ICYMIM: June 19, 2017

Source One's series for keeping up with the most recent highlights in procurement, sourcing, and supply chain news week to week. To stay updated on the latest supply management articles, check in with us every Monday.

Kelly Barner of Buyers Meeting Point for BravoSolution Blog

While most Procurement groups take a customer service approach to demonstrating value to internal stakeholder groups, this can prevent them from understanding their influence on the end customer. Procurement should work to thoroughly understand the customer value proposition, and increase its efforts to foster corporate citizenship by investing in supply chain sustainability and corporate social responsibility. In this post, Barner recommends five methods for ensuring your procurement team is actively considering customers with their efforts and not just catering to internal stakeholder groups.

3 Tips To Sourcing Packaging
Donna Cicale, ThomasNet, 6/15/2017

Packing is one spend category that is applicable in almost all industries and for that reason, there is a wide range of suppliers that offer a broad spectrum of price, performance and other details. While sourcing for these products may seem simple, there are actually a number of variations of most standard products that have individual specifications to differentiate and meet a range of needs for many businesses. It's also important to consider if shipping products that are only able to be used once are more efficient than shipping products that can be reused multiple times.

What is Visibility?
Michael Lamoureux, AKA The Sourcing Doctor, Sourcing Innovation, 6/16/2017

Strategic Sourcing and Procurement professionals strive to find transparency or visibility in the supply chains of their organizations, and while those terms seem clear, The Sourcing Doctor evaluates what we are looking for and why. Data is constantly being reviewed and organization to gain an understanding of processes and purchases in the supply chain, and while this information can answer some questions it does not provide complete visibility. With risk management, you can access activity reports that may clarify some of the information found after cleansing data, but this still will not create a completely visible supply chain. Ultimately, there is no direct path to achieving complete visibility and the definition is unique to each organization's supply chain operations. 
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Catherine Nardone

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