Many of my friends and colleagues are regulars at PriceWatch.com and Streetprices.com. I’ve always like Streetprices, but it may just be because I found it and used it first.
Websites like these are sometimes even more telling than electronic component commodity indexes. Because in this fast moving Procurement category, being ill-informed about pricing trends can spell […]
Read the rest » Procurement Central
August 31st, 2006 | Posted in Opinion
From an industrial manufacturing and global sourcing perspective, there’s no doubt that the India, inc. tide is rising. But if we drill-down on the A&D market specifically, the waves are really starting to climb to new heights. Consider how, according to DNA India, an Indian news source, that “Pratt & Whitney has firmed up […]
Read the rest » SpendMatters
August 31st, 2006 | Posted in Spend Management, World Trade
Back in the B2B boom era, one of my most vivid memories of doing work in the UK came from sitting in a pub with a now-former MD of a major European exchange when he explained the finer points and multiple definitions of a key piece of slang in the English language. The topic of […]
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August 31st, 2006 | Posted in Spend Management
I am pleased to welcome back Supply Excellence guest blogger, Tim Cummins, President and CEO of the International Association of Contract and Commerical Management (IACCM), the preeminent industry association for contract management professionals and research. Today, Tim tackles a subject that has become a touchstone in corporate America: compliance management.
With increasing regulatory pressures, compliance control has […]
Read the rest » Supply Excellence
August 31st, 2006 | Posted in Contract Management
Earlier in the month, Purchasing published an article describing the procurement and sourcing environment that Newport Corp. faced when it acquired Spectra-Physics in 2004. A good portion of the story focuses on the challenges of information systems and data access — specifically the issues that Newport had consolidating purchasing data. While Purchasing does a […]
Read the rest » SpendMatters
August 31st, 2006 | Posted in Spend Management
Freight impacts a tremendous amount of sourcing decisions and coming in 2007 a new EPA requirement will be adding to the complexity and certainly the cost structure. Beginning June 1st, the EPA mandated that all diesel fuel meet the new low emission standards, and although some extensions have been granted, the process will be […]
Read the rest » E-Sourcing Forum
August 31st, 2006 | Posted in General, Optimization, Global Supply Issues, Suppliers, e-RFx
As mentioned in a recent Industry Week article, recently the Stanford Global Supply Chain Management Forum, together with IBM, conducted a study in the manufacturing innovation series called Innovators in Supply Chain Security: Better Security Drives Business Value to determine if the significant levels of investment often required to improve supply chain security and mitigate […]
Read the rest » Sourcing Innovation
August 30th, 2006 | Posted in Supply Chain, Risk Management
By now, chances are that you’ve read about Sony’s laptop battery debacle. European leaders Network has a good basic summary of the story of how both Dell and Apple have been forced to recall nearly $270 million (their cost) of Sony batteries. As a result of the recall, Sony’s stock price plunged and their brand […]
Read the rest » SpendMatters
August 30th, 2006 | Posted in Spend Management
When it comes to global sourcing and supply risk, there’s no greater fear that companies have than a strategic offshore supplier going out of business with little or no warning. Unfortunately, China’s recently passed bankruptcy protection law should do little to help global sourcing executives sleep any better at night. While they are a step […]
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August 30th, 2006 | Posted in Spend Management, World Trade
Today marks the One Year Anniversary of E-Sourcing Forum. Things have definitely changed since that launch when we had a handful of people peeking in every day. In a few short months, we were able to build the content value to a point where thousands of people each month come to this blog […]
Read the rest » E-Sourcing Forum
August 30th, 2006 | Posted in General, e-Sourcing Marketplace