article thumbnail

Documenting the Response of State Procurement Officers to the COVID Crisis

NC State SCRC

Early in the pandemic, I was asked to join a team of academics to document and understand how state procurement officers were able to mobilize and react to this incredible situation. The post Documenting the Response of State Procurement Officers to the COVID Crisis appeared first on Supply Chain Resource Cooperative.

article thumbnail

The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

KraftHeinz Procurement Bends to 3G Capital’s Policies: How’s it Working Out for You?

NC State SCRC

Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital. billion dollars and it slashed dividends, sending the stock down 20% at one point, the Journal reports. The company reported $30.9 billion a year earlier.

article thumbnail

Most Popular Logistics Stories from 2021

Logistics Viewpoints

Procurement and Supply Chain are Smarter Together – Practical Use Cases ; Dr. Madhav Durbha ( Coupa ). In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration.

article thumbnail

Future of Procurement Study Available

Supply Chain View from the Field

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. Fearon, “History of Purchasing,” Journal of Purchasing (February 1968): 44. [ii]

article thumbnail

Who Owns Contract Management of Major Projects: Procurement or the Business?

NC State SCRC

The procurement function (contracting supply chain) typically provides the market & commercial expertise for creating the contract. The Business function is thus deemed to chair a collaborative Contract Management Team of Procurement, HSSE, Key Users, Finance, etc. A number of other interesting themes were also discovered.

article thumbnail

Supply Chain Matters News Capsule Follow-Up- February 24 2023

Supply Chain Matters

This week, multiple reports indicate that aircraft deliveries for the 787 Dreamliner have been temporarily halted reportedly because of a documentation issue related to analysis of a fuselage component. The Wall Street Journal noted at the time that this rate was above the pre-pandemic rate of 2.9