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What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 10)
There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT and Purchasing relative to corporate initiatives. What in your own experiences and opionions are the top 3 issues that procurement professionals face?

Is Ford's auto-xchange the "Real Deal?" (Survey Response 3)
In a recent video that was released by The Ford Motor Company, Ford's Vice President and Chief Information Officer, Jim Yost indicated that the company has to "share information in real-time" and therefore can no longer use "the sequential processes” in which there were many “handoffs" and "transfers of information." Yost also emphasized the fact that Ford needs to "integrate much more closely with their customers, supply base and even internally," as well as stressing the importance of making information available to multiple levels of their supply base "simultaneously," thereby eschewing the current "cascade processes that might take days, weeks and even months" to disseminate. To enable you to respond to this question, you can access both the video as well as the corresponding article by contacting the author.

Other purchasing officer Related Articles

Investigating Franchise Offerings
Many people dream of being an entrepreneur. By purchasing a franchise, you often can sell goods and services that have instant name recognition, and you can obtain training and ongoing support to help you succeed. But be cautious. Like any investment, purchasing a franchise is not a guarantee of success.
The Components of a Franchise System
Many people dream of being an entrepreneur. By purchasing a franchise, you often can sell goods and services that have instant name recognition, and you can obtain training and ongoing support to help you succeed. But be cautious. Like any investment, purchasing a franchise is not a guarantee of success.
APPLYING FOR A BUSINESS LOAN: PUTTING YOUR BEST FOOT FORWARD
Some tips on how to prepare properly before sitting down with a loan officer at the bank. Understanding what criteria the loan officer will be looking for.
Doing Unto Others
By reaching out to others, helping, caring, and giving of yourself freely without any thought of personal gain, you will become a better and much happier person-and your impact will be felt forever. Like the ripple made when you cast a stone into water, the ripple effect you create by helping others is immeasurable. If you don't know how to do this on a large scale, do it on a small one. I know a man who is a full-time truant officer for a small town north of Denver, and also a member of an Optimist Club. As a truant officer, he found that some children failed to attend school because they were trading days with their siblings-there was only one pair of shoes among them.
Purchasing Management ---- The Driving Force to Maximizing Success during Tough Economic Times
Purchasing managers, purchasing agents and buyers are the life support system of your supply chain. This has become much more apparent during these tough economic times. I often use the phrase in leadership training; "You're only as good as the people you surround yourself with." That phrase also applies to one of the most critical functions in distribution, the Purchasing Manager. So what does being the life support systems to supply chain management mean? It means purchasing is the center of the universe, the equator, the fulcrum when it comes to meeting customer demands. This is a common fact. We all know it. Most of us say it and yet few of us really understand it.

Calling Mortgage Agent 2.25%...Getting help finding the right mortgage for you...
When it comes to buying a new home there is a lot more to the process than simply deciding to buy a home and going out and purchasing one. The purchasing of a home is one of the biggest financial decisions and commitments that a person can make.
Selling to Purchasing Departments
One of the most difficult parts of a salesperson's job is dealing with purchasing departments...Here are a few vital points to keep in mind when dealing with a purchasing department.

Silo Busting
In the old days we had sales guys and we had marketing guys and we had purchasing guys. The sales and marketing guys hated the purchasing guys. They never bought enough stuff, right? The wagon was never full. A common quote coming from some sales people: . "Our purchasing department sucks; I know there is an extra 5% discount out there. Purchasing is forcing me to sell at these high prices; we are just not buying right." The purchasing guys, in the mean time were saying; "Our sales guys are goofy. They keep saying they can't sell from an empty wagon. They want the wagon so full the wheels will come off. They say-"Put this in and I will sell it" and they never sell it. These kinds of feelings, these quotes were like a tradition. It describes a natural silo between sales and purchasing. It's not really supposed to be funny.
Is Your CFO REALLY a Chief Financial Officer
No offense to all those dedicated, competent, excellent performing CFO’s out there but I have to admit that I run into a number of individuals in business that hold the respectable title of CFO (Chief Financial Officer) that shouldn’t be the Chief of anything. Oh, some of these CFO impersonators do a good job as an accountant and some may even qualify as a Controller. But, there are some that just shouldn’t hold the title of Chief Financial Officer. “The chief financial officer (CFO) is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. The CFO is also responsible for analysis of data”. So…… ask yourself; is your CFO really a Chief Financial Officer.
Title Inflation Emerges With A Vengeance
Suddenly, title inflation is everywhere. I’ve seen more business cards or email sigs lately with adjectives like “executive” or “senior” or “senior executive” or “special” or “chief” in front of more traditional titles (e.g. “vice president”). The “chief” one is especially bizarre since it’s not always obvious whether the CSO is a “Chief Sales Officer” or a “Chief Security Officer” which in and of itself is a problem.
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