CSCMP's Supply Chain Quarterly
Procurement
December 15, 2017

When suppliers and their customers don't see eye-to-eye

New research examines the implications when a customer requests extra accommodations from a supplier that the supplier views as falling outside of its normal roles and responsibilities.

More companies are using analytics to detect supply chain fraud, says Deloitte

Supply chain analytics software can help companies detect possible fraud before the company actually loses money, according to the global consulting company.

The Power of People: McCormick & Company's procurement transformation

When the spice and flavoring company adopted a long-term strategy focused on global growth, the procurement team stepped up with a bold plan to reshape their priorities and organizational structure. The initiative has exceeded expectations, with more improvements to come.

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.

Supply Chain Executive Insight E-Newsletter
Each week 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.
Sign up now!

Most Read Articles

News from our sister publication
DC Velocity
Latest Video

TIA sees no limit to 3PL sector growth

Robert Voltmann, president and CEO of the Transportation Intermediaries Association (TIA), joins us from CSCMP's annual EDGE Conference in Atlanta to discuss the state of the industry, and specifically the role of 3PLs in the market.

More Videos »

Perspective
La la la, I'm not listening ...
The Trump administration's positions on NAFTA would seriously harm the industries the White House says it is trying to protect. Business groups are trying to get that message through, but it's falling on deaf ears.

Top-Performing Supply Chains
Selecting supply chain planning software? Trust, but verify!
To determine which solution is best for your operation, have the vendors on your short list compete in a "proof of concept" test.

Research for the Real World
When suppliers and their customers don't see eye-to-eye
New research examines the implications when a customer requests extra accommodations from a supplier that the supplier views as falling outside of its normal roles and responsibilities.
Forward Thinking
More companies are using analytics to detect supply chain fraud, says Deloitte
Supply chain analytics software can help companies detect possible fraud before the company actually loses money, according to the global consulting company.

Forward Thinking
Pioneer of the profession Bud La Londe dies at 84
Bernard J. "Bud" La Londe is remembered for his profound influence on the practice and teaching of logistics and supply chain management.

Forward Thinking
Commentary: Let's rein in the blockchain exuberance
It's the hottest IT topic to come down the pike in years. Now if people only knew what to do with it.

Forward Thinking
Average size of U.S. warehouses has doubled since 2002, CBRE report finds
The broom in e-commerce has expanded the girth and height of warehouse over the past decade.

Forward Thinking
New coalition looks to educate policymakers and public about importance of the global value chain
Members of the U.S. Global Value Chain Coalition include five industry associations plus major retailers such as Target, Levi Strauss, and VF Corp.

Forward Thinking
Convenience drives buying trends in an omnichannel world
"BOPIS" and "BORIS" options breathe new life into brick-and-mortar stores as buyers seek convenience above all else in today's omnichannel environment.

Forward Thinking
Study: Reverse logistics still a puzzle for omnichannel retailers
The promise of hassle-free returns may keep customers happy, but a recent survey suggests that omnichannel players are still struggling to find the right balance between cost and service.

Forward Thinking
How to better prepare your supply chain for the next extreme event
The destruction wrought by recent natural disasters in North America serves as a reminder of the value of having a supply chain disaster-recovery plan.

Forward Thinking
Mexican approach to NAFTA renegotiation offers a lesson for the U.S., observers say
Mexico's public-private collaboration ensures that—unlike in this country—government and industry are on the same page when it comes to negotiating positions and priorities, say Mexican trade experts at Coalition of New England Companies for Trade conference.

Forward Thinking
U.S. Customs plans to update CTPAT best practices, minimum-security requirements, and compliance certification
The director of the cargo security program outlined current and planned updates at the Coalition of New England Companies for Trade's annual cargo symposium.

CSCMP Notebook
CSCMP updates SCPro Certifications
Industry association's three-tiered certification program now includes updated industry intelligence and an online option.

Report examines blockchain opportunities and challenges
New CSCMP Hot Topics report provides an introduction to this distributed ledger technology.

Final call for 2018 CSCMP's Supply Chain Hall of Fame submissions
Industry professionals have until the end of the month to nominate individuals who have made outstanding contributions to supply chain management.

2017 CSCMP EDGE Conference Report
Here's our roundup of events at the Council of Supply Chain Management Professionals' annual CSCMP EDGE 2017 conference held in September in Atlanta, Georgia.

CSCMP bestows 2017 awards for excellence
Council of Supply Chain Management Professionals honors members' contributions to the discipline.

CSCMP