ICYMIM: July 31, 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.

Nicole Shedden, Corporate United, 7/25/2017

At a recent SYNERGY conference held by Corporate United, marketing, legal and IT professionals from the C-Suite opened up about their function's perception of procurement, and the value procurement provides. With their feedback and suggestions, Corporate United has identified what exactly procurement professionals can do to not only improve their relationships and collaborative efforts with other departments in their organization, but also how they can use these strategic relationships to demonstrate value and innovation between the cross-functional teams. 

Shawn Fitzgerald, ThomasNet, 7/27/2017

The Thomas Industrial Index recognizes patterns and trends to support buyers and suppliers in being educated on the most recent shifts and upcoming trends in the digital industrial economy. Their latest analysis shares this weeks findings, including a rise in sourcing activity for Printed Circuit Boards (PCB). This increase is credited to a universal short supply of copper, which is a main component in PCBs. Manufacturers who are struggling to source copper to produce PCBs can't meet the timelines and price expectations of the various buyers seeking PCBs at this time. 

Kelly Barner, Buyers Meeting Point, 7/31/2017

As a procurement professional, it is crucial to identify and monitor trends that are present throughout procurement organizations in all companies and industries. This week, founder of Buyers Meeting Point Kelly Barner recognizes three webinars in the upcoming week that discuss current events and hot topics in the supply chain, sourcing, and procurement space. Barner's recommendations include topics such as invoicing patterns, direct and indirect sourcing, and more. 
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Catherine Nardone

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