From an analysis of recent corporate earnings “conducted for The Wall Street Journal by REL Consultancy, the working-capital division of business-consulting firm Hackett Group in Atlanta”, this morning’s WSJ reports that “companies with annual revenu…
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Now that your vacation is (almost) over, it’s time to dive back in and soak up all that you can in your quest to become the best Procurement Professional you can be. That means it’s time for Sourcing Innovation to resume it’s bi-weekly event update posts that point out some upcoming events that you [...]
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As I mentioned in a post earlier today, I spent a good deal of time these past couple of weeks reading various papers and periodicals. And one thing I took away from these relaxing hours with hot caffeinated beverages and both news and glossy print w…
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I’ve spent the past couple of weeks on the road, recharging my batteries and driving across much of the Northeastern part of the country. Along the way, I caught up with quite a number of faces from the Spend Management world, including procurement a…
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Share This on Linked In Today’s guest post is from Matt Gersper, founder and president of Global Data Mining and co-owner of CUSTOMS Info. Matt has over 20 years of experience in process optimization and data mining in the business domain. Failure to comply with the Importer Security Filing (ISF) regulations [...]
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In the previous installments of this series, we examined a range of topics regarding how to plan for — and what to expect — when it comes to M&A in the Spend Management sector. In this last post in the series, we’ll conclude by discussing the final…
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Share This on Linked In A recent article in Industry Week had a good article that outlined 10 strategies for managing suppliers. In brief, they were: Understand the true cost and value of the supply chain. A supplier cannot be properly evaluated unless you understand the costs they [...]
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Three years ago, Dell made the news in a big way with their flaming laptops which burst into flames, transformed into flamethrowers, or, if you were really lucky, spontaneously combusted! And everyone wanted a piece of the action. But not everyone had $600+ lying around to get in on [...]
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One of my great frustrations in supplier evaluation, an area that I may have spent far too many brain cells on at this point, is the hands-off approach to supplier scorecards that many firms pursue. Purchasing staff spend a great deal of effort and m…
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Share This on Linked In A recent article in RFID Journal states that, according to Karen Butner of IBM, “the baseline for smarter supply chains really is about RFID, sensors, and actuators”. Really?What smarter supply chains require is visibility … near real-time visibility to be precise. You don’t need RFID [...]
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