Sourcing direct materials has undergone lean principles and supplier rationalization. A supply base of a handful of strategic suppliers would certainly be easier to manage. What could go wrong? Actually, a lot.
When the Institute for Supply Management began as an organization over 100 years ago in New York, part of its charter was a document of 10 principles and standards governing its members’ purchasing practices. Do these tenets still hold true today?
When Rick Hughes turns the light off in his office at P&G in June for the last time, it’s difficult to think how he could possibly top his stellar 31-year career. The retiring Hughes will leave the reins of its 82,000-supplier purchasing organization in the very capable hands of one of his VPs, Stewart Atkinson.
Federal agencies have many regulations that importers of record must follow. Compliance costs are part of the total landed cost calculation, and an organization must not only be on top of its own compliance but also that of its tier-one suppliers.
Shelley Stewart, VP of sourcing and logistics and CPO of DuPont, will be part of the ISM Supply Chain Diversity Summit. Stewart talks about his career in supply management as an African American, and his numerous diversity- and profession-related good works.
As companies continue to focus heavily on reducing the spend made by their purchasing and sourcing organizations, the number of suppliers that each company utilizes has come under intense scrutiny. Once driven by lean principles, supplier … [Read More...]
In 2013, the Institute for Supply Management-New York (ISM-New York) marked its centennial as a professional organization. Although it has operated under different names over the years, including the Purchasing Agents’ Association of New York and … [Read More...]
When Procter & Gamble’s chief procurement officer, Rick Hughes, turns the light off in his office in June for the last time, it’s difficult to think how he could possibly top his stellar 31-year career.
For one thing, not many people these … [Read More...]
[Editor's Note: This is the third article in a series covering topics related to total landed cost by contributing writer Marilyn Gettinger. See links to her first two articles at the end of this article.]
The U.S. government, U.S. Customs Border … [Read More...]
The ISM Supply Chain Diversity Summit will take place Feb. 26-28 in San Francisco. Shelley Stewart, vice president of sourcing and logistics and chief procurement officer at DuPont, who is an active member of the Institute for Supply Management and … [Read More...]