Procurement Strategy

Nearshoring shifts focus of procurement leaders

Friday, June 7, 2024 · Bridget McCrea
Bringing production and sourcing back to the United States or to a country in close proximity have always been goals for companies that want to gain better control over their supply chains. But for procurement leaders, it adds complexity.

Unlocking the value of procurement in the evolving midmarket

Tuesday, June 4, 2024 · Etosha Thurman and Stephanie LeRoy
By implementing digital solutions, Cirque du Soleil has embraced a more agile and efficient approach to procurement, positioning itself for a bright future with long-term growth.

Five strategies to make procurement more sustainable

Thursday, May 30, 2024 · Pierre-François Thaler and Matias Pollmann-Larsen
A recent report from Accenture and EcoVadis found that delivering on sustainability goals is a top driver in 71% of procurement programs.

5 strategies for energy market cost and risk reduction

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.

5 strategies for energy market cost and risk reduction

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.

The state of procurement

Sunday, May 19, 2024 · Gary Forger
Procurement is transforming faster than ever. Cost, quality, and speed still matter. But now procurement managers are under pressure from one end of the supply chain to the other. As well as from within their own companies. This is going to take some work to tame.

Strategic cost savings differ from cutting costs

Thursday, May 9, 2024 · Brian Straight
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.

How CPG brands can deliver on supplier diversity promises

Friday, April 19, 2024 · Costas Xyloyiannis, CEO of HICX
Building successful supplier diversity programs starts with a three-step approach to identifying these suppliers.

How S&OP provides the answer to in-demand products

Thursday, April 18, 2024 · Brian Straight
If demand for a product suddenly spikes, can your business handle it? St. Onge’s Kira Bilecky recently explained why a good S&OP process can ensure the business is ready.

Shining light on procurement’s dark purchases problem

Friday, April 5, 2024 · Brian Straight
Many companies do not have processes in place to control procurement spending, leading to millions in wasted dollars from untracked dark purchases.

Ethical Procurement is a Process Not to be Ignored

Friday, March 1, 2024 · Brian Straight
Procurement processes must now consider ethical sourcing as a key element, and one that can significantly harm the organization if not followed.

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.

Talent Procurement Success is in the DNA

Friday, February 2, 2024 · Brian Straight
Procurement departments are not immune to the talent shortage facing companies, but finding the right people to fill jobs goes beyond locating the right technical skills.

Disruption Challenges Procurement Leaders to Steady Supply Chains

Friday, January 5, 2024 · Brian Straight
Disruption has significantly altered the landscape for procurement leaders, challenging their ability to maintain stable supply chains and make strategic decisions. There are some options, though, to help mitigate the challenges.

New ebook empowers procurement leaders to take control of spend

Friday, February 24, 2023 · SCMR Staff
Vroozi released the ebook to help readers move away from manual, paper-based processes.
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