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Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.

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Black Friday shopping won't be as brisk, report suggests

Strategic Sourceror

That's down from 60% who said they would participate in Black Friday festivities in 2015, when a similar poll was conducted. Only 1 in 5 Americans intend to shop this Black Friday, according to a recent survey conducted by PricewaterhouseCoopers. Brought to you by the StrategicSourceror.

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Weak harvest leaves restaurants short on lettuce

Strategic Sourceror

As noted in Salinas Valley Agriculture, a publication produced by the Grower-Shipper Association of Central California, a virus called Pythium wilt has plagued growers' fields since 2015 , becoming particularly pervasive in 2020 and persisting since. Brought to you by the StrategicSourceror.

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Bird flu poised to tighten nation's egg supply

Strategic Sourceror

Slinger told NPR he lost tens of thousands of turkeys in 2015 when some of them became infected with a strain at the time. A Blog for Procurement, Supply Chain and Purchasing Professionals, sponsored by Corcentric , a leading Procurement Service Provider, specializing in Strategic Sourcing, Procurement Resources and Procurement Advisory.

Supply 52
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7 Spend Analytics Software for Mid-Market Businesses

Procurement Software

Key Data: Founder / CEO: Eric Strovink Date Founded: 2015 Visit Spendata profile in our Software Finder 4. Anvil Analytical Anvil Analytical , based in London, is a SaaS provider that specialises in strategic sourcing and supplier management.

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IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA. In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. More often than not, involved parties accepted the recommendations as fair” (Carlsson 2015, p.

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Procurement Terminology is a Mess!

Supply Chain Game Changer

Keeping the specialist knowledge inside the heads of the owners is a safety mechanism: if those on the outside can’t speak the language, they can’t get in” ( Clinton 2015 ). Whatever the reason for the over-complication of procurement terminology, it has become a mess, and it’s time to make a change!