September 2014

Aras Issues PLM Platform on SQL Server 2014
Aras Corp. has made available its Aras Innovator Suite for product lifecycle management (PLM) on Microsoft SQL Server 2014.»

Online Course Designed to Teach Social Responsibility in Procurement
Getting bad publicity, losing customers and being subject to criminal consequences are just a few of the risks an organization can face when its procurement professionals are unaware of constantly changing social responsibility concerns.»

Direct Materials & Commodity Sourcing Strategies - Improving Results with Advanced Sourcing
Accounting for up to 80% of the cost of finished goods, direct materials that make up the final product sold are often commodity items - but significant effort is spent on minimizing »

When Should You Pay Your Suppliers - Early on or Only When Payment Is Due?
Is it wise to take advantage of early-payment discounts offered by suppliers? Or should you make other use of your cash until payment is due? There are lots of things to consider.
To decide whether to take advantage of early-payment discounts »

Radisys Closes the Outsourcing Communications Gap
The maker of wireless infrastructure opted to outsource its manufacturing to Asia. In the process, it was confronted with a host of problems related to a lack of visibility and poor communications with the chosen partner. It was time to automate the process, and get everybody on the same page.»

The Problem with Maturity Models in Procurement
We're all familiar with maturity curves, but how helpful are they really? Telling a company how mature they are, based on academic factors, means next to nothing if it's not rooted in practical applications that relate to a procurement professional’s day-to-day work.»

Innovation, Collaboration and Leadership Take Centre Stage at Procurement Success Summit 2014
At Procurement Success Summit 2014 (November 12-13), sessions on innovation, collaboration and leadership will take center stage as current trends of global and regional market and economics have brought these new challenges into the limelight.»

The International Federation of Purchasing and Supply Management (IFPSM) is the union of 48 National and Regional Purchasing Associations worldwide.Within this circle, about 250,000 Purchasing Professionals can be reached.
IFPSM facilitates the development and distribution of knowledge to elevate and advance the procurement profession, thus favorably impacting the standard of living of citizens worldwide through improved business practices.
The term procurement is taken to embrace purchasing, materials management, logistics, supply chain management and strategic sourcing. IFPSM is a non-political, independent and non-profit oriented International Organization.

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