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Bayer Corp. initiated 750 cost reduction projects in 2001 and 2002 in the NAFTA region, netting cost reductions of more than $125 million, procurement officers said in recent interviews in [...]

For an investment of about $20,000 a year, your procurement/supply organization can return a minimum of $200,000 a year in increased profits to your company. That's the big message from [...]

Seven in 10 purchasing departments are now actively pursuing e-procurement, according to a new research study by Purchasing Magazine. Electronic procurement may have more fundamental impact on how purchasing takes [...]

'In three years, all procurement is going to be done over the Internet,' says Gene Richter, former chief procurement officer at IBM, which won this magazine's 1999 Medal of Professional [...]

Every month this magazine conducts a survey of business conditions among our readers--the nation's professional buyers. You'll find the results in the Buylines section under the heading 'Grassroots Report.' If [...]

The high-tech workforce in the United States exploded from 1.2 million workers in 1993 to 5 million last year. The semiconductor industry is ranked number one in terms of value [...]

Philip Crosby of Philip Crosby Associates finds that in order to alleviate quality problems it is necessary not to use faulty materials and to get top management involved in setting a clear policy on quality.

One of the strongest links in the American supply chain over the past 50 years has been the industrial distributor. Companies that take title to products, inventory them and then [...]

Join PURCHASING magazine online as we deliver important new information on MRO sourcing in a new format--on-demand conferencing. In this new Internet medium, you can view a symposium tailored for [...]

We're about to make your business planning a lot easier. This month we are launching PURCHASING magazine's Business Intelligence Center at www.purchasingdata.com. The BIC is a Web-based data wonderland for [...]

As you begin your mid-term review of me Section 201 steel tariffs this month, please take a look at the leadtimes analysis by Anne Millen Porter that begins on page [...]

This issue's cover story (starting on page 25) focuses on buying in Detroit, never a very pleasant topic. Too often, Detroit's top purchasing executives have focused on price, and not [...]

Now is the right time for electronics buyers to develop a new sourcing attitude. PURCHASING magazine's latest business survey indicates subtle, but possibly important, shifts in buying conditions. Buyers report [...]

Suddenly, the word purchasing is no longer in vogue. Even the Bard of Avon might be surprised by the proliferation of titles used to describe buyers in the 21st Century. [...]

One of the minority suppliers recognized last year for outstanding performance by the National Minority Supplier Development Council is now out of business. The company, called Complas, had $249 million [...]

The economy will continue to improve through 2002 and electronic sourcing technology will play an increasing role. These were the two big themes at last month's Institute of Supply Management [...]

Since I returned to PURCHASING Magazine as chief editor two years ago, a part of the job I have enjoyed greatly is working with our Editorial Advisory Board. Many magazines [...]

Companies are eligible for refunds of their tariff duties paid on imported materials which are used to manufacture products for export. There is a growing awareness of this duty refund or drawback as it is called. If a purchasing department keeps records and follows through with paper work substantial savings can be realized.