Industries asking for a piece of the economic stimulus package are frantically making their case to Congress, the President, the media and the general public. And although the package still has to go to the Senate for them to modify, the largess in the bill passed by the House of Representatives Wednesday will likely dole [...]
Entries from January 2009
How the Economic Stimulus Package Impacts the Steel Industry
January 30th, 2009 · 2 Comments · LCCS and trade, Top 5 Supply Strategies, best practices, sourcing, supplier management, supply management, supply market dynamics
Tags: Buy American Clause·buyer's market·commodities·metals·recession·steel·Top 5 Sourcing Opps
Are your Receivables at Risk?
January 29th, 2009 · No Comments · best practices, supplier management, supply management, supply market dynamics, supply risk
Last week, CFO magazine had a great article - How to Slash Your Credit Exposure - that discussed reducing the risk to your company brought on by the credit crunch. According to CFO, this predicament is due to:
Until recently, when debt became more expensive and harder to come by, companies generally had a blasé attitude [...]
Tags: procurement·recession·supplier management·supply chain finance·supply risk
New Mega Container Ships Add to Shipping Woes…but Provide Opportunity
January 28th, 2009 · 2 Comments · best practices, sourcing, supply management, supply market dynamics
Earlier this week, the Wall Street Journal reported on the arrival of new mega-container ships and the impact this is having on a market that already suffers from overcapacity. The gargantuan new vessels were ordered by shipping companies 3 years ago, when they were charging significantly higher prices and turning away business due since they [...]
Tags: buyer's market·commodities·LCCS and trade·recession·sourcing·Top 5 Sourcing Opps·transport
Don’t let TARP Trap your supply chain
January 27th, 2009 · 1 Comment · best practices, financial value chain, supplier management, supply management, supply market dynamics, supply risk
If you are hoping that the TARP (Troubled Asset Relief Program) funds will thaw the frozen credit markets for your supply chain anytime soon, be careful that you do not fall into one of the classic blunders. The first, is never get into a land war in Asia (tip o’ the hat to you [...]
Tags: process efficiency·procurement·recession·supply chain finance·supply risk
Closing the Contract Automation Loop With Electronic Signatures
January 26th, 2009 · 2 Comments · contract management, supplier management
Interest in enterprise contract management automation continues to grow and for good reason. Improved compliance of procurement contracts drives additional savings hitting the bottom line while faster, more efficient sales contract negotiation results in increased revenues and lower costs. In a recent report, independent analyst Forrester opined that contract lifecycle management (CLM) could [...]
Tags: contract management·process efficiency·technology trends

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