Procurement

Procurement: The key to supply chain resiliency

Thursday, June 1, 2023 · Ilaria Ida Walton, Iris van der Velden and Ruth Thomas Agriculture is the keystone of global food security, but the current system is built on a house of cards. It relies on cheap labor, abundant resources and energy, and a stable supply chain.

3 ways to use procurement negotiation to combat inflation

Tuesday, May 30, 2023 · Mike Slomke In the realm of procurement, it is crucial for professionals to strategically generate substantial value during deal negotiations, especially when dealing with supplier agreements that encompass more than mere pricing considerations.

Missing your target? Successful implementations begin at procurement

Wednesday, May 24, 2023 · Brian Straight Only 30% of digital transformations meet or exceed a company’s expected target value. The reason? The wrong procurement process was used, say experts.

People remain stumbling block to procurement success

Monday, May 22, 2023 · Brian Straight While technology can be an obstacle to procurement success, respondents to an ISM survey said humans remain the largest roadblock.

Procurement pros: Manual processes cost billions

Monday, May 15, 2023 · Brian Straight Procurement professionals say the process remains manual, and billions of dollars in cost savings are being left behind as a result.

A running start at predictive procurement orchestration

Tuesday, May 2, 2023 · David Schultz If you’re unfamiliar with PPO, you aren’t alone. Here’s how Westfall Technik discovered it and is turning it into a powerful tool to simplify and streamline procurement.

Procurement: the missing link between sustainability and profitability?

Monday, May 1, 2023 · Yves Thill, Vijay Kasi and Imran Dassu De-carbonizing the end-to-end value chain is now an imperative—for the planet and for business. Customers, shareholders and employees demand it, and governments are rushing to mandate it. Procurement is a logical focal point where sustainability and value can intersect. It…

Supply and demand regulation via blockchain-based governance

Monday, April 3, 2023 · Kiran S. Patil Enterprise resource planning has been the dominate system for managing inventory, but failure is still a problem. Blockchain is offering new hope.

Supply Chains Fail When They Don’t Flow

Thursday, March 9, 2023 · Rob Handfield and Tom Linton Disruptions can slow the movement of goods, but they don’t have to. Here are five steps to ensure smooth operations.

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.

Audiobook edition of ‘From Source to Sold’ released

Thursday, February 9, 2023 · Brian Straight "From Source to Sold" offers unique insight into the minds of some of leading global supply chain experts. The book is now available in audiobook version on Audible, Amazon and many more sites.

Spending on diverse suppliers averages 3.6%

Tuesday, February 7, 2023 · Brian Straight A new report finds that just 3.6% of spending is devoted to certified diverse suppliers, with 17% of all spend going to just 10 companies.

Taking Procurement into the Future

Friday, December 23, 2022 · SCMR Staff In this special digital edition from Supply Chain Management Review, we’re bringing together the best of our recent stories on procurement, which we hope you’ll find useful as you take your procurement team into the future.

Who is Arkestro and what is predictive procurement?

Sunday, November 13, 2022 · Bob Trebilcock Optimal22 focused on a new approach to working with suppliers, one that emphasizes transparency and communication.

Global survey shows procurement under pressure

Wednesday, October 26, 2022 · SCMR Staff More than 80% of procurement teams expected by executives to respond more quickly and effectively to supply chain challenges.