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Procurement & Sourcing

Comprehensive information about global sourcing and procurement strategies, covering software, spending analysis, order management, supplier evaluation and e-Procurement.


TOP STORY
Procurement Alert: Scout’s eSourcing Platform Attracts Next Round of Investment
The dyanamic software-as-a-service sector currently integrates with existing data platforms or other procurement-related applications to centralize...
TOP RESOURCE
FREE White Paper: Dive into the Minds of 1,500 Industrial Buyers
The advent of the Industry 4.0 brought with it the next phase in the digitization of the...

All Procurement & Sourcing News
By APQC · December 16, 2015
Before you decide to outsource routine procurement activities, consider what your organization values most.
By Patrick Burnson · December 10, 2015
Procurement offers millennials the opportunity to learn the business from end-to-end, secure executive access and exposure, and have a significant impact on business performance.But skeptics ask: "Do we really need another framework, or do we just need to do a better job connecting to the financial metrics that are already being used by the CEO and CFO to manage the business?"
By Patrick Burnson · December 9, 2015
The second annual ROSMA Performance Check Study is once again a collaboration between A.T. Kearney, the Institute for Supply Management (ISM), and the Charted Institute of Procurement & Supply (CIPS).
By APQC · September 23, 2015
Many organizations seek to improve their procure-to-pay processes by adopting technology that can increase the efficiency of procurement and accounts payable activities. APQC’s research indicates that although a large amount of organizations have adopted technologies to automate procurement tasks, this has not been consistent across all areas involved in procure-to-pay.
By Patrick Burnson · July 29, 2015
The Hackett Group’s World-Class Procurement Performance Advantage Research is based on an analysis of results from recent benchmarks, performance studies, and advisory and transformation engagements at hundreds of large global companies.
By Patrick Burnson · July 28, 2015
According to new research from The Hackett Group, Inc., a key differentiator is the superior ability of world-class procurement organizations to gain a deep understanding of the needs of their business, react more quickly to changing requirements, and drive higher overall value and greater stakeholder satisfaction, the research found.
By Patrick Burnson · May 12, 2015
With 10.8 percent annual growth, supply chain management (SCM) and procurement applications outpaced most software markets to total $9.9 billion in 2014, according to Gartner, Inc.
By Patrick Burnson · March 23, 2015
When assessing areas of risk facing their departments, nearly half (45%) of Chief Procurement Officers named supplier risk as a top concern, according to a new survey by Consero Group.
By Patrick Burnson · March 23, 2015
For 2015, the top priority of procurement organizations is to elevate their role to more of a trusted advisor in support of improved enterprise agility, according to new Procurement Key Issues research from The Hackett Group.
By Patrick Burnson · February 24, 2015
Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.
By Sigi Osagie · January 5, 2015
In this excerpt from Procurement Mojo, author Sigi Osagie writes that effectiveness is not a requirement that is peculiar to procurement. Rather, it is central to success in any realm of life.
<p>Sigi Osagie, author of Procurement Mojo: Strengthening the Function and Raising its Profile.</p> By Bob Trebilcock · January 5, 2015
In a technology- and process-driven world, we sometimes forget that people do business with people, says author Sigi Osagie. Organizations would do well to focus on the soft issues that can enhance their activities, or hold them back.
<p>Gerard Chick (L) and Robert Handfield (R) are authors of The Procurement Value</p> By Bob Trebilcock · December 12, 2014
As organizations cope with a myriad of changes, procurement is becoming more strategic and even more important. Authors Gerard Chick and Robert Handfield discuss how purchasing strategies, and the role of procurement professionals, must change to deliver real value and not just lower price.
By Bob Trebilcock · November 30, 2014
A.T. Kearney's 2014 AEP Study finds that the best procurement organizations are at the top of their game. Meanwhile, the rest of the pack is treading water and wondering what's next for procurement.
By Patrick Burnson · October 15, 2014
Leading company procurement organizations reap double the measurable cost reduction versus other companies, while also driving competitive advantage through supplier-driven innovation and risk management.

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Third Party Risk: Too Close for Comfort
You’ve got a handle on many of the potential supply chain "disrupters" that can paralyze your business. But the real risk is embedded in areas you may have overlooked.
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From the December 2017
This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain professionals. As with years past, we’re also featuring several articles we trust will offer food for thought in your supply chain throughout the coming year.
Transportation Trends: The last mile, history repeating
Economic Outlook: A Complex and Uneven Scenario for Global Supply Chains
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Latest Webcast
The Perfect Formula for Determining the Right Amount of Inventory
This webcast explains how the science of theoretical minimums, a new approach to inventory optimization, provides a simple and elegant way to reduce cost and increase customer service levels by monetizing time delays across the extended supply chain.
Register Today!
EDITORS' PICKS
Oracle Modern Supply Chain Experience Promises to Address Key Industry Issues
In many cases, system and data from different vendors are integrated frequently, in different...
Atradius Issues New Report on Supply Chain Risk in North America
The U.S. shows strong economic performance, but the looming risk that leadership in Washington will...

2018: The year we make meaningful progress on digital transformation
Perhaps it would have been better to describe it as a digital evolution – more of an ongoing...
Industrial and Supply Chain Real Estate Expected to Soar in 2018
Strong economy and insatiable demand for online shopping behind industrial real estate resurgence