KANSAS CITY — Tariffs and poor crops are stressing supply chains, making it riskier to source raw materials solely from a single geographic area. Maneuvering quickly and wisely may help save on input ...

Ask most executives to name their top cloud providers or logistics partners, and they’ll likely have an answer ready. But when it comes to where their lithium, copper, or rare earths come from, ...

Regional sourcing, multiple suppliers, and smart contracts are reshaping how the construction industry handles supply chain ...

Strategic sourcing skills play an important role in the cost structure and competitiveness of small and large businesses. These skills involve analyzing high-volume purchases and developing long-term ...

Strategic sourcing has been creating efficiencies, improving the quality of services, and reducing costs in private industry for years. Now it is time for the Army to strengthen its resolve in ...

LONDON--(BUSINESS WIRE)--Quantzig, a leader in delivering scalable analytics solutions and data science services, today announced the completion of its recent article that sheds light on the role of ...

For import-dependent businesses, relying solely on low-cost, single-source suppliers is no longer a viable strategy, it exposes them to risks that can disrupt operations, inflate costs, and damage ...

Get your outsourcing strategy right from the start - or risk failure... Companies that follow a formal process to define their outsourcing strategy stand a better chance of achieving expected cost and ...

General Motors Company GM has spent several years strengthening its supply chain to withstand issues like the semiconductor ...

Organizations everywhere are making digital transformation a priority, but some may be overlooking an area critical to their growth: transforming their strategic sourcing and procurement systems. Many ...

Strategic sourcing is a supply management tool that delivers significant cost reductions and other benefits, according to the Institute for Supply Management. It replaces the traditional purchasing ...

In today's cost-constrained environment, corporate legal departments (CLDs) must focus on delivering both savings and value—no easy feat. CLDs are simultaneously managing several matters, both exotic ...