The fifth and final category in the recent Top 5 Categories to Source Now webinar was metal stampings (full replay here). With commodity prices rising, any strategy that alleviates some cost pressure in metals will be greeted with open arms.
So, what were Category Manager Tom Arbogast’s recommendations for reverse auction strategies for metals?
The full [...]
Read the rest » Supply Excellence
Corrugated packaging has seen prices rising due to a host of factors, including winter weather, raw material prices and a rise in manufacturing activity.
In the recent Top 5 Categories to Source Now webinar, Kimbely Davis explained why this category is still among the most active right now, despite rising prices (full webinar replay here).
Kimberly’s four [...]
Read the rest » Supply Excellence
In the recent Top 5 Categories to Source Now webinar, Multifunctional Devices were identified as a category with cost savings potential in the current market (full webinar replay here).
Category Manager Loriann Andersen recommended the following approach:
The full webinar replay – including the other 4 categories the team advises sourcing now – is available here. [...]
Read the rest » Supply Excellence
Another category identified for cost savings in last week’s Top 5 Categories to Source Now webinar was commercial print (full webinar replay here). With marketing typically driving decisions on commercial print, it’s a category many companies have had trouble bringing under management of the procurement team. However if approached properly, commercial print provides great opportunities [...]
Read the rest » Supply Excellence
During last week’s Top 5 Categories to Source Now webinar, business services (i.e. consulting) was identified as a category with potential for cost savings in the current marketplace (replay here).
Senior Category Manager Rachel Rutkoski recommended approaching consulting spend from two different angles; strategic sourcing and demand management. The clip below is her segment on how [...]
Read the rest » Supply Excellence
Supply Watch report subscribers likely know about this (and have hopefully registered already), but the Category Management team is holding one of their Top 5 Categories to Source Now webinars tomorrow. The details:
Thursday April 1st at 11am Eastern Time (3:00 GMT)
Register here.
On the agenda tomorrow are:
Mike Petro, Lead Category Manager, North America
Loriann Andersen, Category Manager, [...]
Read the rest » Supply Excellence
Industries asking for a piece of the economic stimulus package are frantically making their case to Congress, the President, the media and the general public. And although the package still has to go to the Senate for them to modify, the largess in the bill passed by the House of Representatives Wednesday will likely dole [...]
Read the rest » Supply Excellence
Earlier this week, the Wall Street Journal reported on the arrival of new mega-container ships and the impact this is having on a market that already suffers from overcapacity. The gargantuan new vessels were ordered by shipping companies 3 years ago, when they were charging significantly higher prices and turning away business due since they [...]
Read the rest » Supply Excellence
Last week’s Top 5 Categories to Source Now webinar (view the replay here) had a HUGE attendance, which I’ll take to mean that buyers are hungry to capitalize on the opportunities the current market provides. But the intention to seek costs savings and actually executing on those good intentions are two different things, especially when [...]
Read the rest » Supply Excellence
We’ve posted a great deal of analysis on the buyer’s market conditions that currently exist in direct and indirect spend categories. This Thursday, members of our category management team will host a webinar where they’ll identify the top sourcing opportunities and strategies for each of them. You can register for the Top 5 Categories to [...]
Read the rest » Supply Excellence