference between having a winning outcome from a global project or a total failure in terms of unmet requirements and unsatisfactory service levels. Read More

Procurement Takes Lead in Technology Turnaround

John Hall

Just how procurement organizations will in turn benefit from such a robust B2B world remains to be seen. But it’s hard to see how improved cash flow, barrier-free supplier relations and vastly efficient invoicing and payment tools could not benefit them. Read More

Staples to Acquire Office Depot

Susan Avery

"This is a transformational acquisition which enables Staples to provide more value to customers, and more effectively compete in a rapidly evolving competitive environment,” said Ron Sargent, Chairman and Chief Executive Officer at Staples. Read More

Procurement Skill at Managing Risk Helps in Supply Disruption of Engineering Plastics

Doug Smock

Recent unexpected supply disruptions of an important engineering plastic point to the importance of risk management planning. The episode also shows the growing role of social media as an early warning indicator and points to several preemptive steps that can be taken by sourcing managers. Read More

Trends Shaping the Electronics Industry

The Smart Cube

Today few industries are as global and multifaceted as the electronics industry. Companies in this category are extremely responsive to consumer demands, and operate in a business environment that is highly dynamic and prone to challenges. Electronics companies are developing strategies to address ever-evolving challenges. Read More

Procurement Talent Shortage Unlikely

Susan Avery

ThomasNet and ISM announced the 30 Under 30 program at ISM2014 in May, asking ISM members and others to nominate young procurement and supply chain management professionals deserving recognition for their leadership qualities. "We held our breath," says Linda Rigano at ThomasNet. "What we got back in nominations was wonderful.” Read More

BMO Financial Group Spend Dynamics Addresses Procurement Challenges

Nikita Saharia Chaturvedi

BMO Financial Group and a Hogg Robinson Group company have partnered to launch a new expense management tool for BMO corporate card users. The new tool called Spend Dynamics helps manage, capture and report on spending on corporate cards. It will be available this spring. Read More

Strategic Partnership: Taking Your Supplier to the Next Level

Beroe Inc.

Fortune 500 companies are under increasing pressure to improve efficiency and bring about innovative processes to stay in the competition. In recent times, there have been many newer avenues being explored by companies to have a robust supply chain. From improving process efficiency to building closer relationship with suppliers, companies are slowly moving to a path to better the supply chain. Read More

Future Faces of Procurement: Legal Contracting Expert

Guest Editor

Procurement may play different roles in different organizations across the supply network, including a buyer to one organization, an advisor to another, an industry action group, a provider of input into industry standards, a cost analyst and subject matter expert to an intelligence community, or any other number of different roles. Social media will play a large role in how people communicate, share knowledge, and create a web of relationships Read More

Get this feed