General
This post does not need to be very long, I just wanted to point out a nice blog by Sourcing Innovation, which describes the difference between eProcurement and eSourcing. Yes, there is a big difference here, but not every one understands this. To this day, I still get people that go into technology [...]
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In a previous entry I talked about how the utilisation of Spend Analysis software makes the rational of a vendor reduction programme less relevant. When reading the latest report from The World Economic Forum on the risks for 2008 I am convinced this logic will now start to gain more momentum.
According to the WEF [...]
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In their winter edition, the CPO Agenda just published another article on everybody’s favorite person - the CPO. This one was called More Than Just The Goalkeeper.
But before I review it, I should note that a number of similar articles have been cropping up - exclaiming the importance of this individual - over the [...]
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Purchasing B2B had a good article over the summer called Suppliers Like You Because? Discovering All Your Leverage Points by Terence Lillew that had a list of nine discussion points that should be considered in the development of a cost management strategy for a category.
1. Dollar Volume
Dollar volume is generally the [...]
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There is an economic storm brewing and its called a recession. I believe Zig Ziglar once stated that experts have predicted 36 out of the last 2 recessions. The problem is, that nobody actually knows if we are in a recession until the economy is already pulling out of it. To start, [...]
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The Sourcing Grid is one of those concepts that is often talked about and, even more often, draw on dry erase boards and notebooks across the land. I was happy to see SCDigest publish a version from Dr. Ed Marien, professor emeritus at the University of Wisconsin. His version is available here:
Determining which [...]
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Charles Dominick had a good story about purchasing a new vehicle, which reminded me that I was going to blog about my own process of buying a new car. Last month, we decided to go through the same assessment in my own purchasing department which includes me starring as CPO, Director and Buyer. [...]
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In this post I summarize the sixth installment of the CPO Agenda 2007 debate series - How can your function drive growth and innovation? that took place in Frankfurt on October 30. As always, my summaries of the previous debates on World Class Procurement - The British Perspective, The Next Wave of Savings, [...]
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A great sourcing department is led by a great sourcing leader - but what does a sourcing leader do that sets her apart from everyone else? Simply put, to earn her place at the top, she astricts. More specifically, great sourcing leaders analyze, strategize, believe in team recognition, innovate, focus on compliance, use [...]
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Adrian Gonzalez of Arc Advisory Group, wrote an article in a recent newsletter which begins with:
I was listening to the radio this morning and an ad played for the station, promoting how they play today’s hit music, with few commercial interruptions. The promo, voiced by a woman with a soothing voice, ended with what [...]
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