Concerned about data protection? How can IT procurement ensure data security and reduce cyber risk for your organisation? Read More
My company, Flash Global, purchased “new” hard drives from one of the largest IT distributors in the world as part of a test. All of the drives were labeled as "new," but all were actually used equipment. One drive had more than 26,000 hours of powered-up time. Read More
Source One Management Services
Every industry from medical to retail uses and relies on data transparency every day. With the eruption of digital technologies, companies are collecting large quantities of data about consumers’ shopping behaviors, both online and in-store; usually referred to as Big Data. While the original consumer data collectors were website and cellphone applications, today this trend is nurtured by innovative, connected products. Think fitness trackers, Smart TVs, Read More
No matter how good your e-procurement solution is, its success depends on user adoption. Getting employees to purchase through an e-procurement system is a hurdle that needs to be overcome in any organization, particularly when it comes to engaging millennials. Read More
Not able to attend the ISM conference this year? My Purchasing Center met with exhibitors like Jim Brozny of Fieldglass at the show where he demonstrated an application that helps automate the procurement process for non-employee workers.
What's happening on the show floor at the ISM conference? My Purchasing Center interviews Adam Stewart of exhibitor SciQuest on the company's source-to-settle solution and its new user interface. He calls it "simple and sleek".
According to new benchmarking research by The Hackett Group, world-class procurement organizations have lower operating costs and operate with smaller teams while generating more than twice the return on investment than typical companies. Still, they must find new ways to continue to add value. Read More
Harnessing the power of big data is leading to greater opportunities for companies to predict market trends, spending, consumer behavior and supply chain needs. This type of data mining is known as predictive analytics, and it can change the way you make business decisions. Read More
Nikita Saharia Chaturvedi
“Procurement is not only being asked to find new and creative ways to drive improvements to the corporate bottom line, but also to help manage the growing risk that can negatively impact the company,” says Lloyd Alexander, Vice President of Contract Strategy at Seal Software in a podcast interview at My Purchasing Center. Read More
A next best area for managing total cost in the supply chain is Supply Relationship Management (SRM). This is especially true for supply management groups accomplished in strategic sourcing. Both the customer and buyer demonstrate an understanding that there’s much to be gained for both sides when a relationship embodies true collaboration. Read More
Large corporations perform supplier governance for strategic services in silos – segregated by department, contract, geography or type of service. Where governance processes exist, they are largely manual, often performed by poorly trained and insufficient staff through various incompatible systems,…
A new slide show highlights results of The American Purchasing Society Annual Salary Report and Employment Trends for 2013.
Where should supply chain optimization begin? In this white paper, you'll discover ten ways to obtain greater transportation savings and which tasks are easiest to do for the fastest ROI.
Surprised by accessorial charges on your LTL freight bill? Learn why LTL carriers charge accessorials, and how your freight characteristics and process inefficiencies may be the culprits that cost extra for you and your LTL carriers