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.
Within the recycled materials market, paper packaging is the largest segment, accounting for around 65 percent of all recycled packaging. Further improvements in paper recycling will help to grow the market.
The enhanced focus on supplier visibility and supply risk management is no doubt a big challenge for procurement, but with that challenge comes opportunities to build stronger and more collaborative organizations – and stronger and more collaborative relationships with suppliers. The focus is also a sign of procurement’s shift to providing additional value and supporting other business priorities.
In a May article for InformationWeek’s Government section, former U.S. Transportation Department CIO Nitin Pradhan provided 10 steps to successful strategic sourcing. Included in his list was a recommendation for increased use of blanket purchase … [Read More...]
Supply professionals are challenged today to manage compliance throughout their supply chains. In many instances, they own responsibility, and in others they share compliance management requirements with other supply chain stakeholders.
There is a … [Read More...]
Often within the maintenance, repair, and operations (MRO) space, inventory management is a recurring and commonplace issue. In many cases, companies are operating purely on a tactical basis. As parts run out, the buyer reorders. Even worse, when a … [Read More...]
Backdoor or maverick buying is a perplexing problem that plagues many purchasing organizations. The methods to counteract this behavior are highly dependent upon the cultural climate and ethical standards of your organization. There is no universal … [Read More...]
Very few sourcing and procurement topics have been researched and discussed as much as supplier management. Industry consultants have dedicated their entire practices to it. There always has been a scholarly and academic side to this precarious … [Read More...]