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Category: Procurement Articles

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Cognitive Procurement — What Are the Implications?

Cognitive Procurement — What Are the Implications?

By: Bertrand Maltaverne, Business Consultant at POOL4TOOL & Procurement Blogger After first proving its intelligence by beating humans at various games (Chess in 1996, Jeopardy in 2011, Go in 2016 and again in 2017, and Poker very recently), artificial intelligence (AI) is now “blind to the color of the collar”, be it white or blue. […]

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Calming the Bubble in Deep-Sea Cargo Markets

Calming the Bubble in Deep-Sea Cargo Markets

As originally published in SupplyChainBrain Slow post recessionary recovery has fostered uncertainty in many markets, but few have felt the effects as strongly as deep sea cargo transportation. The market’s emblem—an ancient, laboring ship that is slow to adapt to obstacles in its path—has become an apt metaphor for the market itself. Financial risk, absent demand […]

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After Weak Demand, Global Airfreight Market to Take Off

After Weak Demand, Global Airfreight Market to Take Off

As originally published in SupplyChainBrain International and domestic air cargo transportation services have shown tepid signs of recovery in the years following the recession, with estimated average price growth of only 0.2% and 0.3% each year from 2013 to 2016, respectively. While weak demand growth for shipping services and falling capacity utilization have cut into revenue […]

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Growing Markets: A Look at Trends in the Landscaping Industry

Growing Markets: A Look at Trends in the Landscaping Industry

As originally published in Properties Magazine Landscape enhancement services are considered one of the most effective ways to boost a facility or structure’s value. Though the chief benefits of landscaping services are primarily financial (e.g. increasing the value of a property, enticing prospective buyers and reducing heating and cooling costs), there are also numerous health, environmental […]

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Panama Canal Catalyst for U.S. Transportation Sector

Panama Canal Catalyst for U.S. Transportation Sector

As originally published in ISM’s Inside Supply Management The expanded Panama Canal was unveiled in June 2016, after nearly a decade of construction and a price tag of at least US$5.3 billion. The expansion, which will usher in a new era of neo-Panamax ships, is expected to be the catalyst for increased investment in transportation-related infrastructure. It […]

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Reclaiming Water: The Rise Of Wastewater Recycling To Meet Potable Water Needs

Reclaiming Water: The Rise Of Wastewater Recycling To Meet Potable Water Needs

As originally published in Water Online There’s roughly 32 billion gallons of municipal wastewater produced every day in the U.S., but according to a 2012 water reuse report by the U.S. EPA, less than 10 percent of that water is recycled. While drought and population growth is pushing water resources to their natural limits, cities […]

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Procurement, Are You Driving Your Organization Forward?

Procurement, Are You Driving Your Organization Forward?

As indirect procurement continues climbing — growing $4.9 trillion per year as of 2017 — and roughly $649 billion of all indirect spend gets wasted, the need for market intelligence is obvious. Making informed decisions is a crucial aspect of the procurement role, as is minimizing time spent researching, becoming a market expert and go-to […]

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The American Red Cross’s Journey to Better Practice Supply Management

The American Red Cross’s Journey to Better Practice Supply Management

Head of Procurement and Supply Management at American Red Cross The American Red Cross is on a journey to better practice Supply Management, and it is measuring its progress by comparing itself against the top 10% of all Supply Management organizations across all industries. With this in mind, Supply Management has focused its efforts on […]

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The Massive Problem at the Heart of SRM

The Massive Problem at the Heart of SRM

Senior Business Consultant at POOL4TOOL & Procurement Blogger We all know what SRM stands for: Supplier Relationship Management.
 But do Procurement practitioners know what it really means? Definition is where we run into our first issues, so let’s look at common meanings: Wikipedia: SRM is “the discipline of strategically planning for, and managing, all interactions […]

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Are Wastewater Treatment Prices On The Rise Following The Election?

Are Wastewater Treatment Prices On The Rise Following The Election?

As originally published in Water Online Over the course of the 2016 presidential election, President-elect Donald Trump has presented to the American public his energy and economic plans, which are geared toward establishing energy sovereignty and increasing the pace of job creation in the nation. In his push for energy independence, Trump has suggested lifting […]