Tompkins Associates' Latest Podcast Series Explores Procurement Process Across Supply Chain
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RALEIGH, NC, December 9, 2010 - Every company does it, but they don't always like to talk about it.
Procurement is the vital element that runs throughout all mega supply chain processes - Plan, Buy, Make, Move, Store, and Sell - according to the new Global Supply Chain Podcast series hosted by Tompkins Associates.
"With these podcasts, we dig deep into the theories behind procurement," says Jim Tompkins, President and CEO of Tompkins Associates. "Procurement enhances the overall value of the supply chain, and in turn, it has a major impact on increasing shareholder and investor value."
This four-part podcast series provides organizations with an in-depth overview of how to optimize their procurement components and concludes with an executive perspective on the topic. Three of the podcasts are currently available, and the final episode airs December 21.
The podcasts note that, within the mega processes, there are four basic functions of procurement: strategic sourcing; purchasing; procuring IT; and supplier relationship management (SRM). All four have distinct roles that require input from the others. Together, these functions support a solid enterprise business strategy, as well as create a competitive advantage.
To receive Tompkins' podcasts as they become available, either subscribe or sign up for email updates.
About Tompkins Associates
Tompkins Associates transforms supply chains for profitable growth. For more than 35 years, Tompkins has evolved with the marketplace to become the leading provider of growth and business strategy, global supply chain services, distribution operations consulting, information technology implementation, material handling integration, and benchmarking and best practices. The company is known for innovative, practical solutions that improve supply chain performance and produce value-based results. Headquartered in Raleigh, NC, Tompkins has offices throughout North America and in Europe and Asia. For more information, visit www.tompkinsinc.com.
CONTACT:
Myra Schwartz,
919-855-5533
mschwartz@tompkinsinc.com
Twitter: @jimtompkins
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