CSCMP's Supply Chain Quarterly
Procurement
October 17, 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.

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Perspective
The young and the ambitious
Take the time to learn more about the talented, motivated young people who are entering our profession. There's much you can do to help them achieve their goals.

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
U.S. import box rates continue fall despite solid U.S. traffic flows
Spot-market data from online quote portal Freightos shows persistent rate declines.

Forward Thinking
Commentary: Unleashing your supply chain's potential through a bimodal approach
Gaining the full benefits of this valuable approach requires integrating two ways of thinking.

Forward Thinking
New report goes inside the minds of young supply chain professionals
YPs give high marks to their jobs, their employers, and the profession as a whole, but they're always on the lookout for career development and advancement opportunities, a survey of nearly 300 young CSCMP members finds.

Forward Thinking
Will Amazon dominate last-mile delivery? Consensus, right now, is probably not
Industry observers see rumored U.S. testing of the company's "Seller Flex" service as an attempt to stay ahead of surging demand, not as a market-share play.

Forward Thinking
Twin hurricanes may go down as nation's most expensive natural disaster, report says
Harvey, Irma to shave 1.2 percent off Q3 GDP growth; transport services back to normal in Houston.

Forward Thinking
GE enrolls 35 employees in MIT supply chain course
Students in GE's anagement leadership students will attend mix of online and in-person courses.

Forward Thinking
Disruptive business models require disruptive supply chain strategies
Nike, Blue Apron, and Peloton executives discussed how they are adapting their supply chains for their direct-to-consumer business models at the CSCMP EDGE Annual Conference.

Forward Thinking
Trump's Jones Act waiver to aid Puerto Rico, Virgin Islands may not solve near-term problem
Stevedores want cash to move boxes, but many banks aren't open to provide it, says Kathy Fulton of the American Logistics Aid Network.

Forward Thinking
Which supply chain innovations are ready for the mainstream?
A new report from Gartner Inc. identifies nine new technologies and strategies that it predicts will see widespread adoption by 2022.

Forward Thinking
Digitization will boost supply chain value, executives say
CSCMP EDGE panel says that technology will help improve delivery times to meet strict customer demands.

CSCMP Notebook
CSCMP names 2017 Emerging Leader Award winners
Nathan Chaney of Mainfreight and David Perez of Cushman & Wakefield will be recognized at CSCMP's annual conference for their contributions as young supply chain professionals.

CSCMP EDGE conference to offer three facility tours
Conference attendees will have the opportunity to tour the Atlanta Community Food Bank, a Home Depot fulfillment center, and a Kroger distribution center.

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.

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