Navigating the Top 7 Direct Procurement Challenges

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

APQC Infographic: Break down procure-to-pay silos

Tuesday, May 17, 2022 · APQC
The infographic presents how the governance and reporting structure for procurement and AP can vary. It also presents how changing process ownership can encourage communication and collaboration.

Save Now or Save Later: Purchasing’s role in new product development

Monday, September 6, 2021 · LIsa M. Ellram and Wendy L. Tate
Procurement professionals who have to deliver annual savings face a dilemma: Do I save costs during new product development, or wait until after the launch so I can hit my targets?

Power to the buyer

Wednesday, February 28, 2018 · Frank Mobus and Howard Levy
Buyers may feel powerless facing a sole-source, but they have more power than they think because they overlook the pressures on the supplier.

Will your procurement strategy get you fired?

Tuesday, August 16, 2016 · SCMR Staff
Too many procurement leaders and managers rely on supply management strategies that deliver results in the short term but that aren't sustainable over the long haul. Once the sheen from those early wins rubs off, senior management looks for someone knew to take the helm.…

Creative Negotiating: Rethinking the Right Way to Ink Purchasing Agreements

Thursday, May 5, 2016 · Frank Mobus and Bill Sanders
Long-term agreements between purchasers and suppliers are not conventional “one-and-done” deals—they are moving targets that require perpetual negotiation if they are to come close to delivering the value that inspired them in the first place. Here's how to think…

Six Key Steps to Sustainable Procurement Success

Monday, April 18, 2016 · Shruti Agrawal
The purchasing function plays a vital role in driving revenue and requires superior capabilities to ensure long-term competency.

Managing the Dark Side of Close Buyer-Supplier Relationships

Sunday, November 1, 2015 · Veronica H. Villena, Thomas Choi, and Elena Revilla
It is all too easy for relationships between companies and their suppliers to become too chummy and for essential checks and balances to get less attention than they require. Often, the longer and deeper the relationship, the cozier it can be—and thus at much greater risk of…

Supply Chain Data Analytics and Big Data

Friday, August 21, 2015 · Bob Trebilcock
Regardless of the industry, the best companies are in the midst of transforming their supply chains to gain a sustainable competitive advantage.

What’s in a (Supply Chain) Name?

Tuesday, August 18, 2015 · Joe Sandor and Dave Nelson
Supply management. Supply chain management. Procurement. Logistics. They're all bandied about these days, but just what is the right name for the profession?

New IBM Procurement Study Points to New Value Proposition

Tuesday, February 24, 2015 · Patrick Burnson
Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

Supply Chain Collaboration May Have Some Shortcomings, Says Study

Wednesday, June 18, 2014 · SCMR Staff
University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration

Purchasing Salaries Bump Up

Thursday, May 1, 2014 · Patrick Burnson
Finally it seems that purchasing salaries are seeing an upward trend. A new report out today reveals that the average purchasing salary has increased by 18% over last year.

Chief Procurement Officers Say Short-Term Cost Reduction a Higher Priority Than Long-Term Growth

Wednesday, March 5, 2014 · Patrick Burnson
A majority (57%) of surveyed Chief Procurement Officers (CPOs) said short-term cost reduction is a higher priority than long-term growth in 2014, according to a new survey by Consero Group

Global Supply Chain May Be “Stuck in Mud” Too

Tuesday, July 2, 2013 · Patrick Burnson
While supply chain managers may note that the ISM purchasing managers’ index (PMI) has bounced back over 50 to 50.9 in June from 49.0 in May, some economists maintain that such surveys may not mean much.



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