Blog / Gary Wollenhaupt
Blog/
3 Reasons to Shift Procurement From Just In Time to Just In Case
With inventory on hand, companies can adapt to inclement weather, rising fuel prices, congested traffic, overwhelmed ports, and other supply chain uncertainties.
What if Suppliers Want to Pay in Crypto?
Crypto can be used to pay vendors and to receive payments from customers and others. Your CFO and treasury department will have to weigh in on how deeply your organisation embraces digital currency.
Is AI Coming For Your Procurement Job?
Up to 15% of the global workforce could be displaced by automation through 2030, according to McKinsey research. In tech-based economies like Europe, Japan, and the U.S., that number could be closer to 25%.
Create Your Pathway Into Procurement
If you’re considering making procurement your career, you’ll find that it’s a cross-functional discipline where various education and experience can prepare you for success.
Should You Accept a Counteroffer to Stay at Your Job?
As you consider your resignation, prepare for the possibility of a counter offer. Think about the reasons you want to leave and what you hope to accomplish in a new job. Often, money isn’t the only objective.
Is procurement a dead-end career?
Did you dream of working in procurement? Is this where you want to spend the rest of your working life? Is a procurement career a dead end?
Is a degree necessary to succeed in procurement?
By limiting procurement hiring to those with university degrees, you might miss out on the employees who could help solve your problems.
It’s time to make weather forecasts part of your supply chain planning
Predictive weather analytics help supply chain professionals navigate climate change and natural disruptions as part of supply chain planning.
Inflation-Fighting Procurement Tips You Can Use
Higher prices seem to be an expectation these days, procurement pros should dig deeper to understand the real effects of inflation on the goods and services they buy. It’s not as simple as accepting an across-the-board price increase at face value.
5 ways to level up your local sourcing
Boost the local economy by looking for ways to build up the resilience of your procurement resources through local sourcing.