Procurement

Maximizing Return on Innovation Investment: 6 Ingredients for Success

Thursday, December 7, 2023 · Brian Legan, EY Americas Industrial Products Leader
Learning these six ingredients for delivering innovation from invention serve as a compass for organizations navigating this dynamic market and striving to maximize return on innovation investment.

Supplier.io Honors Firms for Diverse Supplier Initiatives

Wednesday, December 6, 2023 · Brian Straight
More than $160 billion was spent with diverse suppliers in the past year among just 326 companies analyzed by Supplier.io, directly supporting 1.3 million jobs.

2024: The year of change

Monday, December 4, 2023 · Brian Straight
It’s that time of year again. And that means looking ahead and backward. I’m going to do a bit of both this month. And I’m going to provide some insight into what we are doing in 2024 at Supply Chain Management Review.

Five Significant Changes Driving the Healthcare Supply Chain’s Evolution

Monday, December 4, 2023 · Eric O’Daffer, research vice president, Gartner
Healthcare supply chains have undergone rapid change over the past 14 years as seen through Gartner’s Healthcare Supply Chain Top 25 rankings.

Executives on Notice: Canadian Supply Chain Law Targets Businesses

Friday, December 1, 2023 · Amy Wunderlin
A Canadian supply chain law set to take effect Jan. 1, 2024, will place the responsibility on brands, retailers, and importers to identify and prevent child and forced labor within their supplier networks.

Compliance Risks Favor Large Global Apparel Retailers

Monday, November 27, 2023 · Amy Wunderlin
Companies across sectors are increasingly shifting manufacturing away from China in an effort to reduce vulnerability and exposure to rising labor costs. Research from Moody’s finds that large global apparel companies may fare the best when diversifying.

The Shift from China is Leading to India

Friday, November 17, 2023 · Amy Wunderlin
India has seen a 44% increase in exports to the U.S. as American companies looking to diversify their supply chains turn away from China.

Amazon Business Survey: Procurement Budgets on the Rise for 2024

Tuesday, November 14, 2023 · Brian Straight
Amazon Business’ State of Procurement survey found that 85% of businesses plan to either increase, or maintain their procurement budgets in 2024.

The 10 Questions Supply Chain Managers Must Ask Before Engaging With a New Vendor

Wednesday, November 8, 2023 · Jag Lamba, CEO, Certa
A thorough and strategic vendor selection process guides companies through the vendor selection process, helping ensure subpar suppliers never make it into the procurement process.

Accenture Makes 2 Deals, Acquiring Reverse Logistics, Procurement Firms

Friday, November 3, 2023 · Brian Straight
Accenture has made two acquisition announcements this week, announcing the intention to acquire procurement firm The Shelby Group and reverse logistics specialists OnProcess Technology.

Jabil Acquires ProcureAbility

Wednesday, November 1, 2023 · Brian Straight
Global supply chain and manufacturing solutions provider Jabil has acquired procurement firm ProcureAbility for an undisclosed sum.

The Polluters in the Mirror: Will Reporting Scope 3 Emissions Save the World?

Wednesday, November 1, 2023 · Andrew Balthrop and Dr. Alex Scott
As regulations around reporting Scope 3 supply chain emissions ramp up, questions on whether it is possible to accurately measure them, and whether it will even change behavior, have emerged.

Fortifying the future: Procurement’s role in building resilient organizations

Wednesday, November 1, 2023 · Alberto Todeschini and Bas van Rooijen
The need to establish resilient supply chains capable of withstanding and swiftly recovering from disruptions has become a strategic imperative.

Supplier Diversity is the Present and the Future

Wednesday, October 25, 2023 · Alphonso David, president and CEO of the Global Black Economic Forum
According to the National Minority Supplier Development Council (NMSDC), certified minority-owned businesses generate more than $400 billion in annual revenue and economic output. It also found that companies with diverse supplier bases show a 133% greater return on…

Navigating the Top 7 Direct Procurement Challenges

Tuesday, October 24, 2023 · JAGGAER
Join this webcast to discover unique strategies to overcome these procurement challenges.
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