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26
Jun

Though those holding the SPSM Certification are usually procurement professionals who put their newly-acquired cost savings capabilities to work directly for their employers, there is a healthy number of consultants among the SPSM ranks as well. In our latest case study, we document how Erwin Barnar, SPSM2 – owner of Procression, a procurement consultancy – […]

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25
Jun

Many companies offer “tuition reimbursement” as a benefit to their employees.  Under this approach, an employee interested in furthering his/her own education would pay for an educational program (e.g., college degree, professional certification, etc.) out of his/her pocket and the employer would reimburse the employee once the program is complete. I know that some holders […]

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18
Jun

Today’s Procurement professionals face numerous, varied and complex change challenges often happening simultaneously. To meet strategic objectives and to be effective leaders, Procurement must be skilled at influencing change. Unfortunately, over two-thirds of organization change efforts fail! This dismal track record creates a “flavor of the month” mentality where individuals merely entrench until the pressure […]

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09
Jun

I hope that you have enjoyed the article “4 Vendor Relationship Management Activities.” Ask a group of procurement professionals how to achieve cost savings and you’ll likely hear suggestions about starting a sourcing project.  Or negotiating.  Or consolidating spend in a previously unmanaged category.  Or any other activity that occurs before a long-term supplier is […]

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28
May

On April 26, Chipotle announced its farewell to genetically modified ingredients (GMOs), a first for a major restaurant chain. A statement on their site explains: “Chipotle is on a never-ending journey to source the highest quality ingredients we can find. Over the years, as we have learned more about GMOs, we’ve decided that using them […]

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26
May

I hope that you have enjoyed the article “Your Strategic Sourcing Communication Plan.” In the article, I briefly referenced two types of communication plan tools:  a Stakeholder List and a Communication Matrix.  If you were to google “communication plan example,” you would find tons of examples of these tools, some of them good and some […]

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21
May

Have you ever wanted to benchmark your cost savings performance against that of other purchasing professionals?  Compare how much training you get versus your purchasing peers?  Learn what other organizations consider the most important purchasing skills? Well, the Next Level Purchasing Association is going to enable you to do all those things and more! In […]

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