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Home » Procurement

Articles Tagged with ''Procurement''

The Hidden Savings of Card Acceptance

April 13, 2016
Steve Pedersen, VP & Head of NA Corporate Card Products, BMO Financial Group
As a supplier, you're constantly looking for ways to reduce costs in the payment cycle. While many suppliers think that corporate cards result in higher costs to them, in reality, card acceptance can actually positively impact the bottom line through a combination of cost savings, reduced bad debts and increased revenue.
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Supplier Diversity, By 2025

March 10, 2016
SupplyChainBrain
Analyst Insight: By 2025, issues such as globalization, social transparency, risk management and sustainability will bring new challenges to all the best procurement organizations around the world. For diverse suppliers, these changes will pose new challenges, while bringing new opportunities for those with a vision for the future. - Angie Li, Partner; Curtis Simpson, Manager; Kirsty A. McNally, Manager, all with Advisory Services of Ernst & Young LLP
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The CSCO's View of Strategic Sourcing and Segmentation

March 8, 2016
SupplyChainBrain
Analyst Insight: Today's chief supply chain officer (CSCO) is beset by pressures on all fronts, struggling to understand and meet customer demands for cheaper, faster and efficient logistic processes from source to final delivery. Under omnichannel competitive pressures, web and mobile orders tendered by 2 p.m. must be fulfilled and shipped in the same. These growing B2C fulfill-to-deliver flows add shipping and labor costs and, if not optimized, impact margins and profitability. This constitutes a call to action! - Bob Heaney, Research Director and Principal Analyst, Aberdeen Group
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Dig In: Restaurants to See Cost of Beef Decrease as Much as 17 Percent

February 24, 2016
SpenDifference
Reversing years of steadily increasing prices, the cost of beef is expected to decrease between 10 percent and 17 percent across all primal cuts in 2016 in what amounts to "the biggest story of the year" for chain restaurant operators, said DeWayne Dove, vice president of risk management for supply chain management firm SpenDifference.
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Fifth of Large Food Manufacturers Surveyed Know Little or Nothing About Their Suppliers

February 18, 2016
Achilles
Food manufacturers across the globe have admitted failing to put in place basic safeguards to protect vulnerable workers in their supply chains - almost one year on from laws to stop slavery, child labor and unethical working practices.
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Time for Corporates to Wake Up to Realities of Human Slavery

February 12, 2016
Matt Scott, Director of Business Development, cr360
It is the human rights abuse that everybody likes to maintain is not happening. But within corporate supply chains across the developing world – from the cocoa-growing lands of the Ivory Coast to the seafood sector of Thailand – human trafficking and modern day slavery is still commonplace, with people being made to work and live in appalling conditions with little or no pay.
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Suppliers Hear News Loud and Clear: Demand for iPhone Dips

February 11, 2016
EBN
Suppliers are feeling the pinch of slackening demand for Apple's iconic iPhone, while the shortfall in sales growth could also affect component prices.
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Low Prices Undercut Margins of Commodity Producers, Negatively Affect Supply Chains, Report Finds

January 27, 2016
IHS
Low profitability has undermined commodity producers and brings high risks to the supply chain, according to IHS Inc.
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2015 Supply Chain Innovations Awards Presented by SupplyChainBrain & CSCMP

December 18, 2015
SupplyChainBrain
Innovation of the Year: Automating the assembly of pallets that incorporate cases of multiple dimensions leads to big savings in labor costs, a safer work environment, a streamlined D.C. operation, and better service to retail outlets. Innovator of the Year: The Liquor Control Board of Ontario; Runner-Up: Lennox Residential; Finalists: Hewlett-Packard, U.S. Marine Corps, Shared Support Services of Southeastern Ontario
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The 'Perfect Marriage' Between Distributors and Suppliers

October 12, 2015
TED Magazine
With supply chain collaboration becoming a hot topic for even the most independent, self-sufficient organizations, it's no wonder that more attention is being paid to the relationships between distributors and their suppliers.
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