CSCMP's Supply Chain Quarterly
Procurement
November 18, 2018

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.

Map your way to an effective sourcing strategy

This business-process mapping technique, designed specifically for procurement, can help you identify which relational and economic sourcing models are right for your company.

Going through a merger? Procurement plays an important role

The procurement department is indispensable when it comes to delivering the savings promised by a corporate merger.

"The Fierce Urgency of Now": Why working with minority suppliers still matters

Some corporations have been questioning the importance of minority-owned businesses to their commercial relationships and supply chains. Yet, the author explains in this essay, it's become increasingly clear that diversity and inclusion fuel growth for businesses as well as for the economy at large.

Tackling the tactical with procurement outsourcing

Outsourcing tactical procurement can help companies focus on adding value.

The U.K. health-care supply chain: Moving toward a world-class operation

Supply chain management across the United Kingdom's health-care sector is evolving in response to a growing need for greater efficiency, lower costs, and enhanced patient safety. Better inventory management holds the key to achieving those objectives.

Five strategies that make procurement more efficient and effective

By embracing technology and focusing on internal customers, world-class procurement organizations are able to reduce their operating costs and headcount, says a Hackett Group study.

Indirect spending worthy of direct attention

If your procurement organization isn't managing your indirect spend, then you're missing out on a significant source of cost savings.

Latest Video

NASSTRAC's new home and focus on the future
Gail Rutkowski, executive director of the National Shippers Strategic Transportation Council (NASSTRAC), discusses the critical issues facing the industry and her group's new affiliation with CSCMP.

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Top-Performing Supply Chains
Five seismic shifts in supply chain technology
Supply chain technology is changing rapidly as new, innovative solution providers leave traditional legacy players behind.

Research for the Real World
How effective is crowdsourced logistics?
Forward Thinking
Shoppers value communication over convenience in the returns process, study shows
Transparent policies and proactive updates positively influence consumer perception and brand loyalty, according to Narvar study of 1,300 online shoppers.

Forward Thinking
Wanted: The Billy Beane of freight
The data produced by trucks' electronic logging devices could change the way that people manage transportation and logistics operations.

Forward Thinking
ALAN mobilizes logistics response to California wildfires
Hundreds of thousands of residents displaced and dozens killed as fires continue to burn.

Forward Thinking
Study describes eight best practices for supply chain integration under a single executive
Practice presents unique challenges, Univ. of Tennessee whitepaper says.

Forward Thinking
Companies report double-digit growth in industrial IoT usage
Industrial firms are getting more sophisticated in their use of IoT for asset management, customer services, IFS survey shows.

Forward Thinking
Future continues to look bright for transportation, logistics industry
Survey shows that logistics and transportation professionals optimistic about the U.S. economy, revenues, and profitability.

Forward Thinking
Artificial intelligence will trigger a new reality for logistics
Companies that don't adapt before their peers will get run over by this "technology train," GT Nexus exec tells 3PL conference.

Forward Thinking
Gartner flags 10 strategic tech trends for 2019
Convergence of emerging technologies will create disruption and spawn new business models, firm says.

Forward Thinking
The cost of a failed delivery continues to rise, survey shows
84 percent of shoppers are unlikely to return to a retailer after just one negative experience, Convey, Inc.'s third annual consumer expectations survey finds.

Forward Thinking
Geopolitics, technological innovation top global transport industry concerns
Majority of companies surveyed say autonomous trucks will be a "viable option" within the next 10 years, IRU study shows.

CSCMP Notebook
2018 CSCMP EDGE Conference Report
Here's our roundup of events at the Council of Supply Chain Management Professionals' annual CSCMP EDGE 2018 conference held in October in Nashville, Tennessee.

Dell, Drucker, Stephenson, Gattorna feted by CSCMP
CSCMP's Hall of Fame inductions took place at association's annual EDGE conference in Nashville.

ALAN honors Alison Thompson with Lifetime Achievement Award; Home Depot, Estes, The Shippers Group also honored
The organization's Humanitarian Logistics Awards recognize supply chain professionals and organizations who demonstrate their commitment to disaster relief efforts.

Back on the "unchained" gang?
CSCMP looks to reunite "CSCMP Unchained" band at this fall's Edge conference.

Gattorna to receive CSCMP Distinguished Service Award
A 40-year veteran of the supply chain and logistics profession, Gattorna is best known for his work on dynamic supply chains.

CSCMP