For any procurement department worth its salt, finding the right suppliers goes well beyond the question of pricing and quantity and enters into looking at how the selection of one supplier over another changes the organization’s risk profile. The Resilinc R Score is working to help streamline the process of making those determinations. The ranking…
Supply chain managers are earning more than ever before in terms of both salary and overall compensation. Better yet, the profession is flourishing—salary growth for supply chain professionals outpaced the average 2017 wage increase. However, as in many other segments of business, equally-qualified women in the supply chain are still paid less than men. The…
Every dark cloud has a silver lining. Unfortunately, the real beneficiaries of the current long-term and lasting component shortages are counterfeiters. “Current estimates for the annual loss to the electronics industry due to counterfeit components is north of $5 billion,” said Creative Electron CEO Bill Cardoso in an article on EPSNews sister publication EBN. “With…
Smart organizations know that a laser focus on ethics and compliance does a lot for the corporate brand and for the bottom line alike. Good practices and clear procedures in procurement and supply chain roles are a critical to these initiatives. By every measure, it’s worth the effort to build a good reputation as an…
Millennials want to make a difference … that’s the conventional wisdom about the workers taking their place in the high-tech industry currently. It’s more than just a wish in some cases. There are many shining stars bringing skills and attitudes to bear early in their supply chain careers in ways that make huge and measurable…
The digital supply chain, once more big talk than reality, will be emerging as a force for change in most procurement organizations over the next five years. A truly digital supply chain will improve processes even as it disrupts the way many procurement professionals do their jobs day to day. Some of the biggest opportunities…