Originally consumer-focused, online marketplaces are now poised to disrupt B2B business. We discuss the opportunities and risks of online marketplaces and changes to expect for the future of procurement.
Turn Reverse Logistics into a Profit-Center
Reverse logistics is actually a diamond in the rough, and if approached from a strategic and holistic perspective, it can become a long-term profit center and beacon for sustainability. A new CAPS whitepaper can help facilitate the journey up the maturity curve.
Cultivating internal relationships for supply management success
How teams can cultivate successful internal partnerships and what they provide to the organization beyond simply reducing costs
Top-down buy-in for diversity programs empowers diverse suppliers
As supply management professionals, many of us have been involved to some degree in supplier diversity programs, but why are these initiatives more important than ever, and what more can be done?
Future Implications and Current Challenges of Coronavirus
Supply management must take action to mitigate risks resulting from Coronavirus, and plan for post-pandemic operations. We surveyed 115 major corporations to learn more about the actions they are taking and how they plan to move forward.
Assessing supplier financial health
Whether you are vetting and onboarding new suppliers, creating a category strategy, or assessing supplier financial health, there are a number of ways to collect important information.
Successful Category Management: Phases, Benefits & Challenges
Employing category management can help supply management practitioners to reduce risk while building stronger relationships with internal business stakeholders and external suppliers.