CSCMP's Supply Chain Quarterly
Procurement
March 30, 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
What do you mean, "without the anxiety"?
Human resources issues were beyond the scope of our series on managing the supply chain implications of mergers, acquisitions, and divestments. That doesn't mean they aren't a concern.

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
Carter's: A story of supply chain leadership
The children's apparel company Carter's has made significant improvements to its supply chain by leveraging scale while managing complexity.

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
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.

Forward Thinking
How Ford is collaborating with suppliers to green its supply chain
By sharing its own best practices with its suppliers, the automaker is on track to save 550 million gallons of water and cut carbon emissions by 500,000 metric tons over the next five years.

Forward Thinking
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.

Forward Thinking
Digital logistics market set for 8.1 percent compound annual growth through 2022
Advanced technologies and communication tools improve supply chain efficiency, a new report says.

Forward Thinking
Study: warehousing services market to grow at 6 percent CAGR
Warehousing service providers are planning for growth by deploying technology, alliances, and bundled services.

Forward Thinking
Small and mid-sized manufacturers are behind on supply chain management, according to Grant Thornton
A recent survey finds that more than a third of respondents have only informal supply chain processes.

Forward Thinking
HighJump names four supply chain trends for 2017
Digital transformation strategies should include consumer-grade user interfaces, data analytics, unified commerce, and automated computing. says the software company.

Forward Thinking
How Hilti helps logistics professionals gain more visibility
The European construction-products company has created an award-winning career development plan that enables its logistics employees to play a more entrepreneurial role and demonstrate the value they add companywide.

Forward Thinking
Survey: retailers drive demand for Internet of Things
Zebra study shows retailers seek technologies to let them fulfill online orders from store shelves.

Forward Thinking
Manufacturing jobs may indeed be coming "home," but who will do them?
A new AlixPartners report says that while more manufacturers are considering "nearshoring," they are also stymied by a shortage of skilled labor. Robots may well offer a solution.

CSCMP Notebook
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.

CSCMP renames its annual conference "CSCMP EDGE"
The rebranded annual conference will provide attendees with an edge on the latest supply chain thinking and research.

CSCMP roundtables head into spring with a host of new events
With more than 80 local chapters or roundtables, the supply chain organization has events occurring nearly every week.

European Supply Chain Leadership Forum focuses on enhancing the customer experience
This annual event, hosted by CSCMP's Spain Rountable, will feature presentations from leading supply chain practitioners and experts.

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