In part 4 of the Source One video series, Kathleen Jordan completes the discussion on marketing and sourcing with a case study that demonstrates how sourcing can benefit from partnering with a consulting firm to address marketing’s needs.
Anecdotal evidence and some qualitative research suggests that "favored shippers" - companies for which carriers prefer to haul freight - obtain better pricing and service. But do they? In this paper, Iowa State University researchers explain: How they sought to understand the voice of U.S. truckload carriers? How they quantitatively measured the effects of "favored shipper" characteristics on transportation costs? What characteristics actually make shippers favored in the transportation marketplace?
We spoke with experts from various industries tied to procurement to get their take on the most important trends for 2016. Here are the five trends procurement professionals should keep in mind as 2016 approaches.
Procurement professionals are generally optimistic about the coming year, some undertaking major acquisitions, key business transformations, and new product development. Others are focusing on harnessing new global procurement and sourcing platforms, and ensuring their procurement teams are better trained and prepared to work in the ever-evolving global economy.