Last week, I profiled some of the best practices for a reverse auction process. In the final point, I mentioned that better communication with suppliers would help build confidence (and thus participation) in the process. Here is a real example of what happens when most of the rules and suggestions from last week […]
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Yesterday, I posted on Supplier Performance best practices. Today, I wanted to establish a list of things that suppliers should be providing, in some combination, to increase the value of their relationships with the buying organization. These items should be addressed in eRFx stage to determine the value add that each supplier brings […]
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Yesterday, I posted on Supplier Performance best practices. Today, I wanted to establish a list of things that suppliers should be providing, in some combination, to increase the value of their relationships with the buying organization. These items should be addressed in eRFx stage to determine the value add that each supplier brings […]
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Back in October, Rob Parrish had a great post over on Riskape that outlined the top 10 factors to consider when sourcing globally. This post was very enlightening as it opens your eyes to not only how risky global sourcing can be but why you should be using e-Sourcing tools to help you manage […]
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Looking through an article on World Trade Magazine, which had a section written by PRTM partner - Steve Pileggi, I noticed a description of six predicted supply chain trends:
Continued growth in air freight as the standard way of managing global logistics;
Broad national pressures in the U.S. for greater regulation on trucking for safety reasons; […]
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At long last, Iasta has finally released our newest version of SmartSource. I generally do not discuss happenings in Iasta-land on E-Sourcing Forum but this is significant from my perspective because we have been so excited about unleashing this monster, and, because it changes the e-Sourcing landscape even more with our expanding breadth across […]
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I wrote a blog early in the year which took some time to analyze the benefit of Most Favored Nations clauses in e-RFx documents. Interestingly, that blog is one of the most heavily trafficked, even still today. Since so many people have interest in this issue and there appears to be many questions […]
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As a follow up to last Thursday’s post on MRO Spend Management, I’d like to point out a recent Supply & Demand Chain Executive article that points out MFG.com’s acquisition of SourcingParts.com that effectively Creates the Largest Online Marketplace for the Manufacturing Industry. The deal creates a single global marketplace through which over $5B […]
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Freight impacts a tremendous amount of sourcing decisions and coming in 2007 a new EPA requirement will be adding to the complexity and certainly the cost structure. Beginning June 1st, the EPA mandated that all diesel fuel meet the new low emission standards, and although some extensions have been granted, the process will be […]
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On a hot summer day, there’s nothing the average guy wants more than a cold beer. However, if you happen to work at a brewery, there’s a lot more to buying beer than just buying barley, hops, and yeast, especially if you are a specialty brewer brewing specialty beers. I guess that’s […]
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