Global

Procurement Is the Ultimate Guardian of Responsible Supply Chains

Posted: 01/27/2020 - 00:00
Author: Thomas Udesen
Procurement Is the Ultimate Guardian of Responsible Supply Chains

Imagine a world where all people thrive within the environmental boundaries of our planet. Picture a planet where the immediate threat of climate disaster has been avoided and where global businesses have evolved their business models to support a responsible and low-carbon economy.

Whilst is seems a bit far-fetched looking at today’s realities, we fundamentally believe this world vision is possible and millions of procurement professionals worldwide are mission-critical in making this come true.

Three Supplier Conversations You Need to Have Now

Posted: 01/22/2020 - 00:00
Author: Edmund Zagorin
Your suppliers’ threat profiles will inevitably add to your business’ cybersecurity risk.

Suppliers are mission-critical partners for business success. Unfortunately, too often, an “arm’s length” relationship creates problems that are revealed only after it’s too late.

When suppliers feel conversations only occur after poor performances, the opportunity to have a productive, collaborative conversation may already be over.

The Predictably Irrational Appeal of Print Marketing

Posted: 01/17/2020 - 01:05
Author: Sarah Scudder
The Predictably Irrational Appeal of Print Marketing

For years, many advocates of print-based marketing channels and tactics have argued that the physical and tactile nature of tangible marketing materials make them more appealing and persuasive than purely digital forms of communications. Until recently, however, these arguments have been based mostly on instinct or intuition rather than on hard scientific evidence.

Source Wars: Episode I – The Rise Of Software

Posted: 01/07/2020 - 00:00
Author: Michael Otis
The Rise Of Procurement Software

Procurement is old. Just how old you ask? Well, a long time ago in a galaxy far, far away… it’s been around for millennia. As a natural function of trade and commerce, it developed organically during the earliest civilizations. Papyrus records indicate procurement can be traced as far back as the Egyptians (the first Jedi) in 3000 B.C.

4 Major Procurement Trends to Watch for in 2020

Posted: 01/02/2020 - 04:01
Author: Omer Abdullah
With 2020 just in the door, progressive CPOs and their teams are planning for the year ahead. Here are four major procurement trends to factor into your thinking.

With 2020 just in the door, progressive CPOs and their teams are planning for the year ahead. Here are four major procurement trends to factor into your thinking.

1. Increased Volatility

With shifting trade tariffs and barriers, the unpredictability of Brexit and fluctuating commodity prices, market volatility could be at an all-time high over the next 12 months.

Your Workforce is Much Bigger Than You Think

Posted: 12/27/2019 - 03:40
Author: Molly Spatara
Get insight into the changing labor market and where to find and manage talent.
The labor market is undergoing huge shifts. In-demand skills are in increasingly short supply – particularly in the U.S., where Deloitte points out there are now more vacancies than job seekers. On top of that, many people are turning away from traditional employment and instead choosing to work on a flexible basis. 
 
The result? Game-changing ramifications for the way work gets done.  

Information Technology Procurement as a Service – Added Value to Internal Procurement Teams

Posted: 12/20/2019 - 04:30
Author: Rob Johnson
The Procurement as a Service (PaaS) model, which utilizes outsourced human talent, technology, and industry-specific knowledge to enhance or –  in some cases for SMB companies –  replace the buying process for companies is expected to grow from $5.4 billion in 2019 to $7.8 billion by 2024, according to new market research by MarketsandMarkets™.

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