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Think Tank
Sourcing/Procurement/SRM: Page 260
Inttra Allies with CargoSphere for Ocean Freight Rate Management
Inttra, a global electronic-commerce network for the ocean shipping industry, has formed an alliance with CargoSphere, a cloud-based confidential rate network.
LeanLogistics Helps Mid-Market Companies to Adopt TMS Applications
LeanLogistics, a provider of transportation-management systems, has developed a mechanism for delivering TMS applications to the mid-market.
Is the Procurement Team Meeting the Needs of Its Internal Customers?
An important first step in building a strategic supply management organization is developing solid business-unit relationships. But how many are taking the next steps and asking internal stakeholders pointed, detailed questions about how well the supply management team is meeting their needs?
Automating Procurement Process in Small and Mid-Sized Businesses Can Bring Huge Savings
The savings that can be retrieved by automating and rationalizing approval and purchasing processes in small and mid-sized companies are palpable. A 2009 Aberdeen Group study estimated that "improving the percentage of all non-payroll, tax, tariff and fee-related spend" - that is, indirect, nonstrategic expenses - brought under the management of a dedicated group can help enterprises "achieve a 5% to 20% cost savings for each dollar brought under spend management".
Most Companies Could Use Procurement Transformation
An effective procurement process begins with having all spend under control, including money spent on logistics and transportation, says Nick Seiersen, president and CEO of Seiersen Enterprise. Overall, such a process should ensure that the right suppliers provide the right products or services on the right terms, he says.
Panjiva Issues Maritime Monitor for Trade Analysis, Lead Generation
Panjiva, provider of a platform for global sourcing, has developed Maritime Monitor, a product designed to meet the trade-analysis and lead-generation needs of the maritime industry.
Spectrum Chemicals Takes the Lid Off Growth
The company's sales of high-value chemicals, laboratory supplies and equipment were constrained by an inefficient order-entry and processing system. It needed a new sourcing solution for its upstream supply chain.
Practicing Conflict Resolution in Supply-Chain Management
A conversation with Stewart L. Levine, founder of ResolutionWorks.
Lenovo Sheds IBM Legacy With the Help of ... IBM
Recently dubbed the world's second-largest maker of personal computers, Lenovo has adopted a new B2B sourcing solution from IBM for streamlining communications with logistics-management providers and contract manufacturers.
SciQuest Acquires Contract Lifecycle Management Vendor Upside Software
SciQuest Inc. has signed an agreement to acquire the assets of Upside Software Inc., a vendor of contract lifecycle management (CLM) software.
POOL4TOOL Teams With D+B Germany to Address Supply-Chain Risk
POOL4TOOL Corp., a consultancy and applications vendor specializing in electronic sourcing, has formed a partnership with D+B Germany, a provider of business-information services with an emphasis on supplier risk.
Kmart Australia's Supply Chain Goes Direct to the Source
As part of a program to cut costs and guarantee the lowest prices on the market, the big retailer seeks to boost its reliance on direct sourcing. But the change will require a major overhaul of its IT supply-chain infrastructure for dealing with key suppliers.
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