Top 10 useful websites for procurement specialists
The Indian Ins...
The Indian Institute of Materials Management (IIMM) with its Headquarters at Navi Mumbai, is the National Apex body representing a wide spectrum of professionals engaged in various facets of material management, responsible for planning, sourcing, logistics & supply chain management. It has over 8,000 members from the public and private sector and a Knowledge Bank section which is particularly useful for them and non-members.
Hailing from the USA and celebrating its 100th year anniversary, the Institute of Supply Management is one of the world’s largest professional associations for procurement. It also has a pretty nifty sidebar on the homepage which tells you about all the latest supply chain events happening, in chronological order.
Ariba is a global provider of spend management solutions, and was bought by German software maker SAP for a whopping $4.3 billion back in 2012. When you’re buying, Ariba says it will help you source and procure goods and services in ways that boost competition and compliance, saving your company money and minimising any potential risks. A solid first port of call for procurement professionals and specialists.
Since 1986, CAPS Research has been providing thorough, practical research for our strategic-minded corporate members and forward looking insights for the academic community as the leading non-profit supply chain research organisation. CAPS Research’s motto is ‘Not for profit. For possibility.’ and they are jointly sponsored by a business school at Arizona State University, the Institute for Supply Management, and 130 major sponsor companies. It has a transparent website where you can discover a lot of useful information.
ESourcing Forum is a weblog edited and authored by Iasta, a global software and services provider of supply management solutions. As the name suggests, this website looks at procurement and supply topics primarily from an e-commerce perspective. Another website which is backed by a wealthy parent company. Its blend of acclaimed software and services focus on improving spend analysis, procurement intelligence, sourcing, contract management, and supplier lifecycle management.
In business since 1992, this website has connected nearly 5 million users with pre-screened, qualified sellers. Its current seller network exceeds 3,500 top brands and continues to grow every year. With a history built around helping procurement officers, owners make smart buying decisions. Purchasing.com has positioned itself as an essential resource and one of the first stop in the B2B purchasing process.
Azul Partners, the parent company of Spend Matters (US), was founded in January 2004 and is headquartered in Chicago. The blog Spend Matters launched in November 2004, making it one of the first blogs and social media site in the procurement and supply chain sector. It has not aged particularly well, with an outdated homepage and user interface, but spend matters still has a slew of relevant, insightful information and is a solid top 10 entry.
As the world's largest professional network with 300 million members in over 200 countries and territories around the globe, LinnkedIn is a powerful tool for supply chain and procurement specialists. Once a signed-up member, you are able to join group containing otherwise unreachable experts who can become valuable contacts in your day-to-day professional life. An absolute must have for any who is serious about their career path.
The UK Government’s online procurement service designed for businesses especially SMEs, allows Government buyers to publish contract notices online. Contracts Finder will publish details of live opportunities, including low-value procurements worth £10,000 and more. It will also publish tender and contract documents for closed procurements, as part of the government's transparency commitment. An invaluable site for procurement specialists, especially when lucrative contracts are hard to come by.
Well what else did you expect! We were never going to leave ourselves out of this where we? Seriously though, if you are involved in the procurement sector, Supply Chain Digital should be part of your daily read, just like a newspaper was for your parents. We provide constant updates not just on procurement, but the related sections of logistics, supply chain management, warehousing…and the industry-relevant Top 10s.
Since refreshing our website back in the summer of 2014, we have gone from strength-to-strength and I was proud to be recently named as the 21st most influential person in procurement by Procurious….obviously they listed us about 20 places too low but we’ll forgive them! We have primary sources and contacts in the procurement sectors for global brands such as Subway and Costa Coffee, and you can get your online daily briefing through Twitter too, where we have 15,000 followers engaging with us through the @SupplyChainD account. But don’t take our word for it, the numbers talk for themselves- in March 2015 we recorded 111,000 page views mostly from c-level executives in your industry.
Top 10 air freight carriers
10. Cargolux Group
The Luxembourgish freight carrier Cargolux Group (comprised of Cargolux Airlines and Cargolux Italia, established in 2008) remained in the number 10 spot, with a total reported FTK (Freight Tonne Kilometer) equaling 7.45 bn, which represents a 7.7% expansion year-over-year. The carrier group currently operates a fleet of 30 aircraft (26 through Cargolux Airlines and an addition four through Cargolux Italia), primarily variants of the Boeing 747.
9. Korean Air
Headquartered in Seoul, Korean Air provides cargo and passenger services to over 100 destinations in 44 countries. The carrier fell from eighth place in the previous year’s rankings, with a total FTK of 7.66 bn, representing a 7.1% decrease year-over-year. Korean Air reported a net revenue of $10.7bn in 2017, also reporting a return to profitability for the first time in five years, according to Forbes.
8. Air France-KLM
The Air France-KLM freight carrier group was founded in 1947. The group is comprised of Air France, KLM, and Martinair, and is based in Paris, France. Falling from seventh place in the Freight 50 rankings, the carrier reported a total FTK of 8.13 bn, which represents a 9.2% decrease in traffic year-over-year. The group reported a net revenue of $29.08bn at the end of 2017 and is ranked #28 on Forbes Magazine’s list of Best Employers.
7. Qatar Airways
Qatar Airways, the nationally owned airline of the Kingdom of Qatar is based in Doha, and ascended two places in the Freight 50 rankings, with a total FTK of 9.22 bn, representing a 19.6% increase in comparison to the previous financial year. The carrier’s Cargo division recently launched facilities at its hub in Doha to provide a “Seamless Cool Chain”, comprised of a “2,470 square metres Climate Control Centre situated at the airside… equipped with segregated temperature-controlled sections for storing pharmaceuticals and perishables.” This end-to-end supply chain control is expected to further improve Qatar’s standing as a leader of Middle Eastern air freight.
6. Lufthansa Group
Based in Cologne, Germany, the Lufthansa Group (comprised of Lufthansa, Swiss, Austrian, and Brussels Airlines) fell from the fourth position in the Freight 50, with a combined FTK of 9.46 bn. While this represents a 1.6% increase in traffic, year-over-year, the carrier was forced down the list by drastic growth from other German freight company, DHL. According to Forbes, Lufthansa’s revenue and net profits ($41.5 bn and $2.78 bn, respectively) in 2017 are both the highest reported by the company over a ten-year period.
5. Cathay Group
The Cathay Group (composed of Cathay Pacific Airlines and Dragonair) is headquartered in Hong Kong and its Cargo division accounts for 21% of the airline’s total revenue. The company’s first dedicated cargo flight between Hong Kong, Frankfurt, and London, was established in 1981, according to the official site. Now, Cathay Pacific’s Cargo Division services over 47 destinations worldwide. The carrier fell from the fourth position on the Freight 50 ranking, as its total FTK fell by 3.6%, to 10.21 bn. According to Forbes, Cathay Pacific experienced a second year of unprofitability, although the airline’s asset portfolio reached a record high in 2017, with a net value of $24.1bn.
4. DHL Express Group
Operating as the largest European carrier group, DHL Express Group (composed of DHL Air, DHL International, Air Hong Kong, Polar Air Cargo, ABX Air, Southern Air, Aerologic, and EAT Leipzig) rose two positions in the Freight 50 rankings. The carrier reported a total FTK of 10.56 bn, which represents an increase of 15.1% year-over-year. In 2018, at the Farnborough Air Show, DHL Express announced the purchase of 14 Boeing 777s, part of a new strategy to modernise its fleet.
3. UPS Airlines
Headquartered in Atlanta, Georgia, UPS Airlines is part of United Parcel Service, Inc. Founded in 1908, UPS is the oldest company in the Top Ten, and retained third place in the Freight 50 rankings, with a total FTK of 11.26 bn. This represents a 3.9% increase year-over-year. The Company as a whole reported a net revenue of $67.7 bn, according to Forbes, representing a continuation of a ten-year trend of continuous growth. Forbes also ranks UPS among the world’s top 100 most-innovative companies, and the world’s top 50 most-valuable brands.
2. Emirates Skycargo
The state-owned air freight carrier for the UAE, Emirates Skycargo remains in second place on the Freight 50, with a total FTK of 12.27 bn, representing a 0.4% decrease year-over-year. The carrier’s central hub in Dubai allows its 259-strong fleet to reach over 1.5 bn consumers in under eight hours. Current purchasing plans are underway for Emirates Skycargo to almost double its fleet size. According to Albawaba, “In response to increasing demand from its customers, Emirates SkyCargo introduced a range of air transport solutions specific to industry verticals including Emirates Pharma, Emirates Wheels and Emirates Fresh.” Emirates Wheels has transported close to 150 cars per month since the program’s inception.
1. FedEx Express
Founded in 1998, FedEx Express is both the youngest and largest air freight carrier worldwide, with a total FTK of 15.71 bn. Haulage decreased by 0.9% year-over-year, while revenue increased to $60.5 bn in 2016, and again to $63.8 bn in 2017, continuing an eight-year growth trend. FedEx employs 395,000 members of staff, with FedEx Express operating across twelve transport hubs globally. The carrier purchased an additional 24 Boeing 777 variants in 2018, maintaining their company’s position as the largest airline in terms of cargo haulage.