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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January 31st, 2008 | Posted in General, Technology, Optimization, Spend Analysis, Analysts/Research, Global Supply Issues/Risk
SCDigest ran a commentary recently which spelled out five recommendations for improving your results for eSourcing.
Prioritize The Trinity Of Reliability, Quality And Price
Very true, eSourcing does not change what you would normally do when going through a sourcing exercise, it just enhances it. If you sense the loss of a critical milestones, recalibrate and […]
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January 16th, 2008 | Posted in General, Technology, Optimization, Reverse Auctions, e-RFx, Supply Management Best Practices
Recently, Supply & Demand Chain Executive reported on the annual 3PL CEO survey by Penske Logistics and Northeastern University. The survey, which found that many CEOs are optimistic about global expansion opportunities and the overall growth prospect for the industry, also had some good news for Sourcing:
87% of survey respondents indicated that procurement […]
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December 5th, 2007 | Posted in General, Optimization, Supply Management Best Practices
Even before Aberdeen came out with its “Success Strategies in Advanced Sourcing and Negotiations: Optimizing Total Costs and Total Value for the Next Wave of E-sourcing Savings” in June of 2005 where they determined that “the application of optimization tools to analyze total costs, and of flexible bidding functionality to uncover creative supplier solutions has […]
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October 8th, 2007 | Posted in General, Technology, Optimization, Supply Management Best Practices
For any one that subscribes to this blog and understands our position on eSourcing, my contribution to the 2007 Sourcing Innovation Series should come as no surprise. However, I forge these opinions, not by being locked up in a think tank with no access to sunlight, but with direct contact with practitioners, both client […]
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October 1st, 2007 | Posted in e-Sourcing Marketplace, Technology, Optimization, Supply Management Best Practices
Some guy named Mike Lamoureux wrote guest commentary in the latest newsletter from Eyeforprocurement, on the in’s and out’s of sourcing optimization. Of course, its worth a read because optimization is technology that has a bark much worse than its bite. Meaning…its not as bad or complicated, as you think it is. […]
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September 19th, 2007 | Posted in General, e-Sourcing Marketplace, Technology, Optimization, Supply Management Best Practices
I just got around to reviewing an Aberdeen study Winning Strategies for Transportation Procurement & Payment which was published in February. In it, there are many concepts regarding transportation sourcing which are interesting. Based on this study’s findings, companies seeking to improve their transportation procurement and payment processes should:
Centralize their freight procurement […]
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June 6th, 2007 | Posted in General, Technology, Optimization, Analysts/Research, Supply Management Best Practices
I broke away from the many conference duties long enough to catch one workshop, e-Optimizing Your Strategic Sourcing Process. This was put on by Dr. Phil Carter and Dr Larry Giunipero and I had particular interest as I was one of the interview pool that they used while developing their findings on advanced sourcing […]
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May 10th, 2007 | Posted in General, e-Sourcing Marketplace, Technology, Optimization, Supply Management Best Practices
32% of organisations worldwide have sustainable travel policy and 20% said their transport policy gave priority to vendors with lower carbon emissions.
These figures seem quite high but I can’t help but feel that with companies like Tesco and Wal-Mart giving a greater priority to this issue these percentages are likely to change dramatically over […]
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March 19th, 2007 | Posted in General, Technology, Optimization, Global Supply Issues
This is the second installment of our interview with Andrew Bartolini from Aberdeen. He takes some time to answer detailed questions about the supply management marketplace, adoption/traction and future. Thanks to Andrew for spending time to participate.
1. The Benchmark report indicates that many companies still do not use e-Sourcing strategies. From our […]
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February 26th, 2007 | Posted in General, Optimization, Interviews, Analysts/Research, Reverse Auctions, Supply Management Best Practices