Regular readers of Spend Matters who take the time to check out the comments on a regular basis will know that of all the idiosyncratic irregulars who allow themselves to be drawn into dizzying, debaucherous, delirious debates, the wisdom and wit of the SpendFool is second to none. In an effort to insure that you [...]
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December 31st, 2006 | Posted in Best Practices, Miscellaneous
The historically quiet week between Christmas and New Years has turned out not to be so quiet from a supply risk perspective. And that’s because the recent earthquake around Taiwan has proven to the world how vulnerable our voice and data network infrastructure is to disasters — natural and otherwise. A long-time colleague and business [...]
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December 29th, 2006 | Posted in Spend Management
Supply management may finally be getting its due. Not only is the function being recognized as a strategic corporate initiative, but supply managers are also getting pay hikes.
Results of Purchasing Magazine’s 26th annual salary survey show average compensation for the supply management field rising to $83,205, a 6% boost over last year. (Read Purchasing’s synopsis [...]
Read the rest » Supply Excellence
December 29th, 2006 | Posted in Skills Rectruitment and Development
Over on Supply and Demand Chain Executive you can find Ben Trowbridge’s predictions on the state of outsourcing for 2007. Given that Trowbridge runs the offshore advisory specialist Alsbridge, you can bet that he would have quite a lot to say on the subject. And that he does. But while most of his predictions are [...]
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December 29th, 2006 | Posted in Outsourcing, Spend Management
Michael Lamoureux’s blog Sourcing Innovation has had a number of very creative and detailed posts lately that are good reading. Last week, he had a very “innovative” take on the 12 days of Christmas which is one of the better series of posts I have seen in the blogosphere. I recommend reading it [...]
Read the rest » E-Sourcing Forum
December 29th, 2006 | Posted in Functionality, General, Optimization, Technology, e-Sourcing Marketplace
Most readers of Spend Matters who do not know me personally — or professionally, for that matter — would probably think I’m more of a process and strategy person than a technology one. But I must confess, ever since I starting programming in Basic when I could barely propel the pedals and training wheels on [...]
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December 28th, 2006 | Posted in Spend Management
This morning, I’d like to again welcome Jim Lawton to Spend Matters. Jim is vice president and general manager at Open Ratings, a D&B company with a range of supply risk management solutions for automotive, aerospace and industrial manufacturers.
In my view, New Year’s resolutions often seem destined to fail from the start. Consider how [...]
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December 28th, 2006 | Posted in Spend Management, World Trade
Lean Sourcing is important, and I am quite pleased to see that the blogs are not the only medium extolling its virtues. Recently, the IACCM, Supply & Demand Chain Executive, and Industry Week have tackled lean and its impacts on the supply chain.
According to Supply and Demand Chain Executive, lean within your four walls [...]
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December 28th, 2006 | Posted in Lean, Miscellaneous
While the Bush Administration and civil rights groups debate the balance between national security and racial screening, one type of profiling that is without controversy is category segmentation. In fact, it’s encouraged by everyone — except maybe commodity suppliers in a highly competitive marketplace.
I came across a compelling framework on the Strategic Sourcing Europe blog [...]
Read the rest » Supply Excellence
December 28th, 2006 | Posted in Supply Management
Looking back, it would appear that this is one topic that I have not really tackled yet. Back in week one, I made an initial post on Contract Management, but although I have mentioned the importance of good contract management in a number of posts here and over in my summer series on eSourcing Forum, [...]
Read the rest » Sourcing Innovation: Recent Entries
December 28th, 2006 | Posted in Contract Management, Miscellaneous, Supply Chain