CSCMP's Supply Chain Quarterly
Procurement
May 22, 2018

Planning for the unexpected: How "what-if" costing reduces global risk

Cost simulation can help retailers and others that source internationally to reduce unpredictability in their landed costs.

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 Journal of Business Logistics (JBL) 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.

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 »

Top-Performing Supply Chains
Five seismic shifts in supply chain technology
Supply chain technology is changing rapidly as new, innovative solution providers leave traditional legacy players behind.

Research for the Real World
Understanding "crowd logistics"
New research examines how crowd logistics differs from traditional logistics service models and which type of crowd logistics might be the most disruptive.
Forward Thinking
FedEx tests blockchain for cargo tracking
Technology is "the next frontier" for supply chain operations, CEO Smith says.

Forward Thinking
The "Amazonification" of the health care supply chain
As Amazon.com Inc. expands its reach into the B2B market, one of the biggest opportunities it sees is the health care supply chain.

Forward Thinking
Five suggestions for running a successful supply chain rotational program
Early talent development programs that rotate young professionals into different positions across the supply chain can provide valuable cross-functional skills. But participants do have advice on how to make the experience even better.

Forward Thinking
XPO puts "differently abled" employees to work
The transportation and logistics giant has launched a pilot program that places people with intellectual and developmental disabilities in warehouse jobs.

Forward Thinking
Ocean import traffic seen growing through summer despite tariff threats, report says
July and August traffic could set records for single-month activity, NRF-Hackett report finds.

Forward Thinking
A game of Supply Chain Risk
Mars Inc. has found that games are an effective way to teach supply chain risk management and resiliency.

Forward Thinking
JDA says Luminate platform adds visibility to supply chain planning through digital edge technologies
Software as a service (SaaS) approach brings real-time decision making to all points in supply chain, firm says.

Forward Thinking
Global air growth slows markedly in March; end of restock cycle to blame
Demand slows to pace not seen in nearly two years, IATA says.

Forward Thinking
Combilift opens new headquarters and manufacturing facility
The forklift manufacturer's new plant in Monaghan, Ireland, is designed to double production capacity.

Forward Thinking
NASSTRAC announces changes, Expo co-location with CSCMP starting in 2019
NASSTRAC to shift annual spring conference to Washington, D.C., with advocacy focus.

CSCMP Notebook
CSCMP launches Supply Chain Professionals Day
The annual event is set for the third Monday in May and will include online photo campaign.

Amazon EU director will present at CSCMP European Conference
Amazon's Sean Olson-Roy leads a strong lineup of sessions on supply chain's latest trends and developments.

What is the consumer Internet of Things?
New Hot Topics report from CSCMP outlines the evolution of IoT and advocates for strong standards.

Nominate a leader for CSCMP's Distinguished Service Award
CSCMP is accepting nominations for its Distinguished Service Award through April 30.

Know a rising supply chain star?
The Council of Supply Chain Management Professionals will be accepting nominations for its Emerging Leader Award through April 15.

CSCMP