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Sourcing/Procurement/SRM: Page 86

Three Risks for Procurement — And What to Do About Them
What are the biggest risks procurement teams need to account for in the immediate future, and how can they mitigate them?
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Is the Buyer-Supplier Relationship a Zero-Sum Game?
For all the talk of the need for collaboration between manufacturers and their suppliers, there are situations when their best interests come into direct conflict.
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Watch: The Real Meaning of ESG in the Supply Chain
The term ESG — environmental, social and governance — is familiar to most companies today. But the concept as it relates to corporate action isn't fully understood, says Bonnie Nixon, director of ESG and sustainability with Long Beach Container Terminal.
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Controlling Unconscious Bias Toward Suppliers
Rather than continually reassessing and optimizing supplier arrangements in an effort to ensure ongoing best value, many companies slip into a pattern of relying habitually on the same limited group of supply chain partners.
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Watch: Time to Digitize Your Ocean Freight Contracts
The ocean freight industry is greatly in need of a way to automate and digitize the contracting process — and so is every other stage of the supply chain, says Matt Marshall, senior vice president with NYSHEX.
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How Manufacturers Can Meet the Challenge of the Semiconductor Chip Shortage
Industry and the U.S. government alike are responding to the gap between semiconductor supply and demand.
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Three Ideas to Challenge Your Thinking About Digital Procurement
Nearly every company is involved in some form of digital procurement transformation. But how many are actually seeing it pay off?
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Three Tips for Implementing a New Supply Chain Strategy
With the stakes rising from temporary revenue dips to more serious product shortages, it’s time for a shift in our approach to this “new normal” of supply chain instability.
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Will Passage of the CHIPS Act Resolve Supply Chain Issues?
Passage of the CHIPS Act came at an opportune time, as chip manufacturers had suspended plans to build new fabrication plants  in the U.S., saying they wouldn’t proceed without U.S. government subsidies.
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How Technology Can Enhance the Uncontracted Freight Process
Businesses are moving away from archaic long-term freight contracts, chasing cheaper and contemporary alternatives. The new, digital and uncontracted freight era has begun.
Four Key Elements to an AI Visibility Strategy
Three Must-Haves for Procurement Professionals Today
We’re in the third decade of the 21st century. What competencies are emerging for purchasing leaders?
Professionals meet in an office. Photo: Pexels.
Gray-Market Blues: How Businesses Can Prevent Unauthorized Product Sales
The focus by companies on fulfilling basic orders during the COVID-19 pandemic has allowed a more insidious problem to come to a head: the influx of gray-market products into the supply chain.
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