The Spend Management Leaders Share Insights for April 2019

Source One News and Insights – April 2019

Supply Chain News and Insights from the Leading Consultants

Procurement News and Insights


Optimizing Procurement with Source One's Comprehensive Guide

New Guide for Building a World-Class Procurement Organization

Source One’s latest whitepaper series offers readers a pillar-by-pillar guide for optimizing the Procurement function. Looking at everything from training programs to Procurement’s role within the organization. The contributors look forward to sharing their insights and empowering professionals to take the next steps toward transforming Procurement and entering its next strategic era.

Procurement and Finance Provider to Know

Corcentric Recognized as Procurement Provider to Know

Corcentric has earned a spot on Spend Matter’s list of 50 Procurement Providers to Know. Each year, the list recognizes the technology providers and consulting firms that are working to drive Procurement forward. Corcentric is recognized for a number of major initiatives including its recent acquisition of Source-to-Pay provider Determine, Inc.



Procurement Joins the C-Suite at Macy's

Macy’s Creates Role for Supply Chain Officer

Every industry could benefit from an optimized approach to Supply Chain Management. Retail might have the most to gain (or avoid losing) by addressing the supply chain more strategically. Macy’s is hoping it can stave off the ongoing retail apocalypse by creating a new C-suite role – Supply Chain Officer.


Attaining True Win-Win Agreements

Redefining Win-Win with Kate Vitasek

We hear all the time that Procurement and Supply Chain Management are evolving. More and more organizations are shaking up the way they purchase and taking a more strategic approach to managing their spend. Why then, Kate Vitasek asks, is the function still relying on centuries-old logic to drive its negotiations? Vitasek calls for a new approach.


Target Welcomes Suppliers into Sustainability Initiatives

Target’s New Climate Goals Include Reductions in Supplier Emissions

Consumers want their preferred brands to embody a commitment to sustainability and provide consistent transparency. More and more this means it’s no longer sufficient for businesses to police their own supply chains. True leaders are asking their suppliers to join them. Target, for example, is asking suppliers to reduce emissions by 30% by 2030.


Will Predictive AI Help Optimize Procurement's Supply Chain

McDonald’s Looks to Decision Technology for Supply Chain Optimization

McDonald’s built its brand on quick service and efficiency. With the recent purchase of a decision technology company, the fast food giant is looking to take its speedy operations to a new level. Leveraging predictive AI, they hope to provide a more personalized customer experience. The technology will predict orders based on traffic, weather, and other criteria.


A Border Closure Could Seriously Hurt the Avocado Supply Chain

Avocado Supply Could Shrivel in Event of a Border Closure

Mexico is one of America’s most essential international trading partners. Issues at the border, however, could soon threaten the relationship. Should President Trump elect to close the U.S.-Mexico border, avocado imports could take a particularly huge hit. Experts predict supplies could dwindle entirely within a matter of weeks.


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