@Risk

Now that all eyes are on the procurement department to drive operational performance and cost reductions, strategic sourcing has become more important than ever before, according to new research by the Aberdeen Group.

The new report, Strategic Sourcing: The 2010 Guide to Driving Savings and Procurement Performance, gauged the sourcing programs, processes, and performance of over 400 enterprises and found that Best-in-Class enterprises are: (more…)

Facing an unpredictable economic recovery, ever-expanding supplier networks, impending regulations and often volatile fuel prices, many companies today are struggling to contain transportation spend. After all, these days, successful transportation cost management means not only immediate survival, but also significant competitive advantage going forward.

So, how are today’s Best-in-Class shippers keeping costs under control while optimizing carrier and freight performance? What are the key capabilities needed to make transportation procurement and payment a winning strategic initiative? (more…)

The global economic crisis sent shock waves through every business organization, and understandably, over the past few years, certain executive relationships have fundamentally changed.

For example, in many organizations, CPOs and CFOs are collaborating in new ways, now that CFOs are beginning to realize how optimization of procurement function results in significant business benefits (cost containment, competitive advantage, etc.)

Aberdeen Group takes a close look at these evolving roles in a recently released white paper, titled “The CFO’s View of Procurement: Work in Progress.”

According to the report: (more…)

Economic volatility has been the cause for the majority of supply chain disruptions over the past year and has led to unprecedented challenges in supply chain management, according to a new report from the Aberdeen Group.

The 24-page report, titled “The Supply Chain Executive’s Agenda 2009: Weathering the Recession,”  summarizes the results from a survey of more than 200 supply chain executives worldwide, provides insight about industry trends, and offers recommendations to combat the challenges of the global marketplace.

After all, as the report states: (more…)