The U.S. Natural Gas Story in 15 Charts

Posted: March 30th, 2015 | Author: | Filed under: Energy, Gem, Natural Gas | Tags: , , , , | No Comments »

Natural gasThe story of U.S. natural gas gets referenced a lot but you may not know whats going on. Here are 15 charts that tell the story of the U.S. natural gas market which has been completely changed by the rise of horizontal drilling and hydraulic fracturing.

In the past few years, new technologies and cheaper costs allowed producers to access gas trapped in parts of the U.S. previously considered unreachable.

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The Marketplace and the Five-Hundred Pound Gorilla

Posted: March 25th, 2015 | Author: | Filed under: Best practices, Gem | Tags: | 1 Comment »

Five-hundred pound gorillaPurchasers know how hard it can be to convince our superiors & peers that we are doing a good job.
We struggle with Suppliers all the time, arguing, calculating, cajoling, pushing back to get the lowest possible all-in costs – and still we sometimes go over budget!

Does this mean we are doing a poor job? Probably not!

via The Marketplace and the Five-Hundred Pound Gorilla on Propurchaser.


A Supplier’s Advice for Purchasing Custom Tradeshow Exhibits & Environments

Posted: March 20th, 2015 | Author: | Filed under: Best practices, Gem, Negotiating with Suppliers | Tags: , , , , | No Comments »

3D ExhibitsDear Purchasing Professional,

We usually don’t get to speak with you directly when we respond to an RFP. But if we could, this is what we’d say.

We’d like you to know that to get the best value when buying custom tradeshow exhibits you need to take a slightly different purchasing approach. These products  require creative thinking (like advertising), and work best when uniquely crafted to fit your company’s needs.

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Use labor productivity to drive down purchase costs

Posted: March 15th, 2015 | Author: | Filed under: Best practices, Gem, Negotiating with Suppliers | Tags: | No Comments »

Labor productivity Suppliers often use wage increases to justify nudging up prices each year, usually 1 or 2%. And it’s hard to argue: – seems reasonable, and it’s less than inflation.
But wages aren’t the real issue – labor costs are.

And the reality is that the average cost of a ‘unit of labor‘ is about the same today as it was 5 years ago.

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Corporate Social Responsibility in supply chains: an example of aluminum refining

Posted: March 10th, 2015 | Author: | Filed under: CSR in purchasing, Gem | Tags: , | No Comments »

Corporate Social ResponsibilityCommodity production in many parts of the world causes huge problems for local communities. Extractive industries located in areas with poor environmental protection and enforcement can be particularly damaging.

For example this contentious aluminum refinery in Niyamgiri, India: The battle for Niyamgiri

Should purchasers have a role in influencing supply chains by avoiding companies with dubious social and environmental ethics? Would this be interfering with domestic governance and development, or does CSR (corporate social responsibility) pave the way for this type of decision? Are purchasers in a position to obtain and evaluate the information needed to make those decisions?


The Carbon Benefits of Recycled Materials

Posted: March 5th, 2015 | Author: | Filed under: CSR in purchasing, Gem, Greening the Supply Chain | Tags: , , | No Comments »

RecyclingThe benefits of avoiding extraction and primary processing are usually significant, even when collection, transport and reprocessing of recycled material is taken into account.

An increasing range of recycled products are coming onto the market, such as glass, steel, aluminium, plastics and paper. Usually calculating the carbon benefit is reasonably straightforward. As the final products must perform to similar standards (whether from virgin or recycled materials) in order to compete in the market place, the carbon footprint during their ‘use phase’ will also be very similar.

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US steel prices still trending down

Posted: March 2nd, 2015 | Author: | Filed under: Commodities, Metals, Steel, USA | Tags: , , | No Comments »

US steel prices still trending downUS flat-rolled steel prices crept down last week as mills continued to battle for market share against a backdrop of increasingly aggressive import offerings. Domestic steelmakers in the U.S. slashed prices in February to cope with a flood of imports juiced by the strong dollar, a move that will pressure their profit margins and reduce costs for buyers of steel, including auto makers.

Imports rose 33% in January compared with the year before, according to figures released Wednesday by the American Iron and Steel Institute, reaching 3.85 million tons, compared with 2.9 million tons a year earlier. The jump in imports comes as oil and gas drillers cancel orders for steel pipe, underscoring the resilience of overall U.S. demand compared with other markets.

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7 key factors for US reshoring

Posted: February 28th, 2015 | Author: | Filed under: Gem, Labor, What's Happening in Our Profession | Tags: , , , , | 1 Comment »

Reshoring USAAfter making the case for reshoring in a previous article, PwC identified 7 key factors influencing potential US manufacturing resurgence. Obviously, labor cost is one of those factors but not the only one.

“Industrial manufacturers may increasingly rethink their U.S. strategies, including the merits of continuing to separate production and R&D and producing abroad and importing back to U.S. buyers. Depending on the industry, there may be considerable benefits to establishing regionalized supply chains and R&D facilities in the U.S.,” said Bob McCutcheon, PwC’s U.S. Industrial Products leader.

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Greendex: Survey of Sustainable Consumption

Posted: February 23rd, 2015 | Author: | Filed under: Best practices, Economic Indicators, Gem | Tags: | No Comments »

GreendexIf your business is expanding into new or facing competition in existing markets, can you benefit from enhancing your green credentials to meet consumer preferences?

Greening your supply chain could provide a competitive edge in markets where consumers are increasing concerned with environmental issues and making spending decisons based on those concerns.

Find what you can learn from the Greendex Survey.


Rack Up Savings

Posted: February 18th, 2015 | Author: | Filed under: Best practices, Gem, Negotiating with Suppliers, What's Happening in Our Profession | Tags: , , , , | No Comments »

Savings
Stan Hankowski, a seasoned Buyer with a major American retailer tells an intriguing story that shows how Purchasers can help themselves by helping their suppliers.

He went to market last year to buy steel racking. He expected higher prices because he’d been tracking steel costs and knew they had gone up sharply.

via Negotiating Nugget on Propurchaser.


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