BUYING IN A RECESSION
By Purchasing Staff -- Purchasing, 4/29/2009 1:44:00 PM
Recession Reaction
EXCLUSIVE AUDIOCAST
HEAR BUYERS IN THEIR OWN WORDS
Want more tips and strategies on how to manage your spend in the recession? CLICK HERE to listen to a Purchasing.com exclusive audiocast including recorded segments from interviews with several top procurement executives including:
- Tom Linton, LG Electronics
- Laurie Manderbach, TIAA-CREF
- Eric Sandford, OmniSource Southeast
- Lara Nichols, Tyco International
There are plenty of positive signs in the economy, including growing consumer confidence and an increase in the number of buyers telling Purchasing that they plan to write more purchase orders in the next three months. But, still, we're in a recession and have been for awhile. With that in mind, Purchasing.com provides you with the tools you need to buy your way through the recession.
BEST PRACTICES
Examples of how purchasing and procurement organizations are managing in the recession.
Special report Recession Reaction: Best practices for buying in a recession
Includes best practices from several procurement
executives on how they’re managing their spend and suppliers during the recession. (See Audiocast at right)
Clorox outlines supplier management strategies for tough times
LG Electronics centralizes purchasing to save
Recession is a good time to grow your p-card programs
A strategic meetings management program can be competitive edge in down economy
Speaking Out: Leverage your data to find ways to save
RESEARCH/SURVEYS
Surveys and data on the recession’s impact on the supply chain
Buyers continue to increase near-shoring as risk management strategy
Economy shines spotlight on purchasing’s role
Survey: Firms increase focus on logistics to meet cost savings targets
Recession may drive re-thinking of some outsourcing deals
 Looking for signs of growth? Then be sure to visit POSITIVE INDICATORS, Purchasing.com’s exclusive collection of data and economic indicators showing the U.S. economy is ready for a rebound. |
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SUPPLY RISK MANAGEMENT IN A RECESSION As the economy begins its slow climb out of recession, purchasing professionals are concentrating more closely than ever on monitoring their supply bases for potential risks. And, CEOs and CFOs are increasingly relying on purchasing for vital information critical to overall corporate risk management efforts. For more information visit the Purchasing.com Risk Management Archive only at Purchasing.com/Risk. |
Risk Management
02/24/2009Your growing role in risk management
03/11/2009
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