So, you are a CPO and you have decided that using eSourcing technology is a good thing and read some information about auctions that sounds compelling. Now, you have to make some decisions on how you want to implement your plan and drive the best value. Suddenly, the idea comes to you that […]
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Purchasing Magazine is broadcasting their findings from a strategic sourcing study that they collected. It should be an interesting webcast, which will hopefully stand out from the normal droning infomercials that seem to dominate the medium. As described by PM:
A recent in-depth study by Purchasing set out to document the innovation and problem-solving […]
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That floor of the company headquarters that no one from procurement has been to..that’s the marketing department. It shares the floor with the legal department and they do not want you talking about their spend, let alone sourcing it! This month there was a very good (and direct) editorial in ELP, written by […]
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I took a trip in the way back machine and reviewed some of my favorite posts of 2007, which I have neatly repackaged in concentrate form here, its a mixture of good strong best practices and interesting topics:
Hello World! Announcing eSourcingWiki!
Two stage reverse auctions
We are very, very special
Issues in eSourcing: Adoption and Penetration
The 7Cs Cheat […]
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The Doctor, who runs Sourcing Innovation blog, is never short on heavy hitting analysis. I particularly like when he takes on topics in eSourcing (big surprise). Last week, he had an in depth breakdown of the core functionality that most think of for eSourcing -eRFx/eAuctions. Additionally, you will notice his theme of […]
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I find the topic of Fortune 1000 M&A interesting because we have over 125 customers, and in any given year, it seems like 5-10% of them go through a major structural change, as a result of a merger with another massive company. Many times there are conflicting technology directions that exist, which must we […]
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Supply Chain Finance is the optimization of both the availability and cost of capital within a buyer-centric supply chain. The availability and cost of capital is usually optimized through the aggregation, integration, packaging, and utilization of all of the relevant information generated in the supply chain in conjunction with cost analysis, cost management, and various […]
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Recently, Michael Soon Lee posted an article over on uPublish.info on Ten Negotiating Mistakes that Cost You Thousands that deserves to be highlighted. Although it made heavy use of martial arts metaphors, all of the points are simple, important, and easy to understand on their own and we can easily work them into a […]
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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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There was recently a two part interview on SCDigest with Ed Marien, emeritus professor at the University of Wisconsin and director of its Supply Chain Logistics Management program. During it, I found some interesting quotes about the sourcing dynamic in some of his answers.
First off, he feels there is a talent and training issue […]
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