Procurement

The ABCs of Print TCO

Posted: 09/19/2019 - 04:31
The ABCs of Print TCO
Most readers of this article are probably familiar with the concept of total cost of ownership, or TCO. Savvy procurement professionals have long recognized that the purchase price of a product or service often doesn’t capture the total cost of acquiring and using that product or service. 
 

Soft Skills Make a Real Impact in Supply Chain Management

Posted: 08/30/2019 - 02:15
Soft Skills Make a Real Impact in Supply Chain Management
For what seems like decades now, the conversations around procurement and supply chain management have focused on the themes of innovation and evolution. The function, conventional wisdom suggests, is changing quickly and gaining a new, more prominent position within organizations. You wouldn’t know it to look at job listings. Conduct a quick search and you’ll find that the same skills that powered procurement through years of tactical obscurity are still (apparently) in high demand.

The Shift to a Seller’s Market

Posted: 08/22/2019 - 06:49
Everyone is talking about change. Transformation. Millennials. Digital. Continuous Improvement. There are likely many more words that are tossed around to explain the change everyone is either experiencing or are being told we need to do. A lot of time and effort has been spent on transforming procurement – but what about the change occurring within your supply base? 
 

Money talks: Making the Case for Sustainable Procurement Investments

Posted: 08/01/2019 - 00:04
The business benefits and value derived from robust responsible procurement programs can be remarkable, such as driving uplift revenue by 5% to 20%, reducing supply chain costs by 9% to 16% and increasing brand value by 15% to 30%. Creating such programs requires investing in key internal areas, such as new tools, staff and strategies to reap the value that’s possible.  
 

Women in Global Sourcing: Susan Feiner

Posted: 07/30/2019 - 00:16

Tell us about your career path. How did you get into this field? Was it purposeful or by accident?   

It was definitely by accident. I took an entry-level job out of college in the Administrative Services department at Thomas Cook Travelers Cheques.  It was a support role to the VP of Facilities and Purchasing.  During my interview, I asked him what I would do when I was finished buying?   Somehow, I still got the job and the rest is history.
 

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