Category: Procurement

25
Feb
calendar_today Feb 25, 2020 person Andy Tankanow label Procurement

Procurement departments should clearly define a mutually agreed upon approach to calculating cost avoidance with other departments such as finance and corporate leadership to fully realize its value.

4
Feb
calendar_today Feb 4, 2020 person Andy Tankanow label Procurement

A good scorecard should be easy to maintain, engaging to suppliers while giving them a voice, and rewarding to good performers based on objective data collection. Here are three tips we recommend to improve yours.

26
Dec
calendar_today Dec 26, 2019 person Justin Coffin label Procurement

Indirect spend items provide a massive opportunity for an organization to reduce costs. Use these three strategies to eliminate waste using minimal resources.

18
Dec
calendar_today Dec 18, 2019 person Chris Walling label Procurement

Companies target low-volume programs to provide more of the mass customization consumers demand. Use these six tips to take down common low-volume sourcing challenges.

18
Nov
calendar_today Nov 18, 2019 person Tony Lancione label Procurement

While cost remains critical in any sourcing activity, don’t let it cloud your judgement when identifying potential supply partners. The five considerations highlighted in this blog are more important in the long run.

7
Nov
calendar_today Nov 7, 2019 person Justin Coffin label Procurement

Strategic relationships with commodity suppliers will result in reduced risk and better long-term health for the supply chain, where organizations can insulate themselves from market risks, costs of high inventory, and high costs of supply shortages.

7
Sep
calendar_today Sep 7, 2019 person William Crane label Procurement

The ongoing US-China trade war may have your organization thinking about resourcing, so we’re here to tell you that it’s definitely possible. Follow the steps provided in this blog to move your production operation and avoid resourcing pain.

31
Aug
calendar_today Aug 31, 2019 person William Crane label Procurement

Procurement leaders are poised to unleash a wave of innovation by outsourcing non-essential operations, releasing themselves and their teams from the tactical day-to-day grind.

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