Procure IQ

Mostly Harmless, Part XXIII Previous Post Enterprises generally fall into two categories: public or private. While the basic requirements for e-Procurement are unchanged whether the installation is intended for the public or private sector, each sector has its own standards for procurement and the system must support the standards, and quirks, of the sector in order to ensure adoption and success. Since most of the posts to date have implicitly assumed that the application is going to be deployed in the private sector, this post will primarily discuss the public sector and some of the sector …

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According to a recent article in Strategy+Business on a return, not to normal, but to reality, Mark Anderson believes that three critical measures need to be put in place before serious recovery can begin: Better Protection of Intellectual Property Considering that most protection seems to revolve around patents that are abused by software patent pirates, not much progress has been made here. Reforms to Prevent Jackals and Vampires from Dominating the Market …

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… but are they right? Let’s take the five global trends they have identified as key transformational forces one by one: The Great Rebalancing The emerging market countries will contribute more growth than the developed ones. Once emerging countries increase their standards of living across the board, they will no longer be low-cost countries. If you rely on low-cost countries to power your supply chain, you’ll have to find new low-cost sources of supply. …

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Copyright Geek and Poke …

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I was thrilled with the results of the recent IACCM worldwide study that found Canada is ‘Top Dog’ when it comes to World Trade. It just confirms what I’ve known all along … there’s no one easier to work with than us canucks and no one more eager to help you solve your supply chain problems. Furthermore, as Tim Cummins notes, with companies and public sector agencies worldwide increasingly concerned about reputation risk, it’s ethics, fairness, integrity that really matter. If there’s one thing us Canadians tend to have in spades …

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Mostly Harmless, Part XXII Previous Post There are three major procurement models. While they all require the same basic e-Procurement functionality, each model dictates its own e-Procurement requirements and emphasizes certain features and functions above others. This post will address the different models and which features and functions are emphasized by the models. The first major model is the classic model of decentralized procurement where each business, functional, or geographic unit is responsible for its own purchases. Individual business units are empowered with autonomy and control over their process and design decisions. It allows for …

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The glory days of the Private Equity (PE) world are certainly not over but they are changing. Firms today are struggling to attract new investments and to manage the portfolio companies they own.
The days of the quick buy and sell are long gone. The PE firms today are faced with attempting to figure out how [...]

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The key to a rising CPO’s success is the often the ability to talk shop with the CFO and explain the advantages of supply chain management in terms that the CFO can understand. It’s often the quickest way to a seat at the boardroom table. Traditionally, this has come down to the ability to provide the CFO with the ROI (Return on Investment), the ROIC (Return on Invested Capital), and the ROE (Return on Equity) of every investment. This is because ROI measures the efficiency of investment, the ROIC measures the company’s efficiency at allocating the capital …

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A few months ago, the CPO Agenda published the transcript for its roundtable in London in May 2010 on budgeting for a wider influence. While this post is not going to summarize the transcript as it really doesn’t say anything that this blog hasn’t been telling you for years, buried within the transcript is a very interesting quote by David Noble, the Chief Executive of CIPS. If we do not have the ability to get in there and hold the door, we will lose it and be back to where we were 10 years ago. In other …

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