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Global Sourcing – Is It Suitable For Your Business?

Oxford College of Procurement and Supply

Global sourcing, overseas buying, international trading? Global sourcing usually attracts procurement professionals and other industry workers due to the perceived saving of money. Global sourcing more often than not delivers a price saving – but at what cost?

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The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Integration. Today this rarely exists.

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5 Steps Towards Modernizing Supplier Management

ivalua

At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Yet, too few businesses do so well.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Survey results in a new study by Forrester , commissioned by Ivalua, reveal several important lessons for procurement leaders to keep in mind as they adapt their departments for success. Disruptions, ethical and compliance risks are more likely to occur deep in your supply chain. Second, map your sub-tier.