CSCMP's Supply Chain Quarterly
Procurement
May 22, 2019

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.

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.

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Forward Thinking
Colgate-Palmolive claims top spot in Gartner 'top 25' ranking
Company rises from fourth place in 2018 thanks to financial performance, aligned organization, corporate social responsibility.

Forward Thinking
Logistics providers wary of 2019 hurricane season
Companies apply lessons learned from painful storms in past years.

Forward Thinking
AI leads the way in supply chain technology, survey shows
Real-time visibility is the top supply chain priority in 2019, driven by artificial intelligence and machine learning, JDA/KPMG survey reveals.

Forward Thinking
Gartner: Before you dive into digital, be sure you have a strong foundation
Keynote presenters at the Gartner Supply Chain Executive Conference dream of a future where the digital and physical supply chains are combined, but caution that most companies are not there yet.

Forward Thinking
Descartes Systems Group acquires Core Transport Technologies
Deal strengthens software company's mail, parcel, and cargo tracking solutions footprint and boosts global e-commerce capabilities, company says.

Forward Thinking
Commentary: Four steps to becoming a "shipper of choice"
With high demand, tight capacity, and a continuing shortage of drivers, trucking companies can afford to be choosy about which loads they take. Here's how to make yours more appealing.

Forward Thinking
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.

Forward Thinking
Retail imports rising under threat of higher tariffs, report says
The nation's major retail container ports are preparing for unusually high levels of imports this spring and throughout the summer, NRF's latest Global Port Tracker shows.

Forward Thinking
Warehouse demand stays sky-high, real estate firm says
Trend driven by e-commerce logistics, distribution, and warehousing, says Avison Young.

Forward Thinking
Verizon: hackers are targeting C-level executives with social engineering attacks
Cybercrime endangers supply chain information, cloud-based solutions, customer data, report says.

CSCMP Notebook
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.

How customer experience is driving supply chain innovation
CSCMP's Hot Topic publication explores why innovation and customer experience are key factors for all businesses.

On the air with CSCMP ...
The Council of Supply Chain Management Professionals has launched a new podcast series, "Supply Chain Conversation." Now members have the chance to participate.

CSCMP