Susan Avery, My Purchasing Center

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New Online System Takes Aim at Fixing Indirect Spend

The founder of FocusedBuyer, a new online buying and selling portal, says it can help procurement professionals better manage their companies’ indirect spend.

Credit: FreeDigitalPhotos.net.

For Procurement, It All Comes Down to the Relationship

Whether managing costs, quality, or continuity, for procurement it’s about relationships, with management, stakeholders, and, perhaps most important, suppliers.

MRO shelf

MRO Management: What Truly Needs to Be on the Shelf

Businesses waste a ton of money with stale maintenance, repair, and operations (MRO) items on their storeroom shelves. Management to cut down overstocks of these supplies starts with how storerooms are run.

ISM Logo

ISM2014: Innovative Suppliers Accept Procurement Challenge

Supplier relationship management was a key theme at the recent International Supply Management Conference in Las Vegas. Encompassing engagement, performance monitoring, and mitigating risk, SRM’s end-goal is the increasingly talked-about need for innovation partnering.

American Airlines logo

Relationships Help Procurement, Suppliers through Challenging Times

John MacLean, VP procurement and supply chain at American Airlines, recalls three major global events that became defining hallmarks of supplier relationships. Having strong relationships with partners in the supply chain helped the airline through these challenging moments.

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Procurement Retools its Focus to Innovation and Value

Hackett Group research notes that this year, many chief procurement officers will be moving their main focus away from cost management to expanding procurement’s influence and finding ways to grow innovation.

kaizen

Small Changes through Kaizen Yield Spectacular Results

Kaizen is Japanese for “change for good” and the continuous process improvement philosophy widely used by businesses big and small. Kaizen is an opportunity for procurement to take the lead in improving spend.

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Supplier Diversity: When Risk in Supply Chain Is Good

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.

Credit: Stuart Miles at FreeDigitalPhotos.net

Identifying Vulnerability Is Step One to Mitigating Supply Chain Risk

Supply chains are becoming increasingly complex, and it’s important for procurement to ensure against costly disruptions. More vulnerabilities have arisen from this complexity, so it is critical to know what they are.

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Survey: What Does Today’s Procurement Professional Look Like?

As we end 2013 and head into the new year, here is the state of the typical procurement professional as we stand today. It was put together from a detailed survey conducted by My Purchasing Center.

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