Types of Procurement Compliance – Part 1
Compliance is a favorite word in executive circles but what does it mean to Procurement leaders? It appears a lot of different things. We have come across several types and measures of compliance as...
View ArticleThe Pareto Principle at Play in Procurement
By Kelly Barner, Buyer’s Meeting Point Many procurement professionals use the Pareto Principle as a convenient way to segment data into manageable groups, but do we really understand the implications...
View ArticleStreamlining Indirect Procurement
By Lakshmi Narayanan, Johnson & Johnson Given the economic concerns in various countries across the world, spending has become a much sought after word, from the top government officials to the...
View ArticleTypes of Procurement Compliance – Part 2
This is a follow-up to, “Types of Procurement Compliance – Part 1” blog post. We asked in Part 1: “While ‘compliance’ is a favorite word in executive circles, what does it mean to procurement leaders?...
View ArticleStrategic Targets for Commodity Suppliers: Part 2
It takes different tactics to get internal constituents to manage their individual consumption habits. Two approaches will be highlighted here. One is to demonstrate the size and magnitude of the...
View ArticleWhy Supplier Risk and Performance Management Matters to Business
GEP and Forrester Webinar: Why Supplier Risk and Performance Management Matters to Business Supplier risk and performance management solutions are gaining traction as a new product in the ePurchasing...
View ArticleGetting Started with Vendor Management – Part II
Part I of this post introduced the role and value of a vendor management program for procurement outsourcing providers and offered guidance for creating one. In this post, we will focus on...
View ArticleRisks of Not Completing Competitive Due Diligence and Negotiation in...
In strategic sourcing efforts that are substantial enough to justify a work plan, three risks are greatly increased if the finalist decision is made too quickly without appropriate due diligence. In...
View ArticleProcurement Outsourcing Scorecard – What You Want vs. What You Can Measure-I
Procurement outsourcing offers a unique business value proposition compared to traditional BPO models such as HR, Contact Center and F&A. While these traditional models are easier to understand...
View ArticleThe European Supply Chain Excellence Awards
Kellogg European HQ with GEP is a Finalist The European Supply Chain Excellence Awards 2012 in partnership with PwC (The Who’s Who of Supply Chain) will announce the winner of the Sourcing &...
View ArticleMergers and Acquisitions Among Suppliers: How Sourcing Teams Can Benefit
I was recently conversing with a few professionals in the financial services industry about market arbitrage strategies around mergers and acquisitions. There are folk who have a special knack for...
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EU APPROVES FEDEX’S TAKEOVER OF TNT
Earlier this year the European Commission unconditionally approved FedEx Corporation’s acquisition of Dutch parcel company TNT Express, based on a forecast that the combined entity (FedEx & TNT)...
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BLOCKCHAINS – IMPROVING TRUST AND VISIBILITY ALONG THE SUPPLY CHAIN
Blockchain startups have been gaining traction over the past few years. Earlier this year, PricewaterhouseCoopers (PwC) entered into a strategic partnership with a blockchain startup named Blockstream....
View ArticleIRAN NOT TO REDUCE OIL PRODUCTION, PRICES TO REMAIN BEARISH
In an attempt to stabilize oil prices, Saudi Arabia, the leading oil producer and Russia have agreed to revert their production to January levels if other oil-producing countries follow suit — Iran and...
View ArticleDEMAND FOR WAREHOUSING TO OUTSTRIP SUPPLY IN THE U.S., E-TAIL AND E-COMMERCE...
The rising popularity of online stores and e-commerce platforms, along with a healthy demand from every industry segment has been driving the demand for large warehouses across the U.S. Over the last...
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