Expanding the Procurement Toolset

Expanding the Procurement Toolset

Tim Murphy In a period from the late 1990s through early 2020, sourcing became the dominant tool for most procurement professionals. We reached for sourcing to drive savings, consolidate supplier bases, and obtain service improvements. Sourcing was so successful that...
Executive Focus – Q2 2023

Executive Focus – Q2 2023

Based on our conversation with company executives and industry experts, these are three topics that should be on executive agendas in Q2 2023: Financial and Cyber Risks: With the collapse of Silicon Valley Bank and Signature Bank last month and cyber attacks on the...
AI on AI: Supply Chain Management

AI on AI: Supply Chain Management

I asked ChatGPT what impact AI would have on supply chain management, here is how it responded: AI (Artificial Intelligence) is poised to revolutionize supply chain management in several significant ways: Improved Demand Forecasting: AI can analyze vast amounts of...
What is Strategic Sourcing

What is Strategic Sourcing

Strategic sourcing is the process of identifying, selecting, and engaging suppliers in a way that supports a a company’s overall business strategy. The goal of strategic sourcing is to optimize the organization’s supply chain, reduce costs, and improve...
The Logistics 5 with Sal Guasto

The Logistics 5 with Sal Guasto

Thanks to Sal Guasto for sharing his perspective on the current logistics landscape.  Sal is a global supply chain, logistics, and freight expert bringing more than 30 years of experience to his clients.  We appreciate the exchange with Sal and believe that...
AI on AI: Logistics

AI on AI: Logistics

I asked ChatGPT what impact AI would have on corporate logistics, here is how it responded: Artificial intelligence (AI) is poised to have a significant impact on corporate logistics, and has the potential to transform the way that organizations manage their supply...