CSCMP's Supply Chain Quarterly
Procurement
July 23, 2019

Survey: Millennials demand faster, more customer-focused services for industrial buying

Young, tech-savvy customers want quick delivery, post-sales support, UPS says.

Digitalization in procurement to accelerate in 2019

Survey shows 84 percent of CPOs consider digitalization important for improving procurement performance.

Supply chain tasks weigh heavy in healthcare, survey shows

Clinicians and supply chain managers say supply chain-related tasks are causing stress and affecting patient care, according to Cardinal Health survey.

Study: Procurement needs a higher profile

Companies must develop a stronger focus on purchasing in the digital age if they want to innovate and increase their business agility, Forrester/Ivalua study shows.

Digital transformation highlights talent crunch

Procurement organizations must transform and "reskill" existing staff to meet the demands of a digital business services environment, study says.

Legally sound procurement: how to add legal value to the purchase of goods and services

A simple but revolutionary change in the process of negotiating procurement contracts can dramatically improve a buyer's position. Getting legal experts involved right from the beginning saves time, allows for a better assessment of proposals, and may lead to more favorable contract terms. Above all, it ensures fully informed decisions.

Automotive supply chain braces for change

USMCA will yield long-term gains, but short-term cost increases will shift supply chain landscape, company survey shows.

Commentary: From a patchwork of solutions to unbroken digital thread

A cloud-based procurement network can knit together previously disparate data to reveal patterns and trends that can unlock supply chain efficiency.

What is intuition's role in the supply chain?

Authors of a selected Journal of Business Logistics (JBL) article explain the real-world implications of their academic research.

A fresh take on inventory as a source of working capital

A three-pronged approach to inventory analysis can help companies free up cash while getting more value from underperforming or unwanted inventory.

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.

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Forward Thinking
Food retailers adopt blockchain platforms for track and trace
Organo picks IBM Food Trust, Bumble Bee joins SAP Cloud Platform Blockchain.

Forward Thinking
Report: Logistics vital to evolving medical supply chain
DHL/American Airlines Cargo study details the future of medical logistics in Latin America and offers four solutions to support the development of "personalized medicine." 

Forward Thinking
Amazon to invest in "upskill" training
Online retailer to invest $700 million to train employees for in-demand jobs across the organization, including at its fulfillment centers and in its transportation network.

Forward Thinking
June retail sales beat forecasts despite tariff stress, NRF finds
NRF also predicts families will spend more than ever on back-to-school purchases this fall.

Forward Thinking
CBRE: logistics real estate supply ticked up slightly in second quarter
Expansion breaks nearly nine-year trend of declining warehouse space in historically tight market.

Forward Thinking
Small retailers try to put their personal stamp on Amazon's "Prime Day"
Impact of summer shopping peak sends ripples felt by competitors and carriers outside e-commerce giant's own network.

Forward Thinking
Logistics tech firm builds underground, automated warehouse
Site in parking garage will support one-hour grocery delivery in Tel Aviv, CommonSense Robotics says.

Forward Thinking
Tropical Storm Barry menaces Gulf Coast with threat of heavy rain
Port of New Orleans to close container and breakbulk terminals by noon on Friday.

Forward Thinking
Companies stalled on the road to full e-commerce implementation
Study shows that 60 percent of B2B companies and 70 percent of B2C companies have not yet fully implemented their e-commerce strategies.

Forward Thinking
Hub Group expands in Chicago
Transportation solutions company breaks ground on a second building, doubling the footprint at its Oak Brook, Ill., headquarters.

CSCMP Notebook
CSCMP recognizes 2019 Emerging Leader Award winners
Unilever's Anahi Arza and CoLane's Parker Holcomb will be recognized at CSCMP's annual EDGE Conference for their meaningful contributions to the supply chain profession.

CSCMP looks to give military veterans the EDGE
Veterans interested in a career in logistics and supply chain management can apply until June 1 for free CSCMP benefits.

CSCMP to unveil 30th Annual State of Logistics Report in June
This year's report will be released June 18, 2019, at the National Press Club in Washington, D.C.

NASSTRAC spring meeting to focus on federal regulations and legislation
In addition to a full day of educational sessions, attendees will have the opportunity to meet with congressional leaders and discuss topics affecting transportation.

CSCMP's annual conference is looking toward the future
CSCMP EDGE Conference and Exhibition will be held in Anaheim, California September 15 - 18.

CSCMP