Supply Chain Outlook 2020: Defining Competitiveness

Supply chains, more than ever, play an important role in defining competitiveness. However, emerging strategies for better managing spend and supplier relationships are helping to strengthen supply chain resilience and drive business growth. There’s no going back. We don’t visualize any situation where supply chain organizations can begin taking their foot off the pedal. Economic…

Direct vs. Indirect Supplier Management: A Closer Look

Back in the day, when factories served as the templates for developing business processes, the distinction between direct and indirect procurement spending was pretty straightforward: direct spend was focused on the things that went into your product – raw materials, components, subcontracted manufacturing services, and so on. Indirect spend, which some have leeringly referred to…

How Procurement Can Better Evaluate Risk vs. Opportunity

The semiconductor and electronics supply chain, like many other industries, is experiencing a renewed round of diversification strategies. There are a myriad of reasons and market opportunities driving the strategic shifts, but the bottom line remains a unified goal of increased business (volume and revenue) at improved costs with ever more finely managed risks. Among…