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Home » Keywords » Procurement Strategies

Items Tagged with 'Procurement Strategies'

ARTICLES

Tariffs’ Impact on Procurement and Supply Chain: Communication Is Key to Combating Surcharges

The United States has recently imposed tariffs on hundreds of billions of dollars of Chinese goods entering the country. The action is already having a trickle-own effect on supply-chain teams and procurement departments.
September 27, 2018
Matt Clark

The United States has recently imposed tariffs on hundreds of billions of dollars of Chinese goods entering the country. The action is already having a trickle-own effect on supply-chain teams and procurement departments.


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African Americans Urged to Spend More in Black-owned Businesses

November 18, 2015
New York Times
Blacks spend less money in black-owned businesses than other racial and ethnic groups spend in businesses owned by members of their groups, including Hispanics and Asians.
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Procurement Reduces Costs to Deliver Services 17 Percent by Enhancing Customer Focus, Study Says

August 11, 2015
The Hackett Group
World-class procurement organizations now deliver services at 17 percent less cost than typical companies while offering improved effectiveness, largely by becoming more customer-centric, according to research from The Hackett Group Inc.
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Consolidating Supply Management at Corporate Can Be Counterproductive If Factory Purchasing Slighted

April 22, 2015
Industry Week
A rationale often used in support of a more centralized corporate purchasing function is the need for a company to project "One Face to the Supplier".
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Procurement Expanding Priorities Beyond Cost Reductions to Focus on Influence & Innovation, Study Says

March 26, 2014
The Hackett Group
Procurement leaders are expanding their priorities for 2014, moving beyond a historic emphasis on reducing purchase costs and adding focus on expanding and deepening the scope of spend influence as well as supporting supplier-led product innovation, according to 2014 Procurement Key Issues research from The Hackett Group Inc.
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Tossing Out a Low-Cost Sourcing Strategy in Favor of 'Best-Sourcing' Practice

April 9, 2013
Inside Supply Management
Years ago, supply management professionals turned to low-cost countries to manufacture products, establish services operations and source materials in an effort to improve the bottom line for their companies. They found that inexpensive labor in India, China and emerging Asian countries made this new low-cost-country strategy successful "” despite requiring the management of lengthy, complex supply chains. Then the world began to change.
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'Borderless Business Environment' Drives New Pressure, Changes Priorities in Procurement, Study Says

April 3, 2013
The Hackett Group
Procurement leaders face new pressures in 2013 as companies focus on profitable growth and balance local agility with global scale in their value chains, according to new Procurement Key Issues Research from The Hackett Group Inc.
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Collaborative Purchasing Is an Idea Whose Time Is Now

March 19, 2013
Michael O’Shaughnessy, Attorney at Law, Greensfelder, Hemker & Gale, P.C.
As businesses and governments implement cost-cutting and other efficiencies to help them recover from the deep recession, now is the time to consider collaborative purchasing as both a short- and long-term strategy to cut costs.
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Analyzing Spend Analytics Applications

April 20, 2012
ChainLink Research
The first and most obvious reason most people want to analyze spend is to find savings opportunities; figure out how to spend less and spend more wisely.
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