ProcurementIQ presents this tariff decision tree, laying out considerations for buyers involved in the procurement of products and inputs that may be affected by the various tariffs imposed by the Trump Administration. While the decision tree primarily focuses on procurement of finished goods, such considerations can be applied to the purchase of many products and inputs.
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Procurement and Category Management Best Practices in 2021
Category management is a powerful way companies can reduce procurement spend and create value.
Suez Canal Crash Further Destabilizes Global Supply Chains
While it’s unlikely to disturb this year’s projected economic growth, the Suez Canal blockage is yet another wake-up call to prioritize supply chain resilience.
8 Action Steps for Sustainable Supply Chain Investment
Supply chain professionals must prioritize sustainability initiatives to retain market share in the long term. Below are eight action steps businesses can take to get started.