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    The FOMC Continues its Hold on Rates

    The FOMC Continues its Hold on Rates

    The Federal Open Market Committee (FOMC) voted to leave the target range for the federal funds rate unchanged at 0.25 to 0.50 percent following meetings on Tuesday and Wednesday of this week. Despite a strengthening labor market, inflation has remained below the central bank’s two percent goal, which underpinned the FOMC’s decision to uphold the […]

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    The Tightening Labor Market

    The Tightening Labor Market

    As originally published in ISM’s Inside Supply Management Despite benefiting from an overall expanding economy, some U.S. businesses are facing a growing labor shortage. According to the most recent data from the U.S. Bureau of Labor Statistics, there were only 1.4 unemployed individuals per job opening in June. This figure is down from the 1.6 unemployed persons […]

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    Bankruptcy Woes: Hanjin Makes Waves Across the World

    Bankruptcy Woes: Hanjin Makes Waves Across the World

    The world’s seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership — a form of bankruptcy protection — on August 31 and chaos has promptly ensued. While the situation is still developing, the ripple effects and atmosphere of uncertainty have already affected a number of businesses and markets across the globe. The […]

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    AT&T, HBO Deal and the Rapidly Changing TV Landscape

    AT&T, HBO Deal and the Rapidly Changing TV Landscape

    Telecom giant AT&T has reached an agreement with HBO that will secure delivery of the premium TV provider’s content across all three of AT&T’s TV platforms. The deal, announced in late August, renews HBO’s existing contract with AT&T’s DIRECTV and U-Verse services and will bring HBO content to the company’s upcoming internet TV service, DIRECTV […]

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    Highlighting the Value of the Procurement Department

    Highlighting the Value of the Procurement Department

    Owner and Editor of Buyers Meeting Point Professional procurement teams have struggled for years to demonstrate the total value of the function. Most people in an organization automatically associate procurement with savings, and while this continues to be a very high priority, savings does not begin to capture the full impact procurement can have on […]

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    Procurement and Intelligence

    Procurement and Intelligence

    Author and Founder of Cottrill Research LLC Procurement, in its continuous effort to be transformative and achieve higher levels of strategic value, understands that it is essential to systematically integrate intelligence into its many functions. The term intelligence often gets bantered about in best practices literature, but what exactly is meant when it is used, […]