For Canadian businesses in the construction, automotive and healthcare sectors, USMCA and trade barriers threaten to challenge procurement departments. In this report, we take a closer look at the dangers to businesses in these three sectors.
Characteristics of a Successful Procurement Professional
What characteristics do you think a successful purchasing professional should have? Read about the top 6 here.
Macroeconomic Update: January - March 2019
ProcurementIQ's quarterly updates are intended to help professionals better understand the broader purchasing environment and make strategic buying decisions. The January - March 2019 update focuses on commodity prices and trade.
10 Markets in Canada with High Buyer Leverage
ProcurementIQ took a look at 10 markets in Canada that feature high buyer power scores, meaning procurement professionals can leverage their negotiating power to save money and gain value for their organisations.
Landowners Adapt to Construction Labor Shortages
As the construction sector faces heightened demand brought on by low interest rates, an expanding economy and more natural disasters, landowners have been forced to rethink sourcing strategies that were once the norm. This increased demand has left subcontractor firms stretched thin, leading to surging costs and a rise in project delays.
Amazon Business: Still Leading the Game with its B2B Purchasing Platform
Amazon’s B2B procurement platform launched in April 2015 and has become increasingly influential in the procurement space with new features and innovation. As you may expect, it doesn’t look like its growth will slow any time soon. Learn more about this tool and whether it might help you improve speed to market for your stakeholders.
How the Longest Shutdown in US History has Shaken Business Confidence
A shutdown lasting over a month is worrisome, according to economists. This past shutdown lasted 35 days, which is the longest in US history. How does an impasse like this affect businesses and supply chains?
ProcurementIQ Macroeconomic Update Q2 2019
Each quarter, ProcurementIQ prepares an update that identifies the most significant recent macroeconomic trends affecting procurement professionals. ProcurementIQ's updates are intended to help these professionals better understand the broader purchasing environment and make strategic buying decisions. Q2 2019 focuses on commodity prices, trade and interest rates.
Webinar: 3 Major Procurement Trends 2019
In 2018, we heard a LOT about tariffs, the blockchain, Brexit, trade wars with China, natural disasters and labor shortages. As we look ahead to 2019, there’s a good chance we’ll continue to hear about those topics. How can you be proactive and tackle these issues head-on? What will really matter to your stakeholders and your supply chain in the coming year?
Brexit Update: Still More Questions than Answers
It’s been more than two years since British citizens stunned the world and voted to sever ties with the European Union. There is still not a clear path forward on a deal for the two sides just months before the March 29, 2019 deadline. A no-deal Brexit would open up Pandora’s Box for British and European markets.
Case Study - RFP Builder
Green Bay Area Public School District needed to centralize the RFP process. While it was critical for the stakeholders to be involved in the solicitations, our contact needed his team to be the ultimate driver. So, he signed on with ProcurementIQ to use our RFP Builder.
Case Study - ProcurementIQ in an Academic Setting
Suffolk University prides itself on preparing students to thrive in the business world by providing the education and tools students need to succeed. By equipping students with ProcurementIQ’s trusted market intelligence, Suffolk is giving them access to cutting-edge information that will help them during and after their academic journey.
Webinar: Improve Your RFP Process by Avoiding These 5 Pitfalls
Let’s get back to the basics with 4 Degrees North’s Phil Bode, an expert on how to craft great RFPs. He’ll talk about 5 common pitfalls that are tripping up your process and offer simple, actionable solutions to get you back on track.
Case Study - Leading Financial Services Company
Based on ProcurementIQ’s accurate data and insight, the sourcing team made an informed buying decision that resulted in a thoughtfully executed contract that included improved SLAs and performance metrics. The multi-year contract locked in pricing, resulting in lower costs and reduced risk for the enterprise. Learn more about how they achieved this.
White Paper - Make Smarter Purchasing Decisions with Market Intelligence
If you’re like most of your procurement peers, you’re working harder than ever to align your purchasing goals with your organization’s overall strategy. You’re expected to keep costs in check and provide broad category expertise to your internal stakeholders while supporting innovation and reducing risk for your company.
Consulting Category Price Forecast
To help you understand the dynamics of the consulting industry, ProcurementIQ research provides key takeaways on areas such as specialization, concentration, profit trends and outlook to help you make smarter decisions.