Tom's Blog

From industry’s leader in connecting buyers and suppliers

4 Lean Procurement Strategies For Small And Mid-Sized Businesses

Many small- and mid-sized businesses (SMBs) don't have dedicated procurement teams in place. In fact, thanks to limited resources and tight budgets, sourcing responsibilities often fall on the shoulders of one or two individuals – many of whom juggle responsibilities other than procurement. As a result, monitoring existing contracts and sourcing best-in-class agreements can be a tremendous challenge for these SMBs.  

So how can SMBs optimize their procurement efforts despite the lack of resources? The key is to be Lean.

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Video: An Eco-Friendly Porsche That Reaches 172 mph

Porsche is extending their Panamera line of sports sedans to include an electric hybrid called the Panamera 4 E-Hybrid. This plug-in hybrid can generate over 460 hp, a top speed of 172 mph, and a 0-60 time of 4.4 seconds. 

Want to learn more about the Panamera 4 E-Hybrid? Our friends at Industrial Equipment News have the scoop:

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Manufacturing Industry Jobs Update: September 2016

At, we are big champions of American manufacturing and reshoring. In fact, we work with suppliers who produce amazing products made in America every day, and we play an instrumental role in helping small- and medium-sized suppliers grow.

But how can we measure growth for the industry overall? A good barometer is the state of the manufacturing workforce. That’s why we will be regularly diving deep into the latest information from the Bureau Of Labor Statistics to take the pulse of hiring in the industry and to highlight sectors that are growing.

Here is our Manufacturing Industry Jobs Update for September 2016 (scroll down for previous releases):

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Creating A Supply Chain Shortlist: Poll Results

Creating a shortlist is an essential component of the supplier discovery and selection process. But what, exactly, are supply chain professionals looking for when making their lists?

To find out, conducted an informal survey of our users – buyers, engineers and procurement professionals – to find out what factors they consider the most important when evaluating new suppliers.

Whether you are a buyer looking to improve your sourcing process or a supplier looking to connect with potential customers, the results could help you reach your goals. Here’s what we heard:

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Celebrating Manufacturing Day

October 7 is Manufacturing Day, an annual celebration of the North American manufacturing industry and the accomplishments of the people who work within it.

At, we partner with thousands of manufacturers to help them reach their business goals, and we spoke with a few of them to find out why a career in manufacturing is cause for celebration:

Alan Jesiolowski is a moldmaker at The Rodon Group, a high volume, custom plastic injection molder. He’s worked at The Rodon Group for 24 years and has been in the industry for 35 years.

Matthew LaBar is the owner of Scalar Manufacturing, a circuit board manufacturing engineering firm and a manufacturer's representative to electronic manufacturers. He has worked in the industry for eight years.

Carl J. Stelly is the Business Development Manager at Precision Cutting Specialties, a manufacturer of precision parts. Carl has worked in manufacturing for more than 36 years.

Here’s what they had to say about the field, the trends shaping the industry, and the advice they would give to young and aspiring manufacturing professionals.   

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5 Ways To Keep A Supplier Engaged And Build Supply Chain Partnerships

Whether you are looking to place an order, source something new, or just get an update on overall account status, businesses expect their suppliers to address these needs. But what do your suppliers expect from you?  

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Video: A Laser Machine Gun For Your Cleaning Needs

Cleaning might actually become exciting for those that work in the industrial sector. The company P-laser released a new handheld laser cleaner that is able to remove rust and dirt from metals. 

Although the use of lasers to cut and clean equipment is nothing new, this particular laser is essentially a 1,000 watt laser machine gun that shoots light bullets at an incredibly high pulse rate. Want to see the handheld laser cleaner in action? Then check out the full video from our friends at Industrial Equipment News

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Debunking 7 Common Exporting Myths & Misconceptions

Exporting can make a positive impact on your business. Unfortunately, there are several negative myths and misconceptions that could prevent you from taking advantage of the opportunity.

Don’t miss out due to misinformation. Learn the truth about exporting in today’s global economy.

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Nominating A Rising Supply Chain Star: What's In It For You?

Two years ago, David Allen, who at the time was Functional Excellence Lead in Shell Oil's Downstream Contracting and Procurement Operational Excellence Group, nominated a young colleague, Katy Conrad, for the and ISM 30 Under 30 Rising Supply Chain Stars Recognition Program. Katy was not only selected, she was also named the Megawatt Winner for 2014.

Now, David is encouraging other supply chain professionals to participate in the program, as it has proven a rewarding experience not only for Katy, but for David and the Shell organization overall. Here's what he had to say about the program, his experience and why it's important to recognize the next generation of supply chain professionals.

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