Afternoon Coffee: CSCMP Releases State of Logistics Report, New Bill Seeks to Secure Federal IT Supply Chain

Shipping and warehousing costs for U.S. businesses increased by 6.2% to almost $1.5 trillion in 2017, according to the latest State of Logistics Report from the Council of Supply Chain Management Professionals. And a new bipartisan Senate bill, the Federal Acquisition Supply Chain Security Act of 2018, seeks to make the federal government’s IT supply chain more secure. Afternoon Coffee brings you the latest news in supply chain and procurement.

Building the Business Case for SRM (Part 5): Assessing Stakeholder Satisfaction

Spend Matters welcomes this guest series from Sean Harley, co-founder and CEO of LUPR.

Part 5 of this series on developing the business case for investing in supplier relationship management (SRM) capabilities focuses on assessing stakeholder satisfaction with current SRM practices. When SRM is neglected, the speed of contracting, supplier responses to performance issues, and the ease of collaboration between all parties — suppliers, procurement and internal stakeholders — tends to suffer. The best way to identify key pain points is to conduct thorough surveys of both your suppliers and internal stakeholders. This will help you understand the wider picture, highlighting common threads that harm your ability to work effectively with suppliers.

Business Intelligence to Transform Procurement