Topic: Procurement & Sourcing


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


Latest in Procurement & Sourcing

Supplier diversification, AI readiness, and circularity top supply chain priorities for 2025

Thursday, December 12, 2024 · Lilian Bories
Supply chains are evolving rapidly in 2025 as businesses prioritize resilience, sustainability, and AI-driven innovation to navigate ongoing global disruptions and customer demands. Diversification of sourcing, AI adoption for predictive insights, and the integration of…

Importing from China is about to get very expensive

Monday, December 9, 2024 · Rosemary Coates
It is important for supply chain professionals to understand the economics of production and global supply chains as tariffs will change the dynamic of global manufacturing.

Automation continues to slow port labor negotiations

Friday, December 6, 2024 · Jeff Berman
International Longshoremen’s Association and the United States Maritime Alliance have until Jan. 15 to reach a contract deal, but automation remains a major sticking point.

Services economy sees gains for fifth straight month in November, reports ISM

Wednesday, December 4, 2024 · Jeff Berman
The November Services PMI, at 52.1 (a reading of 50 or higher signals growth), was down 3.9% compared to October, growing, at a slower rate, for the fifth consecutive month.

Increased semiconductor M&A presents challenges for supply chain professionals

Tuesday, December 3, 2024 · Tammy Max
As more mergers take place in the semiconductor industry, customers need to carefully track data such as product identification numbers that can change at the manufacturer level, adding a layer of confusion.

November manufacturing output increases but with more room to run, reports ISM

Monday, December 2, 2024 · Jeff Berman
The report’s benchmark reading, the PMI, at 48.4 (a reading of 50 or higher indicates growth), increased 1.9% over November’s 46.5, its lowest number in 2024, with the PMI contracting for the eighth consecutive month and the 24th time in the last 25 months, since…
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Supply constraints? Demand-shaping revisited

Monday, December 2, 2024 · Larry Lapide
Supply chain managers working with sales and marketing can ensure products in demand match with available supply to maximize profits.

Supply chain penetration: A new instrument of warfare?

Monday, December 2, 2024 · Peter Shi, Hedy Dou and Miles Yang
Managing costs, quality, and security across complex, multinational supply chains is daunting, but the failure to control the entirety of the supply chain across multiple borders increases the risk of supply chain penetration-based attacks—so-called “supply chain warfare.”

Trump’s tariff vow raises risk of trade wars

Friday, November 29, 2024 · SCMR Staff
As President-elect Donald Trump threatens tariffs on Canadian, Mexican imports with no exceptions for crude imports, the specter of retaliatory tariffs increases.

EXIM Bank: Helping American exporters

Wednesday, November 27, 2024 · Rosemary Coates
Often overlooked, the Export-Import Bank of the United States plays a key role in financing U.S. exports by securing business loans, facilitating more than $10 billion in U.S. export sales a year.

The year of GenAI

Monday, November 25, 2024 · Brian Straight
As much discussion and deployment of artificial intelligence took place in 2024, 2025 is shaping up to be an even bigger year. This year will likely see the acceleration of AI, and specifically Generative AI, into everyday business functions.

Wild Bull Services seeks AI breakthrough

Friday, November 22, 2024 · Brian Straight
Beef importer Wild Bull Services contracted with AI provider Stampli to automate its payables, but it now sees a bigger opportunity for AI-powered import documentation management.

Strengthening customer fulfillment: Building a strategic stakeholder network

Thursday, November 21, 2024 · Gartner Supply Chain
According to Gartner data, 69% of organizations believe customer satisfaction will be the paramount metric for strategic decision-making by 2026. However, many leaders fail to leverage it properly.

Trump picks former Wisconsin congressman Sean Duffy for DOT secretary

Tuesday, November 19, 2024 · John D. Schulz
President-elect Donald Trump has nominated former Republican congressman Sean Duffy as the nation’s 20th Transportation Secretary.

Made in Mexico, manufactured by China

Monday, November 18, 2024 · Norman Katz
As manufacturing grows in Mexico as part of the nearshoring trend, so too is China’s influence in the region.
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