Procurement

A New Priority Greets Procurement Professionals in 2024

Thursday, March 28, 2024 · Brian Straight
Cost reduction supplants supply continuity as the top issue facing procurement professionals in The Hackett Group's annual Key Issues survey.

Maximizing the Bottom Line: The Power of Procurement

Wednesday, March 27, 2024 · Michal Cukier
Procurement activities can have a positive impact on a business' bottom line, leading to more profit without the need to expand spending.

Electronics Supply Chain Seeks Balance in 2024

Monday, March 25, 2024 · Brian Straight
Labor costs continue to rise in the electronics supply chain, but industry research finds materials costs and backlogs easing.

NextGen Leader: Marianna Vydrevich

Friday, March 22, 2024 · Brian Straight
GAF's Marianna Vydrevich sees technology like AI playing a role in supply chain network design, but she lives for that Aha! moment. Meet our March NextGen Leader.

CPOs Pivot AI Focus from What’s Possible to Implementation

Thursday, March 21, 2024 · Brian Straight
More procurement leaders are trying to implement AI and automation into their operations, shifting gears from a what's possible to a how-to-implement strategy.

A Hoarding Explanation for the Post-COVID Inflation for Goods

Thursday, March 14, 2024 · Jason Miller and Yemisi Bolumole
Inflation continues to impact the U.S. economy, but could a fear of supply shortages have caused a hoarding of materials and contributed to inflation’s rise?

It’s high time to go beyond visibility

Monday, March 4, 2024 · Shardul S. Phadnis and Paul J.H. Schoemaker
Add vigilance to supply chain management with visibility. Real-time visibility of inventory, capacity, supply, and demand conditions is central to agile supply chain operations in dynamic environments.

The Dawn of AI in Procurement: Unleashing a New Era of Efficiency and Insight

Monday, March 4, 2024 · Arjun Sharma
The promise of faster transactions, lower costs, and widespread executive buy-in are driving AI-powered procurement to deliver new efficiencies and insights.

APQC Infographic: Preparedness in 2024

Monday, March 4, 2024 · APQC
The infographic below shows how organizations performed on their business goals in 2023, as well as areas of focus for 2024.

6 Questions With .. Etosha Thurman

Tuesday, February 27, 2024 · Brian Straight
SAP’s Ethosa Thurman answers Supply Chain Management Review’s 6 Questions on ethical sourcing and procurement practices.

This Supply Chain Year Will Be Dependent on Politics

Friday, February 23, 2024 · Rosemary Coates
Politics seems to be on everyone’s mind in this election year and the effects on supply chains are becoming evident in every aspect of our work.

Disruptions Keep Manufacturers on Edge

Monday, February 5, 2024 · Amy Wunderlin
Ongoing disruptions in the Red Sea and Panama Canal have reinforced the need for manufacturers to have a comprehensive supply chain strategy.

End Customers Responsible for 33% of Late Deliveries in Aerospace Supply Chain

Monday, January 29, 2024 · Amy Wunderlin
A study from global manufacturing tech firm TRIGO finds that one-third of late deliveries in aerospace manufacturing are the result of the end customer and not the supplier.

U.S., Mexico Expected to be Big Winners As Companies Move Away from China

Wednesday, December 27, 2023 · Brian Straight
Nearly 75% of companies plan to reduce their share of sourcing from China, with the U.S. and Mexico appearing to be the big winners according to an AlixPartners survey.

A Market-Based Routing Guide Strategy for Truckload Transportation

Wednesday, December 13, 2023 · Jorge Oliver and Aaron Zheng
By applying a strategic procurement framework that considers both a freight lane's macro-market and micro-shipper characteristics, shippers can leverage a wider portfolio of relationships that improve their overall routing guide performance while reducing the required…
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