ISM Silicon Valley

Companies across industries are adjusting to volatile market conditions and reduced demand, leading executives to focus on cost reduction. The procurement and supply chain function serves as a key lever for improved cost performance, and many companies have launched initiatives focused on cost optimization.

Look Beyond Strategic Sourcing Companies often focus their efforts simply on strategic sourcing, but strategic sourcing alone cannot drive sustainable benefits. A limited focus on strategic sourcing may initially reduce costs for the buyer, but it may not ensure long-term realization of those benefits. More importantly, if executed in a manner where cost is the only focus, strategic sourcing can result in damage to a supplier relationship that may become critical in times of supply constraints. Instead, the focus should be on enhancing long-term value obtained from suppliers rather than on simply finding the lowest price.

The NRX Asset HubTM application addresses your business needs for managing asset information through all phases of the asset lifecycle from design & build, through commissioning & start-up, and operate & maintain, to decommissioning and disposal.

Silicon Valley, facing a slowdown in innovation and a shortage of funding, may lose its competitive advantage to emerging U.S. technology hotbeds such as Huntsville, Alabama, and Washington, D.C., a study found.

The PMBOK® Guide–Fourth Edition continues the tradition of excellence in project management with a standard that is even easier to understand and implement, with improved consistency and greater clarification.

Supply chain executives can better manage risk with a new service from Dow Jones & Company that provides ongoing, active monitoring of a wide range of potential threats. Dow Jones Supplier & Risk Monitor offers proactive monitoring of all types of risk including supplier failure, supply continuity, political exposure, reputation management, product safety, plant and port closures, staffing disruptions and more.

Dow Jones Supplier & Risk Monitor can be fully customized with widgets installed directly into a customer's workflow or hosted in a dashboard format, ensuring that the most current supply chain intelligence is always accessible. In addition, users can set up alerts, so they can be informed about key news and information by email or mobile device.