I don’t care what it’s made of – there isn’t a container in existence that won’t explode if filled to a point where the internal pressure exceeds the external pressure by a sufficient amount. Remember the second law of thermodynamics – the entropy of an isolated system not in equilibrium will tend to [...]
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November 30th, 2007 | Posted in Blogologue, Market Intelligence, rants
I’m not sure what the reason for this is, maybe it’s the “Free RFP Templates” for e-Sourcing (RFPs & e-Auctions), Supplier Management, Contract Management, and Spend Analysis brought to you by Procuri & Co., maybe it’s an over-inflated sense of technical knowledge, or maybe it’s just plain stupidity – but more and more I’m hearing [...]
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November 30th, 2007 | Posted in Blogologue, RFX, Technology, rants
Inspired by InformationWeek’s 9 Questions To Ask A Tech Startup, here are the equivalent nine questions that you should be asking your prospective sourcing and procurement technology vendors.What’s Your Background? This question applies to founders, key executives, and the company itself. Look for the right mix of people with deep technical expertise, deep domain [...]
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November 30th, 2007 | Posted in Blogologue, Technology
This is a continuation of the doctor wonders why the elephants in the room are often so hard to see where I expose the elephants hiding behind the couch, the lamp, and the projection screen. In my last post, I exposed you to the optimization elephants, the EIPP elephants, and the spend analysis elephants that [...]
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November 30th, 2007 | Posted in Blogologue, Contract Management, Supplier Management
With respect to e-Auctions, there’s a host of myths out there that need to be busted. Where-forth they sprang from, I don’t know, but to the graveyard, they must go! I’ll start with some of the more dangerous ones, and maybe the experts from e-Sourcing Forum and Where Next will chime in with [...]
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November 30th, 2007 | Posted in Auctions, Best Practices, Blogologue
In Part I of our review of Succeeding in a Dynamic World: Supply Management in the Decade Ahead, we overviewed the various external forces that will impact a company’s supply chain as identified by CAPs, AT Kearney, and the survey respondents. We then concluded with the eight major forces that were identified specifically by [...]
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November 30th, 2007 | Posted in Product Management, Sourcing Future, Sourcing Innovation, sustainability
In Part I of our review of Succeeding in a Dynamic World: Supply Management in the Decade Ahead, we overviewed the various external forces that will impact a company’s supply chain as identified by CAPS, AT Kearney, and the survey respondents. We then concluded with the eight major forces that were identified specifically by [...]
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November 30th, 2007 | Posted in Global Trade, Sourcing Future, Sourcing Innovation, Technology
Back in May, I overviewed seven critical supply strategies for succeeding in a dynamic world, as summarized in the article Succeeding in a Dynamic World that was jointly written by the ISM, CAPS Research, and A.T. Kearney after an initial foray into the data returned by a survey undertaken by the parties in an effort [...]
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November 30th, 2007 | Posted in Sourcing Future, Sourcing Innovation
World Trade Magazine recently published an article by Dr. Sandor Boyson titled Supply Chain Globalization: The Era of Revitalized Command is Upon Us that wasn’t too bad, provided you could translate all of the academic-speak into everyday English. Since it’s slow reading for anyone not accustomed to such pretentious verbiage, and almost ten pages, [...]
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November 30th, 2007 | Posted in Miscellaneous, Supply Chain
Did you know that, right now: You could be eligible for VAT rebates? You could be eligible for Import Duty refunds? or that … You could be overpaying for freight? You [...]
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November 30th, 2007 | Posted in Global Trade, Market Intelligence, Supply Chain