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Sourcing/Procurement/SRM: Page 91

Obsession With Cost Puts Supply Chains at Risk

Supply chain management strategies often center on a dominant but incomplete view of cost — to the exclusion of resilience.

Late U.S. President Abraham Lincoln is seen on a five dollar bill. Photo: Pexels.

Hospitals Ration CT Scans, Awaiting Dye From Shanghai GE Plant

Hospitals around the U.S. are postponing CT scans and rationing care while waiting on shipments of medical dye made in a Shanghai plant that just restarted production amid the city’s lockdown.

A radiologist analyzes CT scans of a patient's brain. Photo: Getty.

U.S., European Firms Rethink China Investment After Lockdowns

U.S. and European businesses are reconsidering their investments in China after the lockdown in Shanghai and restrictions in other cities caused major disruption to their operations.

Janet Yellen, U.S. Treasury secretary, listens during a House Financial Committee hearing in Washington, D.C. Photo: Bloomberg.

Four Steps to Developing a Scope 3 Emissions Program

It's a matter of when — not if — U.S. companies will be required to report carbon emissions, including those from their supply chains.

Smoke rises from cooling towers at a power station. Photo: Getty.

Three Procurement Pro-Tips to Optimize Inventory, Cash Flow

Soaring customer demand has created unique challenges for procurement managers. By developing effective inventory management techniques, procurement professionals can tackle the issues from several unique angles.

A close-up view of two colleagues reviewing data on a digital tablet. Photo: Shutterstock.

The Promise of Digital Twins and Smart Contracts

Despite numerous advances in plant automation, operating companies today continue to struggle with inefficiencies across supply chains that provide material, equipment and the services required to operate and maintain their facilities.

The ‘Vested’ Approach: A Better Way to Outsource

The pressures on supply chains remain enormous, leaving many supply chain professionals with a key question: Is there a better way to work with suppliers, including critical outsourcing partners such manufacturers and third-party logistics providers?

Two colleagues negotiate a contract. Photo: Sora Shimazaki/ Pexels.

Sustainability Is the Pathway to Supply Chain Resilience

Supply chain resilience is inseparable from the drive for sustainability.

Corporate Environmental Influence Is More Connected Than You Think

Ecological waste, the accumulation of greenhouse gasses, the overuse of natural resources and the overconsumption of carbon are problems that need to be solved in aggregate; otherwise, they affect every link of the global supply chain.

Fate of U.S. Chipmaking Looks More Like Fantasy

A talent shortage and other factors make reshoring of American chip manufacturing unlikely, at best.

A detail of a silicon wafer is shown on the production line. Photo: Getty.

Watch: Four Ways That Businesses Can Prepare for the Next Black Swan Event

Barry Kukkuk, chief technology officer with Netstock, details four steps that companies can take to prepare for the unpredictable.

Four Ways That Businesses Can Prepare For The Next Black Swan Event

Companies’ Procurement Skills Are Woefully Lacking

Even before the COVID-19 pandemic underscored the critical skills gap across the procurement and logistics landscape, a report by the American Productivity & Quality Center put a pin in the talent shortages facing today’s industry professionals.

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