Procurement

The ABCs of Print TCO

Posted: 09/19/2019 - 04:31
Author: Sarah Scudder
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. 
 

Rising Star Interview: Joey Foster

Posted: 09/15/2019 - 22:24
Author: Joey Foster
Rising Star Interview: Joey Foster

How did you get into this field – was it purposeful or by accident?

My interest in sourcing sparked while studying Supply Chain Management at Michigan State University. Having just finished the introductory course on procurement, I began searching for internship opportunities focused on strategic sourcing.  
 

Rising Star Winner: Sarah Scudder

Posted: 09/12/2019 - 02:01
Author: Sarah Scudder

How did you get into this field – was it purposeful or by accident?

I was involved in several organizations in college. My sorority put on an annual fundraising event that I chaired. I hired a local company to source and produce all the print, promotional items and apparel. They offered me a job. They wanted to infuse the company with younger people and set up an internship program.  
 

Innovations in Sourcing: Hilton Supply Management

Posted: 09/01/2019 - 00:16
Author: Future of Sourcing Awards
Innovations in Sourcing: Hilton Supply Management

Can you outline why your team embarked on this project and the problem that needed to be solved?

Supply chain management can be a game changer for a business’s bottom line. Companies are demanding more out of their supply chain, and procurement divisions need to keep up. At a minimum, smart procurement solutions can dramatically cut costs, but they can also drive innovation. Hilton Supply Management is a living example of that. 
 

Soft Skills Make a Real Impact in Supply Chain Management

Posted: 08/30/2019 - 02:15
Author: Bennett Glace
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.

Innovations in Outsourcing: GEP

Posted: 08/29/2019 - 23:11
Author: Future of Sourcing Awards
Innovations in Outsourcing: GEP

Can you outline why your team embarked on this project and the problem that needed to be solved?

The client, a telecommunications major, was looking to optimize their procurement operations and streamline their ongoing technology transformation initiative. Owing to GEP’s depth of offerings and expertise in procurement and supply chain, and top-of-the chart analyst ratings, the client chose GEP as their procurement services partner to address the following challenges: 
 

    The Shift to a Seller’s Market

    Posted: 08/22/2019 - 06:49
    Author: Amanda Prochaska
    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? 
     

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