Handling Human Rights Issues in Tech Supply Chains

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Guest Post By John Kloosterman and Michael Congiu The electronics and information communications technology (ICT) industries are ever-prevalent today, and depending on your point of view, they have either profoundly connected or polarized our world. Like it or not, we rely on these devices every day at work and in our personal lives. Global businesses are always looking for the most … [Read more...]

Cyber Thieves’ Latest Catch: ‘Whaling’

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First, there was phishing, then spear phishing. Now, a new term has taken hold as cyber thieves aim their harpoons at even bigger catches. The result is whaling, where hackers’ bait is the highest positions of authority in a company, masquerading through email as a senior executive to attempt to fool an employee or supplier into releasing money, procurements or sensitive information. In June, … [Read more...]

Strategies When Contracting for SaaS Systems

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Buying Everything as a Service ISM2016 session on Tuesday, May 17 Presenters: Mark Trowbridge, CPSM, C.P.M., MCIPS, principal, Strategic Procurement Solutions, and Pierre Mitchell, chief research officer and director, Spend Matters and Azul Partners. There are many choices when it comes to SaaS, PaaS and IaaS products, and contracts offered by providers can vary in coverage and fees, the … [Read more...]

ERP and CTRM Systems: A Comparison

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By Shobhit Mathur The appeal of Enterprise Resource Planning (ERP) software is understandable. It is a proven technology. It is made available by well-known and trusted brands. Its suppliers have deployed solutions in a wide range of industry sectors, business types and organizational structures. And ERP analysts and developers have a huge pool of practical experience from which to draw on and … [Read more...]

Tesla’s Supply Chain Charging Up to Meet Demand

Detroit, MI, USA - January 12, 2015: Tesla Model S and charging station on display during the 2015 Detroit International Auto Show at the COBO Center in downtown Detroit.

When electric-car manufacturer Tesla announced it was releasing a lower-cost Model 3 in March, excited consumers lined up in droves for the chance to make reservations for these iconic autos. The Model 3 will retail around US$35,000 before tax credits, and is not expected to be released until 2017 at the earliest. Tesla has received about 325,000 orders for the Model 3, but now comes the tough … [Read more...]

US poised to be most competitive manufacturing nation

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In recent years, China has ranked as the world’s most competitive manufacturing nation. But by 2020, it will likely fall to No. 2, relinquishing the No. 1 spot to the United States, according to the 2016 Global Manufacturing Competitiveness Index report by Deloitte Touche Tohmatsu Limited (Deloitte Global) and the Council on Competitiveness. Michelle Drew Rodriguez, manufacturing leader, Center … [Read more...]

Cloud Computing and Data Sensitivity Concerns

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By Timothy P. O’Toole and John C. Eustice Supply management companies around the globe are looking to cloud computing as a way to store data. But because servers are located worldwide and because of the sensitive or confidential nature of some of the information stored in those servers, governments, including the United States, are becoming increasingly concerned about export controls … [Read more...]

Global Tech Summit Offers New Ways of Looking at Procurement

Attendees at the Global Procurement Tech Summit on March 15, 2016.

Today’s procurement professionals are faced with continually changing technologies, say speakers at the Global Procurement Technology Summit, presented March 14-16 in Baltimore, by Institute for Supply Management® and Spend Matters. “Technology is really shaping the way we work,” Mary Lue Peck, senior vice president of ISM, told the 200 attendees present during the opening remarks at the … [Read more...]

Supply Management and the Internet of Things

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We hear a lot about the Internet of Things, or IoT, and how this concept of an interconnected network of devices will affect all aspects of our lives, including the supply chain. Gartner Inc. has identified what it considers to be the top 10 IoT technologies and principles that organizations will need to consider for the next few years. They are: IoT device management; IoT security; IoT … [Read more...]

Assessing and Managing Risk with Contract Analytics

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By Lloyd Alexander, Seal Software Most companies rely on their procurement departments to choose the right suppliers, bring spend under control and negotiate favorable payment terms. The procurement function within an organization is also becoming much more strategic, and can involve cross-departmental inventory management, internal audit and reporting, and, as it relates to supplier … [Read more...]