To the tune of “UHF” by Weird Al Yankovic. Put down your old-school textbook Throw out your online Guide Put away your jacket There’s no need to go outside Don’t you know that we control the horizontal We control the verticle, too We gonna make a sourcing leader out of you That’s what [...]
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Earlier this year I questioned the viability of The Gap’s (RED) Program, which nobly donated a portion of profits for certain products to fund vaccinations against AIDS, tuberculosis, and malaria in poverty-stricken regions of the globe. (The Gap even doubled-down on its charitable actions by sourcing the cotton for these products from local farms in [...]
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Last week, in Part I, I brought your attention to a recent publication from the Boston Consulting Group, Sourcing From China – Lessons from the Learners that contained an exhibit that described the four stages of successful Low Cost Country Sourcing:
Test the Waters
Early Engagement
Full Integration
Make the Low Cost [...]
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“GPO”*1 by Dot and the ‘Riba Brothers DotLittle GPO, you’re really lookin’ fine Three staplers and a printer only $389! Loadin’ up the shoppin’ cart in the e-checkout line C’mon and fill it up, check it out, get it now, GPO Wakko and YakkoWo wo, wo wo wo wo [...]
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Another presentation I hoped to make, but wasn’t able to (due to a prior commitment – and to be honest, if I didn’t have the prior commitment, I probably would have attended the parallel track on green supply chain) at the 5th Annual International Symposium on Supply Chain Management was the presentation on Risk Management [...]
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A recent study by McKinsey & Company and the Supply Management Institute found that high performing firms have high performing purchasing departments, that what matters most is the people in the purchasing department, and that purchasing departments staffed with talented, motivated, and interactional personnel achieve, on average, savings that is two-and-a-half times higher than their [...]
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Flipping through my ever increasing stack of Purchasing magazines, I noticed an article titled Purchasing Compensation: How to Negotiate a Higher Salary that I missed this summer which is actually quite interesting. Especially since it started off with the most important advice for anyone asking for a raise: know your value. Do your [...]
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Most business professionals would agree that industry conferences today are a crapshoot. Once limited to a few per year, the conference business has exploded with highly specialized events, half-day seminars, and virtual shows.
You could spend all year touring the globe (and the Web) attending conferences. But why would you? Most would agree that many conferences [...]
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A few colleagues of mine were at SIG earlier this month, and they all had (some) good things to say about it. I, of course, wasn’t there as SIG events are typically members only and I’m not a member – as it’s primarily for companies and not bloggers and independent consultants. But I’m always happy [...]
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One of the presentations I hoped to make, but wasn’t able to (due to a prior commitment), at the 5th Annual International Symposium on Supply Chain Management was the presentation by Philipp Hohrath from the Hamburg University of Technology on A Supply Chain Risk Management Process. Fortunately, the paper on which the presentation was based [...]
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