Uncovering potential savings in GNFR (goods not for resale) expense has become increasingly important, as many US retail and CPG companies have encountered constrained profit margins as a result of the Covid-19 pandemic. Titled “Using Data Analytics to…
This article was originally published by Supply and Demand Chain Executive.
As a procurement leader looking to fix a spend data challenge, take time to evaluate your spend data and understand how you can deliver valuable and actionable insights…
This article was originally published by epsnews.com
Business stakeholders often overlook sourcing and procurement departments, viewing them as tactical purchasing and contract administrators or even as barriers to the buying process. The pandemic gave procurement an opportunity to prove its…
This article was originally published in the Sourcing Industry Group (SIG) Speaks Blog – 12/10/20, featuring LogicSource Managing Partner, Sam Vail.
It is hard to believe 2021 is at our doorstep, and while the immediate future is uncertain,…
The last six months have been among the most challenging many businesses have ever experienced. With the economy closing—and still only partially reopened—the retail and consumer packaged goods (CPG) industries have been disproportionately affected. According to a recent study…
There is a hidden resource hiding within every organization. And it’s one that can help any leader—CPO, CFO, COO—overcome the primary challenge with which they are tasked: increase earnings. For most of the clients we’ve worked with at LogicSource,…
By Jo Seed, Chief Operating Officer, LogicSource
This article was originally published in the Journal of Corporate Renewal
Disruption is the new norm across the retail industry as retailers pursue the best omnichannel approach to engage with their customers. The…
Time is money. We all know this truism yet how many hours do construction project managers spend per week – outside of their key focus area – on sourcing and procurement? For instance, how much time is spent finding…
Spend Matters’ Pierre Mitchell packs an enormous amount of actionable advice in his recent blog post, “Solving the Best of Breed vs. Incumbent Sourcing Problem – Beyond Selecting Technology.” Specifically, applying strategic sourcing best practices across categories, evaluating the…
Asking the right questions can help procurement departments evaluate their category approach and can show value and contribution to the overall P&L via a demonstrable, end-to-end sourcing process. Click here to read “Category Approach, Simply Tactical Excellence” by…