A worldwide semiconductor shortage is plaguing the automotive industry.
Coronavirus Risk Assessments
Learn how to assess and mitigate risk across key sectors
Strategies for Strengthening COVID-19-Era Supply Chains
Problems continue piling up at ports, signaling that businesses should expect supply chain disruptions for many months to come.
Surging Shipping: Transportation Market Instability Spurs Rate Increases
Carriers have excelled in keeping pace with ever-changing realities during the pandemic, but not without costs to shippers and consumers.
COVID-19: Pushing the Evolution of Procurement
As organizations have struggled to stay afloat amidst this tough economic environment, procurement professionals have worked hard to adapt and show up for their businesses in new ways. The work, however, is far from over.
Technologies Shaping the Future of Procurement
Heading into 2021, procurement professionals will need to embrace emerging technologies to overcome modern risks.
ProcurementIQ Launches New Supplier Information Collection
With 2020 bringing on unexpected supply chain disruptions, ProcurementIQ knows it’s more important than ever to shape and strengthen your sourcing strategies.
MRO Markets are Looking Past the Pandemic
Heading into 2021, a number of trends are poised to disrupt business as usual in MRO markets, making it all the more pertinent to consider how MRO procurement strategies can adapt to shifting market norms.
Biden Is Proposing a Revolution in Procurement
President-elect Biden has proposed a cascade of changes to procurement practices in the United States, which would be the greatest mobilization of investments in procurement, infrastructure and research and development since World War II.
Solving the Warehouse Staffing Crisis
Surging e-commerce sales are driving record gains in warehouse employment, a trend that will only intensify heading into the holiday season. ProcurementIQ outlines strategies to mitigate the labor shortage risks that are poised to emerge.
Building the New Normal in Procurement
The rise of the coronavirus has turned procurement on its head. Which practices will manage to break the surface?
Financial Matters: Understanding Financial Statements
Companies’ financial statements are packed with numbers and figures that may seem confusing at first glance. While taking a templated approach to analyzing financial statements is an easy way to help procurement staff evaluate such dense documents a one-size-fits-all approach could cause procurement staff to misinterpret outliers.
Coming up Short? Managing Skilled Labor Shortages
ProcurementIQ breaks down the key factors exacerbating the skilled labor shortage and highlights strategies firms can employ to bolster their labor force and get affected supply chains back on track.
COVID-19 Workplace Screening: What Employers Need to Know
With states slowly reopening, businesses nationwide are gearing up for employees’ return to work. Use this guide to help decide if and how your organization should screen for COVID-19 in the workplace.
Company Reports to the Rescue: Four Uses for Supplier Data in Procurement
Company-specific reports, also called supplier profiles or vendor assessments, contain valuable supplier information that supports vendor management and guides decision making.
Coronavirus Price Risk Profile - PPE & Sterilization Equipment
The outbreak of coronavirus has led to closures of retail stores, restaurants, office buildings, hotels and other establishments. As these businesses resume operations, demand for sterilization and personal protective equipment is expected to increase.