Sourcing & Procurement News
How Pratt & Whitney Is Managing Its Future Growth and Supply Chain Suppliers
While many companies are challenged to grow their revenue in today’s slow economy, Pratt & Whitney faces a different Issue: How to lock up supply as it ramps up to double the output of its new jet engine over the next five years - this is how they did it.
Foxconn Offers $5.3 Billion to Take Over Sharp
Foxconn, the Taiwanese company that assembles Apple's iPhones, has made a ¥600 billion bid, about $5.3 billion, to purchase troubled Japanese electronics maker Sharp,
Supplier Relationship Management: How Key Suppliers Drive Competitive Advantage
As a result of further outsourcing of non-core competencies, organisations are starting to realize that they have become more reliant on suppliers in terms of innovative power, security of supply, corporate social responsibility, and on-going cost savings.
The Trade-Offs of Outsourcing Procurement
Before you decide to outsource routine procurement activities, consider what your organization values most.
2015 U.S. Reshoring Index Indicates Manufacturing Reshoring Trend Has Subsided
The second annual A.T. Kearney U.S. Reshoring Index shows that for the fourth consecutive year, reshoring of manufacturing operations to the United States has once again failed to keep up with offshoring.
Building a Bolder Legacy: The Procurement Mission Is Under Way
The call for procurement to create and manage for value is becoming more intense, and the question is, will the profession more broadly seize the opportunity?
Procurement Pays Attention to Younger Generation
Procurement offers millennials the opportunity to learn the business from end-to-end, secure executive exposure, and have a significant impact on business performance.
Black Friday U.S. E-Commerce Up 16.1% Over 2014
Data from the Custora E-Commerce Pulse shows that Black Friday was mobile Friday, with Apple mobile phones and tablets accounting for 77.6% of all orders online, and email marketing driving a quarter of all transactions.
Benefits of Modernizing the Procure-to-Pay Process
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.
Does Global Trade Need A (Bitcoin) Global Currency?
The logistics industry is seriously talking about a virtual currency like Bitcoin, which could open up an array of new markets, while speeding the worldwide exchange of goods.
Bitcoin Currency Explained
Currency comes in many forms. In the early days of humanity, anything of value could be traded or bartered, but modern societies soon saw the need for a more universal approach.
Bitcoin: A Peer-to-Peer Electronic Cash System
No mechanism exists to make payments over a communications channel without a trusted party - what is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.
20 Best Practices for Negotiating and Managing Key Supplier Relationships
As senior management places greater emphasis on sourcing and procurement as a means to gain competitive advantage, procurement is moving from the back office to the boardroom.
Why Emotional Intelligence Matters in Negotiations
The term “emotional intelligence” has become a fixture in discussions about leadership success, but it is equally relevant to successful negotiation.
Apple iPhone Sales Slack Says Supply Chain Leak
Apple Inc. will release a new iPhone this week, and Wall Street will be watching the firm for signs of growth, or its opposite.
Be More Strategic About Your Supply Chain Sourcing
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.
How to Build a Strategic Sourcing Organization
This report will illustrate the requirements for developing a strategic sourcing organization today, and how to create a roadmap for success into the future.
UPS Industrial Buying Dynamics Study
The challenges faced by industrial distributors are many, but they’re surmountable if companies are willing to re-examine how best to serve their customers’ needs today and tomorrow.
Raytheon’s Supplier Relationship Management
Raytheon is on a mission to be the Customer of Choice and earn preferential treatment from its suppliers, and to get there, the defense contractor is looking to a Supplier Advisory Council for advice, ideas, and innovation.
Fast-Track Success in mPayments
Mobile payments and their role in omni-channel engagement, sales, and loyalty strategies represent a largely untapped but huge opportunity.
Featured Companies
CashStar, the industry-leading provider of prepaid commerce solutions, enables the world’s top retailers and restaurants to grow and innovate in the rapidly evolving retail environment. CashStar provides best-in-class capabilities, revenue-optimizing risk management and a client success model based on…
For nearly 20 years, ADR North America has been transforming the purchasing practices of global companies in the United States, Canada and Mexico. Based on the expertise of its president, Bill Michels, CPSM, and the innovative supply management tools developed by…
SPS Commerce perfects the power of trading partner relationships with the industry’s most broadly adopted, retail cloud services platform. As a leader in cloud-based supply chain management solutions, we provide proven integrations and comprehensive retail performance analytics to thousands…
Syncron solutions create agile and streamlined supply and demand chain management processes that improve your competitiveness and financial performance. With Syncron’s industry-leading software and expert supply chain consultants, managing a complex global supply chain is easy.
Vantage Partners is a global management consulting firm. We specialize in helping companies achieve breakthrough business results by transforming the way they negotiate with, and manage relationships with, key business partners.
Scout RFP provides a new breed of cloud-based strategic sourcing solutions that help organizations source faster and achieve better business outcomes. Our simple, effective interface enables companies to streamline supplier selection, centralize data, and make more informed purchasing decisions, faster.
BigCommerce is the world’s leading cloud ecommerce platform for established and rapidly-growing businesses. Combining enterprise functionality, an open architecture and app ecosystem, and market-leading performance, BigCommerce enables businesses to grow online sales with 80% less cost, time and complexity than…
Workday is a leading provider of enterprise cloud applications for finance, HR, and planning. Founded in 2005, Workday delivers financial management, human capital management, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies. Organizations ranging…
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise to forge solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance…
People closest to a problem know how to fix it best. So we empowered business leaders with Kissflow - the #1 Digital Workplace Software, used by 10,000+ customers across 160 countries. Make your Digital Transformation journey smart & simple. Try Kissflow today!
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