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Home » Topics » Procurement

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

October 24, 2017
Toby Gooley and Grace Woo
No Comments
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.
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Forward Thinking

New report touts benefits of using group purchasing organizations for health-care supplies

July 17, 2017
Supply Chain Quarterly Staff
No Comments
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.
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Research for the Real World

How supply chain complexity affects buyer-supplier relationships

June 22, 2017
Supply Chain Quarterly Staff
No Comments
Authors of a selected Journal of Business Logistics (JBL) article explain the real-world implications of their academic research.
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Procurement Priorities

Starved for resources?

March 29, 2017
Susan Avery
No Comments
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.
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Forward Thinking

What growing nationalism may mean for procurement

March 28, 2017
Supply Chain Quarterly Staff
No Comments
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.
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Forward Thinking

Lack of internal resources and talent may hinder procurement's digital transformation

March 24, 2017
Supply Chain Quarterly Staff
No Comments
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.
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Procurement Priorities

As minimum wages rise, procurement must be ready to respond

January 25, 2017
Susan Avery
No Comments
With 21 U.S. states increasing their minimum wages in 2017, expect to see some suppliers asking for a price hike.
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Procurement Priorities

Procurement: It's time to automate!

December 22, 2016
Susan Avery
No Comments
Fintech services can free up time for procurement professionals to focus on more strategic tasks.
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Map your way to an effective sourcing strategy

December 13, 2016
Kate Vitasek
No Comments
This business-process mapping technique, designed specifically for procurement, can help you identify which relational and economic sourcing models are right for your company.
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Procurement Priorities

Going through a merger? Procurement plays an important role

November 22, 2016
Susan Avery
No Comments
The procurement department is indispensable when it comes to delivering the savings promised by a corporate merger.
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