Tag: NASPO Pulse

Procurement Methodologies

4 Steps for Dealing with Price Volatility in Commodities 

It has been over a year and a half since Covid-19 hit our borders. As a procurement professional, you have had a front-row seat.  You’ve stepped up despite sometimes having little to no experience in procuring specialty items like masks and gowns.  Now, with new variants emerging, supply chain disruptions, and a shortage of goods and services (i.e., meats, cars, and employees), state procurement offices continue facing volatile commodity pricing. As we enter the holiday season, how can state procurement officials best navigate these uncertain markets?   Read more “4 Steps for Dealing with Price Volatility in Commodities “
Emergency Procurement & Risk Management

CORONAVIRUS and Supply Chain Risk

The World Health Organization has declared a global state of emergency due to the outbreak of the Coronavirus (COVID-19). The ramifications of the travel bans relating to the outbreak and slowed manufacturing due to shortages of labor and raw materials means vendors in your supply chain may be affected.
To learn more on what to expect and recommendations on managing risk in the supply chain, keep reading.

Read more “CORONAVIRUS and Supply Chain Risk”

Professional Development

Major Procurement Trends: Helping Your Office Move Forward

In the past twelve months, what significant challenges has your procurement office faced? Have you had internal conversation about the struggle to replace a retirement-age workforce? Did you have to adjust in order to overcome a supply chain disruption caused by a major weather event? Chances are that you have- and you are not alone. For every qualified individual, there are six vacancies in the procurement sector, and we all have watched the news as natural and man-made disasters like devastating wildfires have affected millions of people. So, what should you and your fellow procurement officials do in the face of all of this uncertainty?

Read more “Major Procurement Trends: Helping Your Office Move Forward”