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Insights: Procurement

Steps the outsourcing industry needs to take to survive

July 19, 2014 – What happens when you look at a culmination of many buyers’ first five years’ experiences after signing a contract? HfS takes a look at some collective journeys

Five smart supply chain trends for sustainable business

July 17, 2014 – From centralizing information to using predictive software, companies use different techniques for adaptable supply chains

Using Contract Management to Build Third-Party Visibility and Manage Supply Risk

July 16, 2014 – Many organizations implement contract management solutions to create efficiencies in the contract authoring and implementation process

Procurement jobs set to grow rapidly, but skills shortage remains a problem for employers

July 15, 2014 – Permanent procurement and supply chain jobs could be set to increase with 63% of surveyed employers saying they are prioritizing such positions

Suppliers Held Hostage To Procurement Platforms, Services

July 14, 2014 – Pricing models penalize suppliers for increasing their business with retail, other customers

The six crucial elements of successful change management

July 8, 2014 – Having the right frame of mind and utilizing data and facts are two of the key ingredients for successfully driving transformation

The global dilemma of procurement professionals

July 7, 2014 – Job titles identify one’s responsibilities in the organization. Title gives status that goes along with prestige and authority within the organization.

Engaging with talent through recruitment partnerships

July 3, 2014 – In highly competitive markets there is no better ally to have than a recruitment consultancy

Leveraging sustainability through supplier relationship management

July 2, 2014 – Employing a sustainable strategy necessitates a thorough assessment of the procurement process and assiduous scrutiny of supplier practices

Six ways to stay ahead in the global supply chain

July 1, 2014 – The influx of industry to low-cost sourcing destinations has brought about infrastructure development in those countries, increasing living expenses and wage expectations