PurchTips - Edition # 107

 

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Supply Chain Technology: What's Next?

By Charles Dominick, SPSM, SPSM2, SPSM3

Are Major Technology Breakthroughs Looming?

In the late 90's, the field of supply chain technology exploded with new innovations such as eProcurement, reverse auctions, and more. The bursting of the dot-com bubble slowed the pace of innovation but, in 2006, we are seeing the return of innovative technology in the supply chain field as well as the Internet in general.

Today's PurchTips explores three emerging supply chain technology innovations: software delivery, community intelligence, and buyer-supplier collaboration.

Supply Chain Technology

Software Delivery: You can't shop the supply chain technology market without noticing the buzzword "On Demand." "On Demand is the delivery of software functionality over the Internet from a single application instance that's shared across all clients," explains Tim Minahan, Senior Vice President of Procuri, a supply chain solutions provider. "On Demand solutions require only a Web browser for access," eliminating hardware and software installation and maintenance, reducing costs, and speeding implementation.

Community Intelligence: Today's supply chain technology providers are "oriented to create a virtual community that's constantly transacting and collaborating and exchanging information," says Minahan. Community Intelligence includes inter-company information about supplier capabilities and performance, benchmarking data, and best practices that are accessible to the "Community" of users of a supply chain system. Some speculate that supply chain systems will someday feature Community-wide access to peer-input supplier ratings, not unlike a corporate purchasing version of eBay's seller feedback functionality.

Buyer-Supplier Collaboration: A casualty of the dot-com bust was the buzzword "C-Commerce" for Collaborative Commerce – a vision of the future that buyers and suppliers would collaborate seamlessly online. With collaborative tools like wikis now populating other portions of today's cyberspace, the buyer-supplier collaboration envisioned earlier is likely ready for prime time. Minahan cites three particular examples of technology-facilitated collaboration:

  1. Both buyers and sellers will be able to expose and share their excess inventory across the Community.
  2. Community members will engage in collaborative supply chain planning and logistics route sharing.
  3. Buyers will grant suppliers access to buy from their contracts where pricing or availability is more favorable, thereby reducing total supply chain costs.

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Spotlight On Professional Development Opportunities

SPSM Certification

Are you tired of not getting enough opportunities, respect, and money out of your purchasing career? Well, guess what? Nothing will change unless you take action towards becoming a world-class purchasing professional.

You see, today's employers refuse to reward employees for yesterday's skills.They demand that purchasing professionals like you use the most modern skills and achieve unprecedented results. They want you to save more money, achieve better operational performance, and reduce risk.

Is lacking a purchasing certification keeping you from getting the results, opportunities, respect, and money that you want out of your career? Today's employers refuse to reward employees for yesterday's skills. They want you to save more money, achieve better operational performance, and reduce risk. They demand that purchasing professionals like you achieve unprecedented results and without the most modern skills that can be a challenging feat!

So how can you acquire the most modern skills, achieve meaningful results, and convincingly prove your capabilities to today's employers? There is an impressive purchasing certification program that will teach you what you need to accomplish all of this and more. It is the SPSM® Certification, earned by completing the Senior Professional in Supply Management® Program. And you could earn it in less than a year - maybe even much less than a year!

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) (with the option of getting a Study Guide on an iPad) at:

Distinguishing yourself as an achiever in purchasing is key to sustaining a rewarding career, even in these difficult economic times. Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) at:

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices  into your organization and achieve your career potential. And if you sign up for the Senior Professional in Supply Management® Program on or before May 31, 2008, SPSMSM Certification Program on or before 4/30/2007, you also get these and other bonuses valued at over $700:

  • FREE $30 gift certificate to Amazon.com!
  • FREE CD-ROM with printer-friendly versions of the class materials!
  • FREE Purchasing Performance Measurement spreadsheet template!
  • FREE audio CD about purchasing job security!

To learn how to earn your SPSM® Certification and get these valuable bonuses, visit:

Earning your Senior Professional in Supply Management® (SPSM) Certification is the action to takeif you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSMSM Certification at:

Learn how to earn your SPSM® Certification at:

www.NextLevelPurchasing.com/spsm.html



The Latest Purchasing News!

  • Are you considering a career move? Since the last edition of PurchTips, at least four jobs preferring candidates with the SPSM® Certification have been posted at www.NextLevelPurchasing.com/jobs

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Want to learn more about today's topic? Then check out my podcast interview with Bill Dorn! Podcasts are audio files that you can listen to on your PC, download to your iPod/MP3 player, or burn to CD. Our Purchasing & Supply Management Podcast SeriesSM is a new way for us to help you succeed!

It's absolutely FREE to download the audio. Add it to your collection of great purchasing learning material!

Download This And Other Podcasts For FREE At
www.NextLevelPurchasing.com/podcast.


Free Procurement Training & Certification Starter Kit

This Starter Kit gives procurement professionals like you a clear idea on what it will take to become certified. You'll get an excellent feel for what you will need to learn and how long it will take.

Click here to learn more

Included in your free Starter Kit:

  • Access to two lessons from courses that are part of the Senior Professional in Supply Management® Program
  • A Certification & Training Planning Template
  • Case studies
  • A free Basic Membership in the NLPA

Together, these materials will help you decide how well the SPSM® Certification can help you achieve your career goals.

So, what are you waiting for? Begin your pursuit of a more rewarding procurement career – get your Procurement Training & Certification Starter Kit now by signing up for a free NLPA Basic Membership!

If you are already a member of the NLPA, click here to login and visit the "Starter Kit" tab to access these resources.