Top Story in Sourcing & Procurement
The bill of materials for an iPhone 7 equipped with 32 gigabytes of NAND flash memory carries $219.80 in bill of materials costs, according to a preliminary estimate from IHS Markit.
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Sourcing & Procurement Posts
With the complex economic and global trade environment pushing rates higher and capacity tighter, shippers and their procurement teams are under pressure to nail down the right suppliers and transportation partners—while squeezing as much value as possible out of their transportation network. (June 07, 2016)
Transportation sourcing and management is critical to your company’s success.
(March 10, 2016)
Procurement offers millennials the opportunity to learn the business from end-to-end, secure executive exposure, and have a significant impact on business performance. (December 15, 2015)
Many organizations recognize the need to modernize and streamline their procure-to-pay process, and in many organizations this has taken the form of adopting e-procurement or e-sourcing technology. (September 25, 2015)
You’ve heard the old saying, it was the best of times, it was the worst of times. Rob Handfield sees this as the best of times for procurement professionals, who have an opportunity to deliver real value to their organizations. (September 03, 2015)
A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. (August 19, 2015)
With an integrated strategy in place as part of a digital supply network, companies can strategically source transportation events more efficiently. Here’s how to begin the assessment of your internal and external operations on the way to gaining a critical edge.
(June 01, 2015)
Initiative designed to acknowledge the industry best and brightest while attracting new talent prepares to head into its third year. (May 06, 2015)
(May 05, 2015)
All too often, supply chain sustainability is reduced to a formulaic mold rather than the adaptable process it should be. (April 16, 2015)
When assessing areas of risk facing their departments, nearly half (45%) of Chief Procurement Officers named supplier risk as a top concern, according to a new survey by Consero Group. (March 30, 2015)
IBM Institute for Business Value shows how procurement exerts greater influence across the enterprise. (January 20, 2015)
"Supply management" has typically referred to the procurement department and the broader set of supply-side processes that the function performs. However, many procurement departments, especially those in non-manufacturing firms, refer to their procurement processes as “spend management.” (September 03, 2014)
Understand your suppliers' cost structures, negotiate prices effectively and strategically time purchases with commodity price forecasts, supplier cost models and buying recommendations. (July 24, 2014)
University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration.University of Tennessee’s Global Supply Chain Institute reports on successful strategies for supply chain integration. (June 17, 2014)