Another stop on my whirlwind tour of North Dallas was
Sorcity. My goal was to find out if they were an on-line auction platform, an e-marketplace, a combination of both, or something entirely different … since their site left me asking as many questions as it answered.
Founded in early 1999, it is possibly the oldest […]
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Many of you know me as a blogger. But my op/ed roots go back to when I would frequently author columns for IT trade rags such as Internet Week and Information Week in the late nineties. I’m still asked on occasion to contribute my thoughts to various publications. And when I have the time, I’m […]
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Jeff Nolan, who for years has authored the excellent blog Venture Chronicles, penned
a short piece earlier in the month that captures the irony of global warming given the crop and citrus crop freeze in California. Specifically, Jeff suggests that it’s ironic that Nancy Pelosi announced a “House panel with no legislative authority to study […]
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A recent Hackett Group study claims that Fortune 500 companies could save more than $10 million annually by off-shoring procurement to far-away lands like India.
According to the report, advances in technology now offer the transparency and controls to allow enterprises to monitor spend and transactional activities managed by a third-party outsourcer. Much of Hackett’s business […]
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In our presentation last week at the Best Practice Exchange, Brian Sommer and I hit on a number of down and dirty Spend Management technology areas. But a topic that we also felt was critical to discuss in the context of technology was the importance of not ignoring outsourcing in making software selection decisions. And […]
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Aberdeen recently published a Global Supply Management Research Brief entitled e-Sourcing: The Art & Science of the Deal that indicated that procurement groups need to prepare for the oncoming challenges of future e-Sourcing waves now in order to maintain the momentum generated by maturing e-Sourcing programs.
In particular, the research brief advises the initiation of some […]
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Yesterday we talked about the fact that the best way to save money is to avoid spending it in the first place and introduced you to the 4 F’s of Cost Reduction: Failure, Facility, Focus, and Finance. Today we are going to discuss focus and finance and point out the specific solutions and methodologies […]
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Last week, I sped through the latest Economist and found this little fascinating story on the history of three centuries of shipwrecks on the Aleutian islands, which are directly South of Russia and Alaska. According to the story, the “archipelago is a hazardous traffic median in the great circle route, the shortest path between ports […]
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In the past few months, I’ve thought that Industry Week has done a good job covering the global sourcing and supply risk arenas. Over the weekend, I had the chance to read through their
latest piece on the subject. Penned by GT Nexus’ Andy Stinnes, the article examines how global sourcing initiatives often fall short […]
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A couple weeks back, I had the chance to catch up with Intesource to get a company and product update. For those who don’t know Intesource, they fall into one of the best-kept vertical secrets category in the Spend Management world. Just as SciQuest has established an expert position in the higher education and life […]
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