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

Procurement Specialists Focus on Talent Retention

Monday, September 26, 2016 · Patrick Burnson
World-class procurement organizations are nearly twice as likely to have talent retention planning in place, and see turnover rates that are more than 50 percent lower than typical companies

Reduce Procurement Costs by Taking a Wider View

Friday, September 9, 2016 · Becky Partida
Supply chain organizations are searching for ways to reduce procurement cost. APQC's research shows that organizations have the largest group of their procurement full time employees assigned to ordering materials and services.
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A holistic view of procurement leads to efficiency

Thursday, September 1, 2016 · Becky Partida
Making changes to other procurement processes can lead to fewer resources and cost allocated to tactical activities.

Will your procurement strategy get you fired?

Tuesday, August 16, 2016 · SCMR Staff
Too many procurement leaders and managers rely on supply management strategies that deliver results in the short term but that aren't sustainable over the long haul. Once the sheen from those early wins rubs off, senior management looks for someone knew to take the helm.…
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The soul of the procurement organization

Wednesday, July 6, 2016 · Sigi Osagie
Organizations that remain successful over the long run always invest significant resources in nurturing their “people capability” because they “get it”—they understand that people are the heartbeat behind organizational performance.
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Defining excellence in the advanced procurement organization

Thursday, May 5, 2016 · Yves Thill and Jennifer Garlitz
Many companies have little visibility into their external spend in a detailed and holistic manner; it is fragmented, managed in silos by disparate stakeholder groups, and under-leveraged as a result.
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Collaboration leads to clear benefits for procurement and product development

Thursday, May 5, 2016 · Becky Partida
Suppliers can inform product development and the R&D group can help select the best suppliers.

Six Key Steps to Sustainable Procurement Success

Monday, April 18, 2016 · Shruti Agrawal
The purchasing function plays a vital role in driving revenue and requires superior capabilities to ensure long-term competency.

Making Procurement Great Again

Friday, April 15, 2016 · Robert A Rudzki
There are three distinct categories of talent necessary for achieving optimal performance: “procurement employees” are just one of the three categories.

The 3 Relationships Procurement Executives Must Build to Support Cost Reduction Efforts

Monday, April 11, 2016 · Paul Mandell
Managing costs with limited resources poses a particularly vexing challenge to corporate procurement leaders.

Procurement Managers See Pressure to Reduce Costs Ramping Up

Monday, March 7, 2016 · Patrick Burnson
For 2016, companies are expecting to see business uncertainty and risk increase, along with greater struggles to grow revenue

Attention Procurement Executives: The 3 Keys to Building a Winning Internal Strategy

Thursday, February 4, 2016 · Paul Mandell
It has become clear that the most effective procurement departments rely not just on their own departmental capabilities and resources but also leverage internal partners to support their work.

Sustainable Procurement: What Procurement Officers Can Learn from 3 Case Studies

Friday, January 15, 2016 · Ryan Belcher
On the heels of the historic climate agreement signed in Paris by nearly 200 nations in December, climate change has been increasingly on the minds of procurement executives of Fortune 1000 companies.

Praising Procurement Specialists

Thursday, January 14, 2016 · Patrick Burnson
Greybeard Advisors is Named a Top Strategic Sourcing Consultancy by Kennedy Consulting

Procurement Study Pays Attention to Younger Generation

Thursday, December 10, 2015 · Patrick Burnson
Procurement offers millennials the opportunity to learn the business from end-to-end, secure executive access and exposure, and have a significant impact on business performance.But skeptics ask: "Do we really need another framework, or do we just need to do a better job…
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