Archive for October, 2005

Force Majeure Clauses

I hope that you have enjoyed the article, “Is Your Force Majeure Clause Too Weak?” I teach more about Force Majeure (including the definition of Force Majeure and examples of an actual Force Majeure clause) in our class “Supply Management Contract Writing.” Are you having a particular Force Majeure problem? Or have you made it through a supplier’s Force Majeure…

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Purchasing Magazine Articles

Purchasing Magazine’s October 6, 2005 issue featured quotes from me in a couple of their articles. First, they did a story about the SPSM Certification, our satisfied students, and the value that the SPSM brings to employers. Second, they featured my advice on sourcing a new category of goods or services. I recently also did another interview with another magazine.…

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2005 Supplier of the Year

Next Level Purchasing teaches the value of managing supplier performance in general and, specifically, the value of rewarding those suppliers who perform well. And we practice what we preach. We recently announced our winner of our 2005 Supplier of the Year Award – Karen Oakley Designs out of Hewitt, Texas. Here’s what I had to say in our press release:…

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Safety Stock Calculation

I hope that you have enjoyed reading the article, “A New Safety Stock Calculation.” Safety stock levels are undoubtedly being reviewed in supply chain departments throughout the world these days. With Hurricanes Katrina and Rita devastating the Gulf Coast and forcing many suppliers to declare Force Majeure, executives are asking supply chain managers “What should you have done to prevent…

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