CSCMP's Supply Chain Quarterly
Procurement
November 22, 2019

International trade community struggles to deal with tariff revisions

Keeping up with quickly fluctuating tariffs and trade policies requires good communication and the ability to act on short notice, according to speakers at the 2019 Northeast Cargo Symposium.

U.S.-China trade expert: Don't expect resolution of trade dispute any time soon

Each country's policymakers think they can take minor steps now and then wait the other one out, Albright Stonebridge Group's Amy P. Celico tells New England trade group.

CPO Survey: Economic, political risks top agenda

Chief procurement officers say they will cut costs to fight slowing economy and trade threats, Deloitte study shows.

Commitment to sustainable procurement is on the rise

2019 Sustainable Procurement Barometer shows that sustainability awareness is growing among buying and supplying organizations, but challenges persist.

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.

Latest Video

Acme's Doug Sampson on the value of lifelong learning in a world of constant change
Doug Sampson, senior VP of Acme Distribution Centers Inc., joins us from CSCMP's 2019 annual EDGE Conference to discuss his experiences, how much has changed in the logistics world, and the principles of business success that still hold true today.

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Forward Thinking
Commercial real estate market set to continue growth trend in 2020
Market outlook calls for growth in retail, industrial, and logistics sectors, CBRE 2020 report shows.

Forward Thinking
Leaving China to avoid tariffs? Look before you leap
The costs and complexity of shifting sourcing to another country can potentially outweigh any tariff savings, said speakers at a recent trade and transportation conference.

Forward Thinking
Cyber attacks targeted transportation sector in third quarter, report finds
Employees are "last line of defense" as hackers seek to disrupt rivals' supply chains, Mimecast says.

Forward Thinking
Cargo thieves target containers rushed into U.S. ahead of threatened tariffs
Glut of containerized freight is often stored under lax security, unsecured parking, Sensitech says.

Forward Thinking
International trade community struggles to deal with tariff revisions
Keeping up with quickly fluctuating tariffs and trade policies requires good communication and the ability to act on short notice, according to speakers at the 2019 Northeast Cargo Symposium.

Forward Thinking
U.S.-China trade expert: Don't expect resolution of trade dispute any time soon
Each country's policymakers think they can take minor steps now and then wait the other one out, Albright Stonebridge Group's Amy P. Celico tells New England trade group.

Forward Thinking
Cargo volume up at Port of New York and New Jersey
September imports rose nearly 4% and exports fell slightly, but overall volume was up 3.6%, port officials said.

Forward Thinking
Freight carried by for-hire transportation industry fell steeply in September, feds say
Index posts largest one-month plunge since January 2012, amid array of other sour economic indicators, Department of Transportation says.

Forward Thinking
Study finds disconnect in B2B buyer-seller relationship
B2B buyers are growing increasingly frustrated as sellers miss the mark when it comes to blending digital goals with the customer experience.

Forward Thinking
Report: Consumers prefer to shop locally
Survey finds that most consumers would bypass Amazon for local retailers if they could get same-day delivery—even if they had to pay for it.

CSCMP Notebook
Out with the old and in with the new
Instead of searching the website looking for materials, members can now access all of CSCMP's online learning materials via the E-Learning Hub.

The artificial intelligence revolution
CSCMP Hot Topic discusses AI-enabled solutions to help your business prepare for the future.

2019 CSCMP EDGE Conference Report
Here's our roundup of events at the Council of Supply Chain Management Professionals' annual CSCMP EDGE 2019 conference held in September in Anaheim, California.

2019 Supply Chain Innovation Award winner selected
Snap-on Tools and vendor FastFetch were honored for their use of artificial intelligence to slash shipping costs.

CSCMP EDGE keynote speakers to focus on supply chain's role in creating a sustainable business
The annual conference's diverse range of keynote speakers will include the CEO of a direct-to-consumer company, a high-tech guru, millennial entrepreneurs, and an NFL official.

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