CSCMP's Supply Chain Quarterly
Procurement
August 20, 2017

New report touts benefits of using group purchasing organizations for health-care supplies

Research commissioned by the Healthcare Supply Chain Association says health-care GPOs typically save members up to 18 percent on supplies while also creating a more competitive marketplace.

How supply chain complexity affects buyer-supplier relationships

Authors of a selected <i>Journal of Business Logistics (JBL)</i> article explain the real-world implications of their academic research.

Starved for resources?

Sustainable procurement now has management's attention. But a recent study finds that executives may not be willing to commit the human and financial resources needed for such programs to succeed.

What growing nationalism may mean for procurement

A report from the software and consulting company GEP argues that rising nationalism will mean increases in procurement costs and a growing need for risk-mitigation plans.

Lack of internal resources and talent may hinder procurement's digital transformation

A survey by The Hackett Group suggests that procurement organizations are moving forward with major technology implementations without having the needed skills and internal resources.

As minimum wages rise, procurement must be ready to respond

With 21 U.S. states increasing their minimum wages in 2017, expect to see some suppliers asking for a price hike.

Procurement: It's time to automate!

Fintech services can free up time for procurement professionals to focus on more strategic tasks.

Map your way to an effective sourcing strategy

This business-process mapping technique, designed specifically for procurement, can help you identify which relational and economic sourcing models are right for your company.

Going through a merger? Procurement plays an important role

The procurement department is indispensable when it comes to delivering the savings promised by a corporate merger.

"The Fierce Urgency of Now": Why working with minority suppliers still matters

Some corporations have been questioning the importance of minority-owned businesses to their commercial relationships and supply chains. Yet, the author explains in this essay, it's become increasingly clear that diversity and inclusion fuel growth for businesses as well as for the economy at large.

Tackling the tactical with procurement outsourcing

Outsourcing tactical procurement can help companies focus on adding value.

The U.K. health-care supply chain: Moving toward a world-class operation

Supply chain management across the United Kingdom's health-care sector is evolving in response to a growing need for greater efficiency, lower costs, and enhanced patient safety. Better inventory management holds the key to achieving those objectives.

Five strategies that make procurement more efficient and effective

By embracing technology and focusing on internal customers, world-class procurement organizations are able to reduce their operating costs and headcount, says a Hackett Group study.

Indirect spending worthy of direct attention

If your procurement organization isn't managing your indirect spend, then you're missing out on a significant source of cost savings.

An ethical supply chain doesn't just happen

An ethical lapse can harm not just a company's reputation but also its bottom line. Chief procurement officers need to make sure they have an ethics policy in place that is up-to-date and well communicated.

Heavy rain may bring more pain for the U.S. supply chain

A new report from FM Global says that some regions of the United States will see increased incidents of extreme rainfall and urges supply chain managers to prepare.

Why risk needs to be top of mind for procurement leaders

"Hoping that your luck holds out" is not a good strategy for managing risk in the supply chain, says a new report.

Procurement salary surveys: Underpaid and unrecognized

Procurement professionals agree that salaries are too low. Here's what they can do about it.

Now's the time to manage "tail spend"

By managing their companies' smaller, low-dollar purchases, procurement leaders can better achieve their larger, strategic priorities.

Supply Chain Executive Insight E-Newsletter
Each month the Supply Chain Executive Insight e-newsletter will include brief articles about developments that are often overlooked by other supply chain publications. We will present you with summaries of the latest research as well as new ideas on how to make your supply chain operations more effective. And we'll offer commentary that sheds light on what's happening in supply chains today.
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Perspective
Let's throttle back a bit
Disruptive supply chain technologies that could profoundly change the way we manage inventory, deliver products, and interact with customers are being developed—and implemented—at breakneck speed. Are we moving too fast?

Procurement Priorities
Starved for resources?
Sustainable procurement now has management's attention. But a recent study finds that executives may not be willing to commit the human and financial resources needed for such programs to succeed.

Top-Performing Supply Chains
Supply chain excellence: It's tough to make it to the top—and stay there
Research for Supply Chain Insights' 2017 Supply Chains to Admire list shows that very few companies outperform their peers—and those that do often struggle to maintain their leadership positions.

Research for the Real World
How supply chain complexity affects buyer-supplier relationships
Authors of a selected Journal of Business Logistics (JBL) article explain the real-world implications of their academic research.
Forward Thinking
The impact of Brexit: Three key logistics concerns
The United Kingdom's upcoming exit from the European Union could severely disrupt the island nation's logistics industry by raising fuel prices, exacerbating driver shortages, and impeding border crossings.

Forward Thinking
Five corporations pledge to change their supplier codes of conduct to fight forced labor in their supply chains
Ford, GM, Hormel, Marriott, and Michael Kors have all committed to prohibiting suppliers from using unethical labor brokers.

Forward Thinking
The warehouse as classroom: New supply chain academies target entry-level employees
Western Michigan University programs will teach unemployed area residents warehousing and inventory control skills while providing management and supervisory opportunities for the university's undergraduates.

Forward Thinking
Want a world-class procurement organization? Start with digital technology, research report says
Companies that are looking to slash procurement costs should design their processes around new technologies such as predictive analytics, social media, robotic process automation, and artificial intelligence, according to The Hackett Group.

Forward Thinking
Direct-to-consumer supply chains: Not just for retail anymore
A survey by LCP Consulting and Cranfield University finds that the majority of manufacturers think that shipping directly to the consumer holds growth potential.

Forward Thinking
U.S. sea container imports on record pace for 2017
The rise in seagoing import traffic will make August the busiest month on record, according to the most recent "Global Port Tracker" report.

Forward Thinking
Beyond recycling: To form a truly "circular supply chain," companies need to go to the next level
A report from the consulting firm Accenture says that not enough companies are fully exploring opportunities to reuse, refurbish, remanufacture, or extend the life of their products.

Forward Thinking
Study: Shipments of asset tracking devices could triple by 2022
Improved technology produces better sensors for Internet of Things.

Forward Thinking
Survey: manufacturers seek "smart factories"
The Internet of Things could provide widespread visibility and improved quality by 2022, Zebra says.

Forward Thinking
What "America First" could mean for your supply chain
A recent report from PwC asserts that the Trump administration's trade agenda represents a dramatic shift from the past and recommends that companies prepare by getting better visibility into where their parts and supplies are coming from.

CSCMP Notebook
CSCMP and TSC Advantage offer cybersecurity resources to protect supply chain
The launch of this new training program comes in the wake of a June cyberattack that disrupted operations at Maersk and FedEx.

Arizona Roundtable wins annual CSCMP supply chain simulation game
Online game teaches participants about risk management through running the supply chain for a simulated company.

An AWESOME choice: CSCMP names Nancy Nix as 2017 Distinguished Service Award recipient
Council of Supply Chain Management Professionals honors head of women's supply chain association with its highest honor.

CSCMP's annual conference to focus on leading-edge thinking
CSCMP EDGE Supply Chain Conference and Exhibition is expected to draw more than 3,000 supply chain processionals from across the globe.

Hunting for qualified interns? Ask CSCMP!
CSCMP's online Career Center has a new feature dedicated to internships.

CSCMP