Managing indirect spend is crucial for controlling costs. It is also a proven tactic. But direct connectivity still has a ways to go in aligning with indirect procurement. In a relevant piece of new research from our sister site Spend Matters, the team lays out just why direct procurement execution systems need to integrate visibly between tier-1 manufacturers, logistics providers, banking partners, MSPs, BPO firms, raw materials suppliers and more.
Direct Procurement Execution: What’s Changing? That’s the question answered in this FREE research download that encourages supply chain collaboration and Procure-to-Pay (P2P) integration in even the most complex ecosystems.
Get your copy today!
ATTN: manufacturers, if you haven’t factored supply chain risk management into your global procurement strategy then now is the time to take a long, hard look at what AGCO is doing with the help of riskmethods.
The world’s largest manufacturer of agricultural machinery, AGCO won the “Excellence in eSolutions” award for its “Procurement transformation” achievements. Find out their secret to success by joining us for the webinar, Award-Winning Supply Chain Risk Management at AGCO with Thomas Kase, VP at Spend Matters, and Jan Theissen, director, Strategy & Methods, Global Purchasing & Materials Management at AGCO.
Rules and regulatory compliance already got ya down? Well, another one’s comin’…
The final rule of EPA’s Clean Power Plan, set to go into effect mid-summer 2015, will likely have significant financial implications for US manufacturers. The potential cost, supported by several independent third-party studies, could be far below the original estimates put forth by the EPA. This has led to great cause for concern among domestic manufacturers as they already struggle to compete with international companies who, in many cases, receive heavily subsidized energy.
So what are US manufacturers to do? Join us this Friday for the webinar, What EPA’s Clean Power Plan Could Cost US Businesses (and What Procurement Can Do About It).
Although President Obama just nixed TransCanada’s proposed Keystone XL pipeline, tar sands oil will in all likelihood continue to dribble from Canada to China and elsewhere, regardless of whether a pipeline links Alberta to the Gulf. At least that’s the conventional wisdom many folks in the US manufacturing sector point to, when discussing the pros and […]
We caught up with William Strauss, senior economist and economic advisor in the economic research department at the Federal Reserve Bank of Chicago, on how he views current and future trends in the U.S. manufacturing economy. He’ll be speaking at Commodity/PROcurement EDGE this October. MetalMiner: How would you characterize the current macroeconomic climate for manufacturers? William […]
As global shipping continues to reach for the max — Panamax, Panamax Max, Post Panamax, Post Panamax Plus and New Panamax, to be exact, in addition to other massive container ships plying the global seas these days — our focus shifts to the liquids that have been traveling to Japan more and more lately. Namely, […]