Procurement Insights

JULY 7, 2025

Early Years (2007–2012) Focus: Cost reduction, globalization, basic supplier management Early posts like “Double Marginalization and Decentralized Supply Chain” (2007) highlight concerns about efficiency and structural optimization. CPOs prioritized cost control and global sourcing in 2012 summaries.

Real-time Visibility 52

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Insights

JUNE 1, 2025

Revlon Industry: Cosmetics, reliant on retail and global sourcing. Benefits: Saved 1020% on tariffs; used Coupa for efficiency. Overall: Strengthened digital sales, cost resilience. COVID-19: Prediction: Strands could have pivoted to online retail and safety stocks. Benefits: Increased e-commerce 15%; avoided 10% supply chain losses.

supply chain budgeting 52

supply chain budgeting Raw materials Supply Chain Efficiency Procurement 52

Procurement Insights

MAY 7, 2025

suppliers leverage softens as global sourcing (e.g., Longer Term (2028-2035): Bargaining Power: European sup- pliers regain footing as they pivot to Asia/EU (e.g., 10-15% trade re- direction). Mexico) competes. Pricing/Terms: U.S. price premiums drop to 3-5%, balanced by compe- tition.

Supply chain 81

Supply chain Export Supplier negotiation Negotiation 81

Procurement Insights

APRIL 18, 2025

” 6 Global Sourcing Challenges : Both depend on complex global supply networks vulnerable to disruption, with “1 in 3 operators and half of all OEMs/MROs expect to nearshore more, especially airframe and components.” Global sourcing and labor shortages further amplify volatility.

Price 75

Price Demand Supply chain Real-time Visibility 75

Procurement Insights

APRIL 30, 2025

Market Pricing & Deal Reviews: Insights into market pricing and supplier proposals help clients negotiate better deals, supported by IDC’s acquisition of ETBS for global sourcing data.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Freelancers

JULY 14, 2025

Key Takeaways: Focus on Total Cost of Ownership (TCO): Strategic sourcing optimizes overall value, not… The post Beyond Cost Cutting: How Strategic Sourcing Adds Value to the Bottom Line first appeared on Procurement Blog | Procurement & Supply Chain News.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Cost of ownership Sourcing 40

Supply Chain Dive

JUNE 4, 2025

China makes up a smaller sourcing share at 20% of purchases, consisting of goods like small appliances, tools and ceiling fans, according to Boltz. Despite reducing its dependency on the country, Lowes is still "not satisfied" with its current sourcing mix, he added.

Price 45

Price Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 45

Supply Chain Brain

MAY 31, 2025

With recent global events, there is a need for a shift from reactive problem-solving to a proactive, opportunity-seeking approach. This guide highlights the vulnerabilities of centralized supply chains, the risks of over-reliance on human resources and global sourcing, and the challenges arising from a lack of supply chain visibility.

Supply chain 64

Supply chain Supply Chain Visibility Global sourcing Supply 64

ivalua

MARCH 11, 2015

In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally.

Global sourcing 100

Global sourcing Sourcing Supply chain Supply 100

Procurement Freelancers

MAY 13, 2024

Efficient worldwide… The post Crucial Tips for Maximizing Global Sourcing Services first appeared on Procurement Blog | Procurement & Supply Chain News. Imagine fully utilizing the enormous resources and skills available worldwide for your company.

Global sourcing 80

Global sourcing Sourcing Supply Chain Efficiency Supply chain 80

Supply Chain Brain

JANUARY 14, 2021

COVID-19 has disrupted supply chains all over the world, and that of communications giant AT&T was no exception.

Global sourcing 113

Global sourcing Sourcing Strategy Supply chain 113

Supply Chain Brain

AUGUST 20, 2023

The latest skirmish in the trade war between the U.S. and China provides yet another reminder of why American high-tech manufacturers need to diversify their supply of critical raw materials.

Global sourcing 98

Global sourcing Raw materials Sourcing Strategy 98

Procurement Freelancers

OCTOBER 26, 2024

Are… The post Global Sourcing Strategies: Mastering 2024’s Challenges for Success first appeared on Procurement Blog | Procurement & Supply Chain News. Is Your Company Having a Hard Time Keeping Costs Low and Finding Good Suppliers?

Global sourcing 52

Global sourcing Sourcing Strategy Supply chain 52

Procurement Freelancers

JANUARY 25, 2024

Sourcing globally is considered a rather complicated and time-consuming procedure for businesses. There are a…

Global sourcing 75

Global sourcing Sourcing Category management Management 75

Una

OCTOBER 11, 2023

EPISODE 136 Making the Impossible Possible in Global Sourcing with Chris Volz By Kelly Barner | October 11, 2023 Global supply chains reach the furthest corners of the earth, bringing back valuable, well-made goods and putting us in touch with people we may never meet.

Global sourcing 59

Global sourcing Sourcing Procurement team Logistics 59

Procurement Freelancers

MAY 1, 2025

Summary: A sourcing specialist is responsible for identifying, evaluating, and managing suppliers to optimize cost,… The post Global Sourcing Solutions Backed by Expert Sourcing Specialists first appeared on Procurement Blog | Procurement & Supply Chain News.

Global sourcing 40

Global sourcing Sourcing Supply Chain Optimization Supply chain 40

Supply Chain Brain

OCTOBER 16, 2020

Here's how to reassess short-, mid- and long-term global sourcing and production strategies.

Supply chain 109

Supply chain Global sourcing Supply Sourcing 109

Claritum

MAY 11, 2018

However, you could also face many challenges when globally sourcing across geopolitical boundaries. Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Procurement Freelancers

JANUARY 12, 2025

In todays interconnected world, businesses rely on global sourcing to meet their production and operational… The post How Procurement Agents Navigate Complex International Trade Regulations first appeared on Procurement Blog | Procurement & Supply Chain News.

Procurement 98

Procurement Global sourcing Supply chain Sourcing 98

Supply Chain Brain

JANUARY 10, 2024

Alibaba.com said that the Smart Assistant tools for global sourcing will help small business owners discover new commerce opportunities, stay up-to-date with market trends and track orders.

Global sourcing 98

Global sourcing Sourcing 98

Procurement Freelancers

JANUARY 8, 2024

Technology has a powerful sway over global resource allocation. In this high-tech world, companies use…

Global sourcing 40

Global sourcing Sourcing Strategy 40

ivalua

FEBRUARY 24, 2021

Jose is now, part of the Global Sourcing Excellence organization led by Rome strengthening IVALUA related activities, trainings, and processes worldwide. The post Paris 2021 – EN – Jose Bustillo appeared first on Ivalua.

Strategic planning 100

Strategic planning Global sourcing Sourcing Purchasing 100

ivalua

FEBRUARY 24, 2021

Jose fait maintenant partie de l’organisation Global Sourcing Excellence, dirigée depuis le siège de Rome, qui renforce les activités, les formations et les processus liés à IVALUA dans le monde entier. The post Paris 2021 – FR – Jose Bustillo appeared first on Ivalua.

Global sourcing 100

Global sourcing Sourcing 100

IBM Supply Chain Blog

JANUARY 31, 2024

A sole-source strategy, on the other hand, is a situation where there is only one supplier for a particular product or service, negating the ability for businesses to choose alternatives. Global sourcing Global sourcing is sourcing goods or services from suppliers in global markets.

Sourcing 91

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 91

Supply Chain Opz

MARCH 21, 2014

As a result, issues in global supply chain management such as international trade, international transportation, global sourcing , regulatory compliance, risk management , humanitarian and sustainability won''t go away any time soon. Global supply chain environment is dynamic and many issues changes quickly.

Supply chain 105

Supply chain Supply Global sourcing Quality 105

Sourcing Solved

OCTOBER 7, 2022

In today’s Procurement in 5-Minutes, I am delighted to be joined by Kate Lovejoy, CPO of Global Sourcing at Genpact. That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis.

Procurement 80

Procurement Global sourcing Sourcing 80

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Collaboration 113

Una

AUGUST 17, 2022

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Brian Chaplin, Director of Global Sourcing for Medline Industries. Whether it is through improved relationships with internal stakeholders and key suppliers, or distributed authority to generate ideas and make decisions, everyone has a role to play.

Procurement 98

Procurement Global sourcing Purchasing Sourcing 98

CPO Rising

JUNE 28, 2024

[Editor’s Note: Ardent Partners recently published its Procurement-themed report, “Procurement 2024: BIG Trends and Predictions.” Over the next few weeks, this site will feature articles highlighting the key discussion points from the report.

Chief Procurement Officer 40

Chief Procurement Officer Global sourcing Sourcing Procurement 40

ivalua

JULY 21, 2021

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Competitive bidding 130

Supply Chain Brain

FEBRUARY 4, 2025

Global sourcing allows businesses to realize cost efficiencies, access to innovation, broader market exposure and improved quality of products provided that they implement some key strategies.

Innovation 52

Innovation Sourcing Global sourcing Quality 52

Una

OCTOBER 25, 2023

Space Force, is shaking up procurement processes and approaches: Finding ways to speed up the procurement process so the U.S.

Procurement 81

Procurement Global sourcing Sourcing Supply chain 81

Ms. Category Management

MARCH 8, 2020

Executive Interview with Michelle Charpentier, Senior Director at BioMarin (lead to Financial S2P process, Global Sourcing and Travel.

Global sourcing 52

Global sourcing Sourcing 52

Una

FEBRUARY 18, 2025

Procurement and sourcing professionals play a critical role helping decision makers discuss and rank those variables and then use them to select and contract with suppliers. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Eric Westerduin.

Supply Chain Optimization 58

Supply Chain Optimization Supply Chain Efficiency Sourcing Supply chain 58

Spend Matters

DECEMBER 22, 2023

A GenAI solution that would delight the business user while collecting sourcing requirements, especially when lacking strong P2P compliance. Access and ability to leverage massive datasets from global sourcing activities at enterprise scale, something which Fairmarkit is uniquely able to provide.

Procurement solutions 112

Procurement solutions Procurement supply chain budgeting Budget 112

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

Thinking Globally to Stay Ahead of the Competition In an interconnected world, procurement teams cant afford to think small. Global sourcing remained a critical part of procurement strategies in 2024, allowing teams to reduce risks and seize new opportunities. Of course, navigating global markets comes with its own challenges.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Procurement Heads

MARCH 27, 2023

Make sure that you don’t stop once you get qualified because while CIPS is going to give you a great foundation, you do need to attend ongoing training either with them or with organisations like the Global Sourcing Association because they’re going to help you build networks that you’re going to need to be successful.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246