CSCMP's Supply Chain Quarterly
Procurement
May 23, 2017

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.

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.

When "moneyball" meets procurement

The global logistics conglomerate Maersk Group analyzes data from its online auctions to identify sourcing strategies.

No procurement? Could it be?

A new book questions whether the procurement function will continue to exist in its current form.

CPOs lack faith in their staff, survey finds

A Deloitte survey of chief procurement officers found that the majority of CPOs are not confident in their teams' ability to deliver on their procurement strategy. Many are relying on technology to fill the gap.

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
Happy 10th anniversary to us!
As Supply Chain Quarterly enters its second decade, we will continue to provide readers with fresh thinking about supply chain strategy in an in-depth yet accessible form.

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
Time for a change in direction: Seven use cases for hyperledger in the supply chain
To handle the complex interactions occurring throughout their value networks, supply chain leaders will need to embrace open source technology.

Research for the Real World
The advantages of a holistic approach to cross-docking
Authors of a selected Journal of Business Logistics (JBL) article explain the real-world implications of their academic research.
Forward Thinking
Study shows growth in digital linkages between customers and suppliers
Nearly a third of companies surveyed say their trading partners are more prepared for automated data exchange than they are.

Forward Thinking
Mexico's NAFTA advocate
Despite the current uncertainties about the future of the North American Free Trade Agreement, Mexico's place in the global supply chain is secure, says Kenneth Smith Ramos, head of the Mexico's Trade and NAFTA Office in Washington, D.C.

Forward Thinking
Which country has the most resilient supply chain of them all?
FM Global has released the results of its 2017 Global Resilience Index, which ranks countries based on their ability to tolerate disruptive events. The latest edition features more risk factors and a new comparison function.

Forward Thinking
Sea container imports seen growing through summer, fall, report says
First-half TEU volumes are forecast to be up 5.6 percent, an NRF-Hackett report says.

Forward Thinking
SCM World is accepting entries for its Power of the Profession Awards
The awards will recognize supply chain initiatives that have not only delivered value to customers and shareholders but also had an impact on diversity, employee engagement, or critical world issues.

Forward Thinking
North American robotics orders jump 32 percent in first quarter
Growth is driven as Amazon and GM invest in automation, the industry's trade group says.

Forward Thinking
Creating a consumer-friendly supply chain continues to challenge retailers
For retail supply chains to succeed today, they must focus on improving the consumer's overall experience. Many are still struggling to achieve that goal, says a recent report from eyefortransport.

Forward Thinking
Consumer goods companies hone technology solutions
Grocers are finding new supply chain efficiencies with the latest technology, but the solutions aren't always perfect out of the box.

Forward Thinking
Food retailers name three ways to cut "unsaleable" goods out of supply chain
Trading Partner Alliance (TPA) and CHEP encourage wider sharing of UPC-level data and better management of shelf life and discontinued items.

Forward Thinking
DeBiase, French to receive AWESOME Legendary Leadership Awards
Fourth annual awards recognize successful supply chain executives who have addressed women's career challenges and supported the advancement of women's supply chain leadership.

CSCMP Notebook
CSCMP and Truckstop.com collaborate on supply chain paper contest
The first-place winner of the annual Call for Papers for Young Professionals will receive a complimentary registration to the CSCMP EDGE conference.

In their own words: Members tell why CSCMP is important to them
A new video produced by the Council of Supply Chain Management Professionals features members' thoughts on the personal and professional benefits of membership in the organization.

CSCMP EDGE conference announces its lineup of keynote speakers
A writer from Pixar Animation Studio, an artificial intelligence expert, and a war hero will provide advice on leading during times of change.

Tackling the challenge of last-mile delivery
In the latest CSCMP Hot Topics publication, A.T. Kearney analysts predict how companies will respond to the increasing demands and costs associated with e-commerce logistics.

Nominate a promising supply chain star for the CSCMP Young Professionals Emerging Leader Award
Nominations are due May 15.

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