Purchasing

New IBM Procurement Study Points to New Value Proposition

Tuesday, February 24, 2015 · Patrick Burnson
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.

Supply Chain Collaboration May Have Some Shortcomings, Says Study

Wednesday, June 18, 2014 · SCMR Staff
University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration

Purchasing Salaries Bump Up

Thursday, May 1, 2014 · Patrick Burnson
Finally it seems that purchasing salaries are seeing an upward trend. A new report out today reveals that the average purchasing salary has increased by 18% over last year.

Chief Procurement Officers Say Short-Term Cost Reduction a Higher Priority Than Long-Term Growth

Wednesday, March 5, 2014 · Patrick Burnson
A majority (57%) of surveyed Chief Procurement Officers (CPOs) said short-term cost reduction is a higher priority than long-term growth in 2014, according to a new survey by Consero Group

Global Supply Chain May Be “Stuck in Mud” Too

Tuesday, July 2, 2013 · Patrick Burnson
While supply chain managers may note that the ISM purchasing managers’ index (PMI) has bounced back over 50 to 50.9 in June from 49.0 in May, some economists maintain that such surveys may not mean much.

An Oversimplification… But True!

Monday, March 25, 2013 · Robert A Rudzki
When it’s all said and done companies do two basic things – they sell (products and/or services) and to sell, they need to buy. An oversimplification? Not really. Whether a company is comprised of thousands of employees, or only one, it’s very likely that to sell a good…

Are You Planning to Sell Products in China?

Wednesday, August 1, 2012 · Rosemary Coates
The tender law is not very popular in China because it does not allow private buyers to exercise their own preferences when purchasing. It is also not popular with sellers whose bids and pricing are made public for all to see

Procurement Automation: How to do it Right

Monday, May 7, 2012 · Andrew Bartolini
Successful automation of procurement processes can deliver a host of benefits. For one, automation can eliminate the costly, time-consuming manual tasks while giving supply management professionals the tools and enhanced visibility needed to make better procurement decisions.…

A Strategy for Managing Commodity Price Risk

Tuesday, March 6, 2012 · George A. Zsidisin, C.P.M. and Dr. Janet L. Hartley
Just about every organization is exposed to price changes associated with the commodities they acquire for their operations. These price movements can detrimentally affect profitability, budgeting, cash flow, and overall organizational performance. This article puts forth a…

Inventory Optimization: Show Me the Money

Tuesday, July 19, 2011 · Marisa Brown, Director, Knowledge Center, APQC
Minimizing inventory investment and carrying costs while maintaining high service levels can be a tough balancing act. But best-practice companies have shown that it can be done - profitably.

The Essentials of Supply Chain Management Strategic Sourcing: Cost Management

Monday, May 16, 2011 · Wendy Tate
Cost management has taken on increasing importance in all aspects of the business. And in no part of the business is it any more critical than in procurement and sourcing activities. In this fifth installment of our “Beyond the Basics” series, professor Wendy Tate of the…

How Inventory Optimization Opens Pathways to Profitability

Saturday, March 19, 2011 · Sean P. Willems
Inventory optimization—the process of scientifically determining the right inventory levels across the supply chain—has never been easy. But advanced tools now available are enabling companies to do the job faster, more accurately, and with greater business impact. In…

Is It Time for a Rebirth of Strategic Sourcing?—Part 1

Thursday, September 30, 2010 · Robert A Rudzki
The blogosphere has been alive recently with a debate about the alleged death of strategic sourcing.

Made in the U.S.A. – the new frontier for sourcing?

Tuesday, September 7, 2010 · Robert A Rudzki
There has been a growing realization that "the obvious" global sourcing decision may not be so obvious after all.

Skills or Competencies—Which Are Your Priority?

Friday, August 13, 2010 · Robert A Rudzki
Today’s guest blogger is my colleague, James Baehr.
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