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Tag: procurement


Logistics, Process

Brewing Better Supplier Relationships at Keurig

May 2, 2017

Via: Industry Week

Keurig Green Mountain, maker of the ubiquitous K-Cup coffees and coffeemakers, has its roots in Vermont, where everyone in town either knows each other, or knows each other once removed. It’s owned by a global private equity firm today—with 6,000 […]


Regulations

The Case for Civility in Manufacturing

April 10, 2017

Via: Industry Week

Anyone that’s read my column over time knows that in OEM supplier negotiations I am an advocate of finding the middle ground and making the pie bigger. Why? Because I know from experience that if an OEM and its suppliers […]


Logistics, Process

A Smarter Approach to Procurement

February 27, 2017

Via: Industry Week

Most companies only scratch the surface of procurement efficiency. Those that dig deeper discover that the savings can be dramatic. External purchasing is the largest single expense category for most firms, averaging 43% of total costs. Bain research shows that […]


Design & Planning, Process

The Changing Face of Direct Materials

November 8, 2016

Via: Industry Week

Contract manufacturing is giving business a new look, allowing companies to eliminate capital equipment and buildings and thus free up cash and improve their balance sheets. Few businesses do all of their own manufacturing today. In fact, industry analysts estimate […]


Design & Planning, Process

Confusion Surrounding Procurement

October 20, 2016

Via: Industry Week

While it is crucial for businesses to understand how they are sourcing materials and to manage spend effectively, it turns out there is a lot of confusion around the procurement process, according to a recent Google survey conducted by AmeriQuest […]