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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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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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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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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Share This on Linked In Now that Procurement has received board attention as the greatest potential for cost savings in the organization, CPOs need to start planning on how they are going to keep that attention once the recession ends and the spending monkeys try to steal the spotlight again. Thinking [...]
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Share This on Linked In Pneumatic lift-assistance devices can not only prevent back injuries, which account for one of every five workplace injuries or illnesses and cost businesses over 12 Billion annually, but they can increase productivity by 40%. A recent article in Industry Week explained how there is no more [...]
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Share This on Linked In Editor’s Note: Today’s post is from Dick Locke, Sourcing Innovation’s resident expert on International Sourcing and Procurement. (His previous guest posts are still archived.) Back on August 1 of this year, I posted an article that included these paragraphs:Here’s the tactic for the day. Run a grammar [...]
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Share This on Linked In I was very pleased to see this recent article in Purchasing that noted that cost reduction efforts require more focus than sacrifice because all too often I see companies blindly focussing on fixed cost reduction, which, in fact, just costs them more in the long run. You see, when [...]
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Share This on Linked In Editor’s Note: This post is from regular contributor Norman Katz, Sourcing Innovation’s resident expert on supply chain fraud and supply chain risk. Catch up on his column in the archive.I live in South Florida, and for one half of each year we worry about hurricanes. [...]
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