Today, just having the basic skills of sourcing good deals and saving money is not enough for procurement professionals. In a competitive job market, companies are taking skill-set finickiness to the extreme, demanding a bevy of job abilities related to analytics and company culture, for example.
It is always interesting when procurement practices and priorities enter the public discourse. Since this often happens in the context of government procurement, common-sense sourcing methods suddenly become complex, over-regulated, […]
Open innovation empowers organizations to collaborate with new suppliers and their novel technologies. This value-add philosophy stops companies from trying to reinvent the wheel on their own, and it starts in procurement.
Sustainability, ever-rising fuel costs, and rapid transition to online communications and electronic invoicing/payments are just some movements reducing paper consumption. However, beyond communication paper, there are still some growth areas in packaging.
Those who have been in the procurement profession long enough will recall the days when they thumbed through the classifieds, highlighter in one hand and ink-smudged fingers on the other, trying to find the “help wanted” column with keywords like … [Read More...]
It is always interesting when procurement practices and priorities enter the public discourse. Since this often happens in the context of government procurement, common-sense sourcing methods suddenly become complex, over-regulated, and … [Read More...]
Many companies have caught the green fever and are aiming to set sustainability goals in a wide range of areas within their supply chains. Whether it is reevaluating transportation to use more fuel-efficient vehicles or choosing environmentally … [Read More...]
Innovation. Encouraging the procurement team and the supply chain to be more innovative is a hot topic. We hear about it at conferences, meetings, and other events, often during discussions on SRM (supplier relationship management) and ways … [Read More...]
To understand how well paper is doing as a commodity, consider one of the oldest, most venerable of all American institutions: the U.S. Postal Service (USPS).
At the height of its distribution heyday – 2001, precisely – USPS handled and … [Read More...]