The Supply Chain Outlook is Improving

The Supply Chain Outlook is Improving

The Federal Reserve Bank of New York’s Global Supply Chain Pressure Index (GSCPI) decreased in February below the historical average for the index. The GSCPI was developed by the Federal Reserve to measure global supply chain pressures and indicate supply chain...
Importance of Category Management

Importance of Category Management

Category management is a critical aspect of procurement that can help companies reduce costs, increase efficiency, and drive growth. At New Dominion Consulting, we believe that incorporating category management into your procurement strategy is essential for long term...
High Wholesale Inventory Levels & Procurement Leverage

High Wholesale Inventory Levels & Procurement Leverage

Many wholesalers are still dealing with high inventory levels built up in response to ocean freight delays and logistics uncertainty in 2022. This excess inventory can represent a great opportunity for buying organizations to generate procurement savings and claw back...
Supply Chain Sustainability

Supply Chain Sustainability

Sustainability is no longer just a buzzword – it’s a critical aspect of supply chain management that can have a significant impact on a company’s success. At New Dominion Consulting, we believe that incorporating sustainability into your supply chain...