Amid the third major shortage of helium in the last 15 years, procurement professionals are facing ballooning demand, deflating supply and pressure-filled price volatility.
Case Study: RFP Builder
Read a real-world success story about ProcurementIQ's RFP Builder
Lessons Learned from Three Major Procurement Blunders
When a procurement mistake occurs, it can be an opportunity to learn how to do things better next time. To proactively prevent future mistakes in your organization, learn and grow from others’ mistakes.
3 Procurement Success Stories to Inspire Your Business Strategy
Studying the success stories of other procurement departments can give you a fresh perspective or an encouraging story to show just how much is possible.
Construction Sector and Economic Decline
During a recession, when consumers stray from homebuying in favor of rentals, building activity slows and the construction sector eventually takes a hit. How can procurement in the construction sector prepare?
Boosting Public Procurement’s Value Proposition with Market Intelligence
Read about real world successes from the Fairfax County Department of Procurement and Material Management.
Trade disputes are here to stay
More than a year into Trump’s trade war, many businesses remain unprepared for the change in US policy. Procurement professionals need to start factoring in trade war headwinds to their operations. ProcurementIQ has identified several actionable takeaways that supply chain managers should consider.
Tariff Decision Tree - ProcurementIQ
With all of the tariffs being levied, it can be hard for purchasing professionals to be proactive and mitigate risk in a time of volatility. This decision tree from ProcurementIQ can help you know what questions to ask of your vendors.
Transportation Sector: Preparing for Economic Decline
Transportation is one sector of the economy that often relies on long-term contracts to control volatile input costs. Let's look at how recessions put pressure on operators within the transportation sector and shape their negotiation techniques.
Should businesses still outsource IT to India?
As market demand shifted to emphasize quality over cost, the competitive advantages that made India the global leader in IT outsourcing have slowly faded. So, should businesses still outsource IT to India?
USMCA & Three Tough Markets for Procurement in Canada
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.
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?