CSCMP's Supply Chain Quarterly
Procurement
March 29, 2020

Supply chain companies to launch healthcare industry exchange

Digital clearinghouse will match available inventory to hospitals' needs, addressing shortages, increased demand for medical supplies.

Businesses gear up for supply chain challenges

Companies should ready for a six-month disruption to global supply chains and prepare for changes in sourcing strategies moving forward as a result of the coronavirus pandemic, supply chain experts warn.

Procurement to focus on analytics in 2020

Better analytics will help procurement departments become more cost efficient, deliver value in new ways, study finds.

Ethics, communication top list of future-focused procurement skills

General business and social skills trump job-specific requirements in the procurement role of the future, APQC report shows.

Procurement gets smart, adds greater value over the next five years

Procurement organizations that fully optimize their technology architecture and embrace smart automation can realize productivity advantages of up to 68%, Hackett Group researchers say.

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.

Latest Video

ITA Presidents Forum offers global lift truck market insights
Every four years, the leaders of associated lift truck trade associations worldwide meet in the US to present and discuss trends in the global lift truck market, including representatives from Japan, China, the European Union and the United States.

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Forward Thinking
Report: 5 actions to take in a disruptive economy
Consulting group outlines five steps companies can take now to improve business in disruptive times.

Forward Thinking
Commentary: Getting B2B digital sales right in the wake of COVID-19
Social distancing measures are making it even more important for companies to have a digitally enabled sales and supply chain operations.

Forward Thinking
Supply chain companies to launch healthcare industry exchange
Digital clearinghouse will match available inventory to hospitals' needs, addressing shortages, increased demand for medical supplies.

Forward Thinking
Port of New York and New Jersey expects another strong week amid Covid-19 pandemic
Workers delivered 53,000 containers to customers last week, as ports work to keep supply lines running.

Forward Thinking
Industry groups urge Americans to "thank a trucker"
#thankatrucker campaign urges businesses, consumers to recognize the work truck drivers are doing to keep trade flowing across the United States.

Forward Thinking
Demand for inventory, e-commerce fuels long-term outlook for logistics real estate
COVID-19 and economic recession top the list of five themes shaping the logistics real estate market, report shows.

Forward Thinking
Commentary: How to respond to panic buying—a supply chain perspective
As the coronavirus outbreak spreads, consumers have taken to stockpiling staples and health supplies. Beyond Amazon hiring 100,000 warehouse and delivery workers, what steps should retail supply chains take to alleviate shortages and get product back on shelves?

Forward Thinking
XPO supports the next generation of women leaders
Transportation and logistics provider renews its support of Girls With Impact, funding business leadership training for teenage girls.

Forward Thinking
Food industry groups partner to keep supply lines open
IFDA and FMI-Food Industry Association are matching foodservice distribution companies with retailers and wholesalers to keep businesses running and store shelves stocked.

Forward Thinking
Businesses gear up for supply chain challenges
Companies should ready for a six-month disruption to global supply chains and prepare for changes in sourcing strategies moving forward as a result of the coronavirus pandemic, supply chain experts warn.

CSCMP Notebook
CSCMP and Trimble Transportation host video contest for young supply chain professionals
Winner will receive complimentary registration to CSCMP EDGE Conference.

How innovative is your supply chain?
The submission deadline for CSCMP's Supply Chain Innovation Award is March 15, 2020.

CSCMP and NASSTRAC offer new on-site training programs
Sessions will focus on supply chain fundamentals, leadership, strategy, and risk management.

Do you know a rising young supply chain leader?
The nominations period for CSCMP's Emerging Leader Award closes February 14, 2020.

How sharing trusted data can unite the retail supply chain
Susan Pichoff of GS1 discusses a research study at Auburn University that's exploring how RFID, GS1 Standards, and blockchain can help overcome challenges in the supply chain industry.

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