Supply Chain Management

Procurement Pro Supply Chain Management
Supply Chain Management

5 Things to Know About Blockchain in Supply Chain

  • by
  • 28 October 2019
  • 3 minutes read

One of the most recent blockchain announcements presents exciting news for supply chains. Designed to provide an unchangeable transaction record between entities, we’re familiar with the technology as it pertains to Bitcoin, but it also has great promise across the supply chain. When it comes to any application, though, a blockchain is only as useful

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Supply Chain Management

Why Marketing Procurement Professionals Are Crucial to SCM

Marketing provides an essential balance in supply chain management. It helps companies and their partners become more focused on customers rather than on the production process. By improving communications, support and collaboration, marketing helps increase supply chain efficiency and create a single extended enterprise with a strong competitive edge.  Ian Linton, Role of Marketing in

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Supply Chain Management

Electronics Industry Resilience Will Lead to a Re-Designed Supply Chain

Things are not as bad as they seem, and the entire industry is bending to conform to its new realities, gushing with resilience. We discuss some trending, and pressing, topics in electronics, supply chain, and procurement with Michael Knight, President of the TTI Semiconductor Group and Senior Vice President of Corporate Business Development.

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Supply Chain Management

How Tariffs are Sparking Some Supply Chain Creativity

Back in May, the United States agreed to  raise tariff rates, from 10% to 25%, on $200 billion of goods imported from China. Companies across the U.S. have had to assess their options and re-strategize supply chains in order to avoid the tariffs and other uncertainties that come along with this type of move. For many

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Supply Chain Management

“I’m an Introvert: Should I Take on A Career in Supply Chain Management?”

If you enjoy having time to yourself, find your best thinking happens when you’re alone rather than in a group brainstorming session, and you prefer to work with self-driven teams, you may be an introvert, according to Psychology Today. It’s all about what energizes you, and introverts tend to recharge their batteries alone rather than

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Supply Chain Management

18 Reasons People Choose Careers in Supply Chain Management

Why does anyone decide on a particular career path? The experience is a unique and personal one. We asked around various social forums to find out why real people chose a path in supply chain and related fields. Some responses were the kinds you’d expect in many industries. For example, family history or accidental position,

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Supply Chain Management

How Is Procuring Services Different From Procuring Goods?

By Beatriz Alegria Securing intangible assets needs a different strategy than procuring physical goods. The increasing focus on reducing a company’s purchase spend has a significant impact on its sourcing strategies. However, in this day and age, most businesses no longer rely on just procuring the best goods at the best price to beat their

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Supply Chain Management

Supply Chain Risk Trump, Tariffs and Trade

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  • 13 February 2019
  • 3 minutes read

Under the Trump administration, tariffs and trade wars are highlighting a more protectionist trade philosophy, geographical supply risks and wide-spread political risks. Mitigating risk in the current trade climate involves identifying alternative supply sources, creating a mission-critical supply chain contingency plan, maintaining a constant eye to potential political changes and posessing a willingness to step

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Supply Chain Management

Harnessing Big Data Delivers Greater Supply Chain Value

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  • 12 February 2019
  • 3 minutes read

By Carolyn Mathas Historically, supply chain pros maintained top goals surrounding efficiency and cost cutting. Today, it is increasingly understood that, while cost reduction is important, it should not be the overriding goal of an organization. Professionals are now looking to tap into the vast amount of data already at their fingertips to ensure their

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Supply Chain Management

5 Steps to Prepare the Supply Chain for Natural Disasters

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  • 8 February 2019
  • 4 minutes read

By Poornima Apte Even before Hurricane Maria struck Puerto Rico in September 2017, supplies of IV fluid bags in the United States were already running low. But given that the island is one of the major manufacturers of medical supplies, including saline bags, the natural disaster accelerated a slow-burning supply chain challenge into full crisis

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