Lee Young, director of supplier quality at Thermo Fisher Scientific, explains the company's approach risk management, and how it copes with issues such as sole sourcing and supplier qualification.
Why is sole-supplier sourcing a potential problem for supply chains, and what should companies do to mitigate the risk? Jillian Alexander, managing director of Conduit Consulting LLC, provides some answers.
Amber Road, a vendor of global trade management software, has acquired ecVision, a provider of cloud-based global sourcing and collaborative supply-chain applications.
We've heard it before: chief procurement officers aren't just cost-cutters. They're contributing real value to the organization. But is that really true?