February 2015

Tightening Supply Chain Security Yields Many Benefits
Supply chains are in flux as companies continue to look for the right balance between offshoring and near-shoring and seek ways to streamline operations. Supply chains are also being buffeted »

Should Centralized Procurement Give Way to 'Specialist' Purchasing in Some Units?
Organisation-wide purchasing is often the responsibility of the procurement team with the business reliant on them to source the right »

Why Procurement Is No Longer Just a Numbers Game
We've heard it before: chief procurement officers aren't just cost-cutters. They're contributing real value to the organization. But is that really true?
If a new CPO study from IBM’s Institute for Business Value is to be believed, it’s actually starting to happen. The firm surveyed »

Supply Management: The Essentials
Richard Adams, principal research analyst with Gartner, describes the term "supply management" and talks about its importance to the organization. »

PrimeRevenue Releases New Version of SCiSupplier Platform
PrimeRevenue Inc., a provider of applications to support financial supply chains, has released Version 6.0 of its SCiSupplier platform.
The update includes a unified user experience across all OpenSCi product suites, along with searchable help content, frequently asked questions and »

What Threat, If Any, Does AmazonSupply Pose to Industrial Distributors?
With any discussion regarding the future of industrial distribution, the impact of AmazonSupply is sure to come up. Distributors seem to have differing views on this impact, ranging from »

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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