In supply chain management, reshoring and nearshoring are two strategies companies employ to optimize their production and sourcing processes. These…
Procurement
Supply Chain Trends to Watch in 2025
Supply chain professionals know the importance of monitoring industry trends. Things change by the month, day, and hour, let alone over the course of an entire year. Staying ahead is key to navigating cost and risk.
How Procurement Teams Can Utilize Digital Maturity Roadmaps
Many technology companies worldwide are transitioning how they manage their suppliers and collaborate with their engineering teams. The objective is…
Mapping the Challenges and Opportunities for Procurement Leaders in the Coming Years
In recent years, chief procurement officers (CPOs) have become valuable members of the C-Suite and decision-makers within the corporate hierarchy.…
Leveraging Predictive Analytics for Procurement Organizations
Increasingly, procurement teams are recognized for their potential to create value for the business, from cost containment and efficiency improvements…
How to Minimize Component Lead Times on Your BOM
Lead times for electronics components like resistors, capacitors, and antennas are in constant flux, but recent years have seen these…