May-June 2021

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May-June 2021

Indulge me for a minute, while I lead a cheer for our profession. I wrote my column for the January 2021 issue of SCMR one Sunday morning after watching the first trucks full of vaccine roll out of a Pfizer plant in Michigan, headed for a UPS sortation depot. I felt an incredible sense of optimism for the country, and pride in the role that we, as supply chain managers, were going to play to combat a pandemic. Supply chain as in the spotlight, and on that morning, it was for all the right reasons. Fast forward to late April 2021.
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4

SC2020 Project Update: Uncertainties

Companies will need to do their strategic planning with an eye towards uncertainty, as well as risk.
8

Can consumers commit to sustainable products?

Applying analytic tools to real-world datasets, in addition to other types of information such as consumer interviews and experiments, can help us explore consumers’…
10

Reimagining the procurement operating model for tomorrow

Adopting new procurement strategies and embracing new vendor relationships.
16

Save Money While Spending More

We all want to conserve working capital by extending payments. But here are five ways procurement can save money while paying suppliers.
22

How to navigate inefficiency and incomplete contracts

In uncertain times, incomplete contracts help companies gain flexibility, agility and resilience. They’re made for times like these.
30

Perception Matters

How your procurement team perceives your suppliers—and their capabilities—can have a profound impact on the performance of your supply chain. Those can be managed.
36

Tracking Conflict Minerals

Our four-step framework provides a blueprint for transparency and traceability in the conflict mineral supply chain.
43

Getting to a win-win with the Department of Defense

Who says you can’t change for the better what has been considered to be best practices by the U.S. government for the past 30 years? Here’s how a 4PL formed a public/private…
48

It’s a great time to be in procurement

It’s no longer about being invited to the table in support of the business. It’s not “us vs. them.” This is about asserting our agency to open the door, sitting down at…
52

Priorities in sourcing and procurement for 2021

To thrive today, organizations must develop employees’ soft skills.

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