The Rising Stars of Sourcing: Joey Foster
Posted: 04/15/2019 - 23:09
Tell us about your career path and how you got into this field – was it purposeful or by accident?
Procurement
What to Look For in Print Sourcing Software
Posted: 04/04/2019 - 02:46
Dedicated procurement software applications have existed since the 1990s, and their use is still growing. By 2025, more than 50% of large and mid-size companies around the world will have deployed procure-to-pay applications, according to Gartner’s 2018 Magic Quadrant for Procure-to-Pay Suites.
Make Business Better with Ethical Sourcing
Posted: 03/26/2019 - 06:34
About nine years ago I packed up my apartment in Boulder, Colorado and made the move to pursue my dream of international living in Mexico. I moved without a specific job in mind, but quickly realized that waitressing wasn’t really in line with my career aspirations. Through networking I found a plethora of companies outsourcing positions to Mexico. And so, I began my journey of being an outsourced entity. Over the course of my time in the industry, I have become passionate about ethical sourcing. Mexico is a great outsource destination for bilingual, inexpensive, nearshore talent.
Sourcing a New Contract-Centric Approach
Posted: 03/09/2019 - 04:16
In today’s fast-paced business environment, sourcing and procurement departments are often left in a difficult position; they are required to become quicker and more proficient when it comes to sourcing the essential direct and indirect materials their companies need to do business, but saddled with a source-to-settle process filled with risks and inefficiencies.
What the Resurgence of Print-Based Marketing Means for Procurement
Posted: 03/09/2019 - 01:24
In 1897, while Mark Twain was in London on a speaking tour, someone started a rumor that he was gravely ill. Another rumor was that he had died. When a newspaper reporter asked Twain for his response to these rumors, he replied, “The report of my death was an exaggeration.”
Seeing the Light: Why More CFOs are Using Procurement as a Tool for Business Growth
Posted: 02/25/2019 - 02:42
A growing number of CFOs across Europe are now looking to their procurement teams to support their companies’ business growth strategies. Procurement is not just simply a back-office function, but a proactive business tool, able to deliver short-term gains and also help a business work towards long-term objectives.
Rising Stars of Sourcing: Conor Quarry
Posted: 02/21/2019 - 03:11
Tell us about your career path and how you got into this field – was it purposeful or by accident?
How Artificial Intelligence is Transforming Business
Posted: 02/02/2019 - 05:32
Artificial Intelligence (AI), is a much used and abused term, potentially at the top of its hype cycle. In one of her recent speeches Theresa May identified AI as a major growth area for British businesses and Juniper research estimated that AI will save businesses $8 billion a year by 2020. AI is predicted to disrupt business and procurement over the next five years through the use of robotic process automation, machine learning and cognitive procurement.
Four Steps for Sourcing Pros to Win the Hearts of Marketers
Posted: 01/31/2019 - 05:48
These passages from John Gray’s best-seller "Men Are from Mars, Women Are from Venus" could be applied to procurement and marketing. It can seem at times as if they are from different planets.
Spend It Like It’s Yours (SILIY) – Transforming Procurement at VSP Global
Posted: 01/20/2019 - 06:07
Background
Introducing...Women in Global Sourcing
Posted: 12/28/2018 - 02:09
I have a passion for style and design. I like handbags, stilettos and lipstick so much that before I stumbled on sourcing during my senior year of college I planned on a career in fashion. I had recently finished my Alpha Gamma Delta sorority presidency and volunteered to coordinate Lip Jam, our largest fundraiser of the year benefiting diabetes. I hired a local print management company to source all the print, apparel and promotional items for the event. Out of nowhere, they offered me a job. I’m sure it was my charming personality and drop-dead good looks.
Why wait to start your tech implementation?
Posted: 12/27/2018 - 03:37
Though slight variations are inevitable, most procurement organizations follow a familiar process for selecting and implementing their tools. Generally, it looks something like this.
- They decide they need a new procurement solution.
- They conduct research and begin to engage with appealing providers.
- They create and distribute an RFP.
- They score the RFP responses to narrow things down.
5 Reasons Your Procure-to-Pay Implementation Will Fail
Posted: 12/14/2018 - 01:33
Is your organization about to embark on an initiative to purchase and implement procurement software? Well, you’re bound to fail. Unless, of course, you address these land mines.
1.) You don’t know what your requirements are
How to Keep Bad Weather from Killing Your Logistics
Posted: 12/11/2018 - 04:15
Supply lines never look as vulnerable as they do when inclement weather strikes. At best, trucks face major delays as accidents and poor conditions make roads treacherous and, at worst, they suffer accidents of their own. Routinely, air carriers remain grounded while affected areas hunker down and airports close. Don’t think you’re safe even if you fall outside a storm’s high-impact area.
A Healthy Obsession with Alex Yakubovich
Posted: 11/28/2018 - 08:35
In this episode of the Sourcing Industry Landscape, Dawn Tiura interviews Alex Yakubovich. Alex Yakubovich had a non-traditional path into the world of sourcing and procurement. In college, what started out as a project to earn extra cash turned into a profitable e-commerce venture that he and his co-founder later sold to Living Social.
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