Topic: Procurement & Sourcing


Comprehensive information about global sourcing and procurement strategies, covering software, spending analysis, order management, supplier evaluation and e-Procurement.


Latest in Procurement & Sourcing

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Risk management: The intersection of supply chain and aircraft availability

Wednesday, March 5, 2025 · Robert J. Delaney, MS, and Amanda L. Femano, Ph.D
With finite resources, it is in the best interest of any organization to properly quantify the risk associated with individual components. In both the military and industry, it is imperative that investments in the supply chain are prioritized based on the overall risk to the…

The evolution of procurement hiring: Strategies for building the next-gen workforce

Wednesday, March 5, 2025 · Daniel May
According to a recent report, only 14% of procurement leaders are confident about the future of procurement talent availability. Daniel May, director of procurement talent development for NASPO, outlines essential strategies to identify and recruit top talent.
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Building resilience

Tuesday, March 4, 2025 · Brian Straight
Tariffs have been added to traditional disruptions such as climate and cybersecurity, creating a complex web of concerns for chief supply chain officers.
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Overcoming obstacles and embracing new supply chain priorities

Tuesday, March 4, 2025 · Marisa Brown
So far, this year has been a continuation of 2024 with supply chains facing disruptions and challenges resulting from multiple factors beyond anyone’s control. At the beginning of 2025, APQC wrapped up its 11th annual Supply Chain Management Priorities and Challenges…
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Achieving goals through collaboration and visibility

Tuesday, March 4, 2025 · Marisa Brown
So far, 2025 has started out as a continuation of the previous year. Factors beyond organizations’ control have taken a toll on their performance on business goals. Many supply chain organizations are looking to overcome obstacles by prioritizing supplier relationships and…
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Starting inside the company: Supply chain resilience demands new initiatives and investments

Tuesday, March 4, 2025 · Global Links
So much is beyond any company’s control, including geopolitical and economic issues, new regulations, natural disasters, and shifting sustainability expectations. What is in a company’s control is to improve resilience systematically and sustainably.
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Fragmented global supply chains coming?

Tuesday, March 4, 2025 · Larry Lapide
If trading blocs develop, supply chain managers must adapt by developing payoff matrices for each, as inaction could lead to significant global business losses.
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It’s time to stay focused

Tuesday, March 4, 2025 · Brian Straight
We talk often about what a visitor from another planet would think if they landed on Earth? Well, the same applies if you open my inbox. Two out of every three messages these days centers on artificial intelligence or the impact of tariffs on supply chains. If you didn’t…

Strategic procurement: CFO strategies for cost savings

Tuesday, March 4, 2025 · Fabian Bodoky
CFOs who embrace procurement as a key driver of financial performance will be better positioned to navigate economic uncertainties, improve operational resilience, and enhance their organization’s competitive advantage, says Efficio’s Fabian Bodoky.

The shifting landscape of tariffs: Strategies for supply chain resilience

Monday, March 3, 2025 · Jonathan Colehower
Tariffs and trade restrictions are introducing new complexities into global supply chains, requiring businesses to rethink sourcing, logistics, and cost management. As tariffs evolve, companies must proactively mitigate risks and optimize supply chain operations to maintain…

Manufacturing sees growth, for the second straight month in January, reports ISM

Monday, March 3, 2025 · Jeff Berman
The report’s benchmark reading, the PMI, came in at 50.3 (a reading of 50 or higher indicates growth), down 0.6% compared to January’s 50.9 reading. The February PMI grew, at a slower rate, for the second consecutive month in February.

Five approaches to mitigate tariff disruptions in your supply chain

Thursday, February 27, 2025 · Al Mendoza and Lynlee Brown
The Trump administration’s frequent tariff announcements have left executives oscillating between complacency and panic, forcing companies to rethink supply chain strategies amid unpredictable trade disruptions and potential retaliatory actions.

Unlocking efficiency: How automation sharpens forecasting in the energy industry

Wednesday, February 26, 2025 · Massachusetts Institute of Technology
In the fast-paced world of energy-exploration technology, companies are constantly on the lookout for innovative strategies to help them stay ahead of market dynamics. For one global energy company, the key to unlocking efficiency was transforming how it predicts the demand…

Pure vs. hybrid EV makers: What does it take to win the race?

Monday, February 24, 2025 · Sai Teja V.V and Dr. Kalyana C. Chejarla
Manufacturers specializing in EV vehicles may have a leg up on competitors trying to build dual supply lines for both EVs and ICE vehicles. But ultimately, the ability to manage the supply chain may be the determining factor.

What is the future of procurement?

Friday, February 21, 2025 · Brian Straight
What is the future of procurement? That is the question that McKinsey & Company sought to answer in a new benchmarking report focused on procurement.
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