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Procurement and Purchasing

Procurement is the effective acquisition of goods or services. It is important that the goods/services procured are appropriate and that they are purchased at the lowest possible price to meet the needs of the purchaser in terms of quality and quantity, time, and location. Procurement.com offers a comprehensive collection of insightful articles chronicling procurement best practices and purchasing intelligence.
  
Burlington Technologies To Add Cut And Sew Operation, Create 110 Jobs - Textile World Magazine
Burlington Technologies Inc., Burlington, N.C., plans to expand its manufacturing operation in Burlington, investing $725,000 to add cut and sew capabilities and creating 110 jobs. The company has received a $120,000 grant from the One North Carolina Fund along with other incentives from state and local Read more...
Supply Chain Review  -   2/21/2012 5:18 PM
 
  
Jim Shepherd Joins Plex Systems as Vice President of Strategy - Supply & Demand Chain ...
Plex Systems Inc., provider of Plex Online cloud enterprise resource planning (ERP) for manufacturers, appointed Jim Shepherd as its Vice President of Strategy. Shepherd will aid the company to better defining its strategic direction to continue the growth of Plex Systems with manufacturers across multiple industries and markets. “I am excited
Supply Chain Review  -   2/21/2012 4:00 PM
 
  
Elemica launches new BPO service for chemical logistics - Modern Bulk Transporter
Elemica, a leading provider of supply chain integration and optimization services to the chemical, tire and rubber, energy, and selected manufacturing industries, introduces the Elemica Transportation Management solution (ETM), a business process outsourcing (BPO) service "Powered by Oracle" and based on Oracle Transportation Management. Avail
Supply Chain Review  -   2/21/2012 3:00 PM
 
  
Conference Goers Use RFID to Get LinkedIn - RFID Journal
Conference attendees can now automatically send business-related links to those to whom they are connected via their LinkedIn accounts, using a system provided by Excelerated Applications Ltd. (Excelerated Apps). The solution, known as UpD8r (pronounced updater) Business, enabled LinkedIn members attending the UK and Ireland SAP User Groups Read m
Supply Chain Review  -   2/21/2012 3:00 PM
 
  
FDA utilizes supply chain management to fix cancer drug shortage - The Strategic Sourceror (blog)
The Food and Drug Administration (FDA) announced on February 21 that it plans to use effective supply chain management to compensate for a shortage of certain cancer drugs, according to a statement. "A drug shortage can be a frightening prospect for patients and President Obama made it clear that Read more...
Supply Chain Review  -   2/21/2012 3:00 PM
 
  
Green manufacturing standout sees carbon accounting software as next step - ...
Few companies can make a stronger claim to green manufacturing than Harbec Inc., a maker of machine tools and injection-molded plastic parts in upstate New York. The company runs a wind-energy turbine on-site, captures waste heat from a cogeneration plant, collects rainwater, maintains highly energy efficient buildings and recycles Read more...
Supply Chain Review  -   2/21/2012 2:03 PM
 
  
Warehousing and Logistics Veteran Joins WOW Logistics - Supply & Demand Chain Executive
Third-party logistics services provider WOW Logistics appointed Mike Gebhardt to its newly created role as Director of Business Development. This position will explore new opportunities representing all facets of WOW’s business offerings including warehousing, distribution, value-added services, transportation, leasing, build-to-suit and cheese f
Supply Chain Review  -   2/21/2012 2:02 PM
 
  
Technology prevents virtual pickpocketing by switching a credit card off - Tecca
Thanks to Radio Frequency Identification (RFID) and Near Field Communication (NFC) technologies, some credit cards dont have to be swiped anymore. Just wave your NFC or RFID-based credit card at a stores check-out counter, and youre good to go. While obviously very convenient, using these cards can also be Read more...
Supply Chain Review  -   2/21/2012 2:01 PM
 
  
Rethinking Supply Chain Risk Management Strategies - Compliance Week (subscription)
March 11 marks the one-year anniversary of the Japan earthquake and tsunami—foremost a terrible loss of human life, and also a painful demonstration of supply chain risks in a globalized world. One year after those events, risk-management efforts are still trying to catch up. Many businesses probably arent as prepared Read more...
Supply Chain Review  -   2/21/2012 2:00 PM
 
  
BCS Solutions Announces Formation of FireflyRFID Solutions - EIN News (press release)
BCS Solutions, a 20-year old systems integrator in the Auto ID industry out of Garden Grove, California, is pleased to announce its expansion into the RFID marketplace with the acquisition of RFID Resolution Team, located in Sanford, NC. Effective with todays announcement, the company is being re-launched as FireflyRFID Solutions, Read more...
Supply Chain Review  -   2/21/2012 1:01 PM
 
  
Success with Supply Chain Management: Gain Control and Reduce Costs by ... - Fast Casual
Our changing economy has pushed all companies to examine each part of their operation to find ways of doing more with less. Efforts to use less people, less time and lower the overall impact to the bottom line have caused companies to examine their procurement and distribution processes. Read more...
Supply Chain Review  -   2/16/2012 10:05 AM
 
  
Procurement rules must be tightened - Independent Online
Supply-chain management regulations which govern the procurement of goods by state institutions, widely considered to be the centre of fraud and corruption in government institutions, could come under review. KwaZulu-Natal Premier Zweli Mkhize told top government leaders – including MECs, heads of departments, Read more...
Supply Chain Review  -   2/16/2012 6:33 AM
 
  
Government supply chains under review - Independent Online
Supply-chain management regulations which govern the procurement of goods by state institutions, widely considered to be the centre of fraud and corruption in government institutions, could come under review. KwaZulu-Natal Premier Zweli Mkhize told top government leaders – including MECs, heads of departments, Read more...
Supply Chain Review  -   2/15/2012 11:33 PM
 
  
CIPS Supply Management Awards 2012 - Supply Management
A CIPS Supply Management Award is the most prestigious recognition a company or individual in the procurement and supply chain profession can receive. And the opportunity for you or one of your team to step on stage at the ceremony to accept a prize this September is at hand, as Read more...
Supply Chain Review  -   2/14/2012 2:00 AM
 
  
Accor checks out hotel chains wider environmental impact - Business Green
Hospitality giant Accor has released a major new sustainability report detailing how the companys 4,200 hotels impact the environment, potentially paving the way for the hotel chain to impose new green procurement criteria on some of its suppliers. In what is being hailed as an industry first, Accor worked with Read more...
Supply Chain Review  -   2/13/2012 5:26 PM
 
  
Irish government launches green procurement plan - Environmental Expert (press release)
The Irish government has illustrated its support for the purchasing of products and services from eco-friendly suppliers by launching a green procurement plan for local authorities. The development is designed to assist these authorities in effectively implementing sustainable purchasing policies and is hoped to boost the regions low carbon econ
Supply Chain Review  -   2/11/2012 7:23 PM
 
  
Huntington Ingalls Industries and Perfect Commerce Team Up to Improve Spend ... ...
Newport News Shipbuilding (NNS), a division of Huntington Ingalls Industries (HII), is rooted in Hampton Road’s community as a pillar of history and tradition; today, Perfect Commerce is proud to be a part of this monolith in the community by successfully implementing HII’s eProcurement solution. “Perfect Commerce has Read more...
Supply Chain Review  -   2/8/2012 8:49 PM
 
  
City of Raleigh Selects “Source-to-Settle” Leader SciQuest for Spend Oversight ... ...
SciQuest a leading provider of on-demand strategic procurement and supplier management solutions, announced today that the City of Raleigh, North Carolina, has chosen SciQuest’s source-to-settle procurement technology. Raleigh, the capital of North Carolina, is one of the fastest growing areas in the country. The city offers top educational insti
Supply Chain Review  -   2/7/2012 7:04 AM
 
  
The green initiative - The Diplomat Bucharest
Energy efficiency is shaping up to be a hot topic again this year. In the first half of 2012, the Ministry of Regional Development and Tourism (MRDT) will present a new scheme for financing energy efficiency works through European funds. Representatives of the MDRT told The Diplomat – Bucharest, “This Read more...
Supply Chain Review  -   2/6/2012 4:24 PM
 
  
Procurement is key to supply chain risk management - Supply Chain Digital
Year-end business reviews for 2011 point to a weak link in corporate practices that can bring even the mightiest of organizations to its knees in a time of crisis. That weak link is the lack of multiple suppliers that are dependable and readily available, according to the January 11, Read more...
Supply Chain Review  -   2/6/2012 10:13 AM
 
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