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This issue looks at risk management from a variety of lenses, including the costs and risks of sourcing or potentially decoupling from China, safe removal of employees from a war zone and how enriching supplier relationships can help organizations manage disruption. Additionally, learn about how skill sets, workplace dynamics and roles are evolving, in part due to the coronavirus pandemic, from leading emerging professionals.
Inside Supply Management® is a leading publication for those within the procurement/sourcing and supply chain profession. Our magazine covers essential news, innovative trends, ISM Report On Business® coverage, research analysis, leadership profiles, career strategies and much more.
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For procurement to deliver its full potential to the organization — and for that success to be accurately measured — an expanded set of metrics should be considered. Our research indicates there are seven key measurable dimensions
The coronavirus pandemic closed factories and caused lockdowns, resulting in reduced working hours and workforce numbers. In-person work became virtual and remains so for many. For a New Jersey company, fixing the labor problem has involved hiring overseas workers.
Despite digitalization’s benefits for resilience, many small and midsize enterprises are lagging behind, said Mathias Cormann, secretary general of the Organization for Economic Co-operation and Development (OECD).
With no leverage and "nowhere to turn" for prices relief, procurement and logistics professionals play the hands they’re dealt and pay whatever it takes to ensure supply.
With Russia having launched a military attack on the Ukraine, there is growing concern about potential economic and supply chain disruption like materials shortages, increasing prices and logistics challenges.
The economic, business and moral costs of sourcing from China continue to accelerate, as integrating the nation into the global economic order hasn’t improved its human rights record or advanced the cause of democracy.
Such measures as virtual and hybrid working models, collaboration and innovation, and increased supplier visibility can help organizations manage disruption — and humanize connections.
After Russia’s invasion of Ukraine, companies and supply management organizations sifted through the fog of war to perform their most critical risk mitigation: removing employees and their families from a war zone.
Four supply management experts weigh in on how their responsibilities and working styles have evolved during the coronavirus pandemic, how their organizations have adapted and what it all means for the profession.
With global supply chains leaving them unable to cover the entire field against disruptions, procurement organizations are preparing a new playbook — and could be ready to go on offense.
With e-commerce hitting new levels during the coronavirus pandemic, the need for hourly, on-site logistics workers has skyrocketed. “Because we’ve had items sent to the house instead of shopping in a big box store, at least three more sets of hands are touching that box,” says Melissa Hassett, vice president, client delivery, recruitment process outsourcing (RPO) at Milwaukee-based ManpowerGroup Talent Solutions.
Governance, proper classification standards and advanced analytics solutions are among measures that can make companies information rich — and lead to better decision-making.
While many companies threw inventory carrying cost caution to the wind as COVID-19 spread, it’s a critical gauge to help avoid costs of excess inventory, which ties up cash flow — and supply management organizations are primarily measured by cost savings and inventory management.
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Camille Batiste, CPSM, C.P.M. Archer Daniels Midland Company
Kimberly DeWitt, CPSM CF Industries
Miguel Gonzalez DuPont
Michelle Hawkins, PMP Charter Communications
Joe Matthews
GENTEX Corporation
Hemant Porwal, CPSM WESCO Distribution, Inc.
Stacey Taylor TriMark USA
Judy Whipple, Ph. D.
Michigan State University
Jeffrey P. Wincel, MBA, D.Min. NXP Semiconductors
Susanna Zhu The Hershey Company
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