Comprehensive information about global sourcing and procurement strategies, covering software, spending analysis, order management, supplier evaluation and e-Procurement.
Monday, May 20, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM
Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.
Sunday, May 19, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM
Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.
Research emphasizes the need for innovative supply chain and financial solutions, paving the way for the integration of technology to enhance operational efficiency and economic value.
Procurement is transforming. Gone are the days of blindly spending with single suppliers, replaced by a complex network of diverse global suppliers. Gone are the days of procurement leaders “that just know what to do,” replaced by workers leveraging technology to fill in…
Sunday, May 19, 2024 · Marisa Brown, senior principal research lead, supply chain, APQC
Supply chain organizations are always looking for greater visibility into spending. Leaders are dedicating additional resources to spend management, which seeks to answer several questions related to spend analysis.
Sunday, May 19, 2024 · Rich Sherman and Bob Sabath
Leaders must create a shared vision to achieve optimal performance, break down silos, and leverage competitive sea change and disruption opportunities in the connected market ecosystem.
The COVID-19 pandemic highlighted the need for special short-term planning teams to supplement an S&OP team. An S&OP team is always vital to managing the rudder for navigational purposes. However, Quick Response and supply-in-mind planning specialists need to help out…
As was the case in its previous edition in December, the manufacturing and services sectors remain on diverging paths, to a certain extent, in May. One common theme the sectors share, according to the Institute for Supply Management’s (ISM) May 2024 Semiannual Economic…
Inflation continues to impact various areas of supply chains, which are still dealing with ongoing disruptions, a Blue Yonder executive survey has found.
The reshoring trend is rapidly accelerating, but it is not new. Reshoring Institute Executive Director Rosemary Coates provided a history lesson on reshoring at the recent ISM World conference.
When the term cost control gets tossed around, it often means layoffs. But a strategic approach to controlling costs is more effective and can often strengthen organizations, argues Boston Consulting Group’s Laura Juliano.
Supply chain disruption scenario planning continues to remain robust, but there is some fatigue settling in as fewer organizations are making it a priority.
The Services PMI, at 49.4 (a reading of 50 or higher signals growth) fell 2.0%. The last time the index contracted was in December 2022, when it came in at 49 and prior to that the last month seeing contraction was in May 2020, when it came in at 45.4.
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