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24
Apr

Last week, my wife and I had the opportunity to take our first cruise.  The cruise was 5 days and had 3,000 passengers and approximately 1,000 crew members. The cruise got me thinking about what it takes to feed everyone on board among other things.  Usually, we think of shipping vessels in procurement and supply […]

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23
Apr

Ocean freight reverse auctions yield significant savings, allow for extremely fast decision making, and do not have to negatively impact the very important ongoing relationship between buyer and supplier. Typically reverse auctions replace slower, labor-intensive, multi-round spreadsheet driven bids. Reverse auctions automate data collection, negotiation, and analysis thereby replacing many hours of labor and several […]

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17
Apr

It’s been a while since I wrote a post about a personal experience that related to professional procurement.  But some recent dealings with Euro-Pro Operating, LLC – the maker of Shark vacuum cleaners – have “inspired” me to do a post that intersects work and home life. So, anyway… In the past year, I had […]

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07
Apr

The NLPA’s annual Purchasing & Supply Management Salaries Report is always an exciting and well-publicized piece of procurement research.  I recently chatted with My Purchasing Center about some of the most compelling intelligence summarized in the report. Listen at this link:  http://www.mypurchasingcenter.com/files/4314/2791/4198/Exported_Recording_-_MPC_Podcast_with_Charles_Dominick__4-01-2015_15_00.mp3

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06
Apr

Whew, we have finally made it to the final four procurement tips!  We have previously shared our March Madness Procurement Tips and our Sweet 16 Procurement Tips. Now, here are our final four procurement tips for purchasing professionals:   #4.  I have had the pleasure of working with multiple purchasing professionals over the past few years. […]

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03
Apr

Earlier this week, the Next Level Purchasing Association launched its fifth annual report on compensation in the procurement profession:  “Purchasing & Supply Management Salaries in 2015.” The NLPA aims to provide more data and analysis each year that the report is issued.  And this year is no exception.  Not only will you see how much […]

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03
Apr

According to Forbes Magazine, software giant SAP SE has announced its plan to provide online procurement and vendor management services.  The strategy SAP SE is pursuing is to take advantage of the business-to-business (B2B) ecommerce market in procurement which has become a hot spot of competition between up-and-coming organizations and heavyweights such as Oracle and […]

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