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Sourcing/Procurement
Sourcing/Procurement
Procurement Survival Guide: 4 Ways to Ensure Success
The role of the procurement organization is always evolving, and today it’s seen as more important than ever in helping to meet the strategic objectives of the wider enterprise.
GEP Warns Supply Chain Leaders of These Big Mistakes
How Supply Chain Management Solutions are Shaping Supply Chain Industry
Flexibility in the Time of Supply Chain Uncertainty
Building a Business Case for Supply Chain Change
Forecasting and Planning in Uncertain Times
Recommended
Sourcing/Procurement
Procurement Survival Guide: 4 Ways to Ensure Success
The role of the procurement organization is always evolving, and today it’s seen as more important than ever in helping to meet the strategic objectives of the wider enterprise.
Awards
Now Accepting Nominations for the Annual SDCE 100 Award
The annual award spotlights successful and innovative projects that deliver bottom-line value to enterprises across the range of supply chain functions.
Warehousing
In Times of Crisis, Manufacturers Demonstrate Humanity
Poor planning, a small production chain and the sheer scale of the Coronavirus (COVID-19) pandemic has left essential medical staff critically exposed without personal protective equipment during a time when they need it most.
Latest
Hy-Tek Material Handling Acquires Johnson Stephens Consulting
The Hy-Tek consulting division is headed by JSC Managing Principals Steve Johnson and Sandy Stephens.
Getting Sourcing and Procurement Teams a Seat at the Business Stakeholder Table
To connect with business stakeholders, sourcing and procurement experts should replace references to cost savings with “value.”
MatchBack Systems Launches MatchProcurement
MatchBack Systems Inc. has officially launched its MatchProcurement service for customers who seek strategic procurement to secure street-turn rates and ensure savings.
Procurement Must Reduce Costs While Continuing to Become a Better Strategic Advisor
Better analytics to improve spend influence and enhance value are key focuses for procurement in 2020, the research found.
ClearMetal Earns $31 Million in Total Funding
ClearMetal has received an additional $15 million in funding in a round led by Palo Alto-based Eclipse Ventures, making the total capital invested in the company to date more than $31 million.
Survey Reveals Impact of “Amazon Effect”
Most people shop both online and in stores, but fewer than 3% shop only at one or the other.
Mitigating Expedited Costs in Logistics
In this article, we break down what organizations spend on expediting orders and focus on strategies that can help keep expedited logistics costs under control.
New Report Reveals Possible Export Growth in Emerging Markets
Atradius has released a new study showing that Brazil, Colombia, Kazakhstan, the United Arab Emirates, Senegal and Vietnam are likely to shine in 2020 despite geopolitical and trade uncertainty on a global scale.
CFOs Are Overlooking the Transformative Power of Procurement
External procurement spending is the single largest cost element for most companies and a crucial component of their value chains, but many companies are failing to realize the powerful benefits that procurement can bring.
NHL Faces a Hockey Stick Shortage as Coronavirus Outbreak Continues
Nearly 75% of sticks used in the NHL come from Chinese factories, creating a major shortage for the sport.
Valentine's Day Spending Reaches Record Levels
Coming off a strong holiday season, consumers are willing to spend a little bit more on Valentine's Day gifts.
China Slashes Tariffs on US Products as Trump Looks to Leave the WTO Government Procurement Agreement
As the Trump administration works to repair its trading relationship with China, it may wreck some others by looking to leave the WTO Government Procurement Agreement.
Bolt Express Acquires Premium Transportation Logistics
Terms of the deal are not being disclosed.
Supply Chain Analytics Startup ClearMetal Raises $31 Million in Funding
The ClearMetal CDX Platform uses proprietary machine learning with multiple patents pending to cross-reference inputs and enrich supply chain data.
Supply and Demand Imbalance Will Inflate Buyers Procurement Expenses for Warehouses
The global warehousing services market is poised to experience spend growth of more than $160 billion between 2019-2024 at a CAGR of nearly 6% during the forecast period.
Metric of the Month: Trends in Structuring Supply Chain Analytics
Faced with vast and ever-growing amounts of data, the number of supply chain leaders that actively turn to analytics for decision making support is growing.
Breaking the Glass Ceiling in Procurement
Breaking the glass ceiling in procurement is not just about gender diversity, it will also improve your returns
10 Important Skills for Future-Ready Procurement Professionals
While no one can know what the future will bring, individuals who actively invest in building their skills in these key areas will be well-prepared come what may.
Right Processes Lead to Great Procurement
As businesses look to improve their processes and procurement efforts, they need to ensure they follow a consistent and proven path.
Data Points for Making Your Supply Chain More Resilient
The important thing is confirming that your gut has you on the right track by using data to drive your decisions.
Metric of the Month: 5 Essential Design Principles for Building Strategic Supplier Relationships
The business battles of this century will be won by harnessing the power of suppliers.
Six Key Trends Changing the Supply Chain Management Today
An inefficient and poorly functioning supply chain can negatively impact every aspect of an organization. Here are six trends that will help you re-evaluate current processes and performance
Prologis to Acquire Liberty Property Trust for $12.6 Billion
The board of directors of Prologis and board of trustees of Liberty have each unanimously approved the transaction.
Shipwell Raises $35 Million to Put Supply Chains in a Single Pane of Glass
Shipwell plans to use the funds to expand employee headcount and open its second office in Chicago in 2020.
Shopify Completes Acquisition of 6 River Systems
With the acquisition of 6 River System, Shopify will add an experienced team in fulfillment software and robotics.
LLamasoft Acquires Opex Analytics
The acquisition creates a combined company that will offer productized applications and innovative solutions to global organizations to accelerate adoption of artificial intelligence (AI) with deep expertise in machine learning.
How to Effectively Write Supply Chain Management Contract
In order to write better contracts as well as manage them appropriately, you need to cover some basics.
How to Align Sourcing Tools with Business Strategies
Legacy tools are near obsolete as procurement teams seek automated sourcing solutions that allow for collaboration and real-time transparency to garner better results.
Ethical Sourcing is Becoming Mandatory - Can Blockchain Make It Possible?
Emphasizing ethical sourcing requires enhanced transparency and communication with the vendors in a company’s supply chain.
Fake it 'Til You Make It: A Novice's Guide to Artificial Intelligence
For new procurement professionals, AI can seem like a topic too intimidating to approach.
