Archive for May, 2006

Purchasing & Management Expectations

I hope that you have enjoyed the article “What Management Wants From Purchasing.” The recent supply management vs. spend management debate in the blogosphere made me reflect on the fact that a lot of management teams probably don’t know what to expect from purchasing. So, now, we have a legion of people trying to change the name of the purchasing…

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Supply Chain Risk

Now I’m a fan of the blog medium. And I get excited about purchasing and supply chain blogs. Unfortunately, as more purchasing and supply chain bloggers pop up like dandelions on my front lawn in May, the overall quality of the purchasing blogosphere is declining. And even the good purchasing blogs seem to strikeout in some of their posts as…

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A Sourcing Strategy’s Effect On The Stock Market

I found this article that describes a stock market analyst’s changing of his rating of a supplier’s stock based on his perception of how Apple’s sourcing strategy for the iPod may change. It is pretty interesting that someone is looking into a crystal ball, trying to figure out what a sourcing strategy will be – and actually making news with…

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On-Demand Spend Management Solutions

It seems like the buzz about “on-demand” spend management solutions is heating up. Essentially, on-demand enterprise spend management solutions are those purchasing-related systems that are hosted by the software provider, thus eliminating the hassle, delay, and expense of installing and maintaining the software internally. What’s odd about this is that in the late ’90’s and early 2000’s, this approach was…

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Good Negotiation Advice

With the online purchasing courses that I teach for Next Level Purchasing, I teach the fundamentals that every purchaser should know as well as advanced, progressive things that I’ve uncovered in my experience. Sometimes, I get a rewarding feeling when I see others teach principles that are similar to the ones that I teach (as long as they didn’t rip…

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Supply Management & Web 2.0

Anyone who knows me, knows that I love technology. I’m always looking for the hot, new tech buzz to incorporate into purchasing and supply management. After all, this was one of the first purchasing blogs – if not THE first purchasing blog. The latest buzz is around what is called Web 2.0. Web 2.0 represents a series of simultaneous trends…

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Supply Chain Certification, Degree, Diploma?

I often get asked: “What exactly is it that Next Level Purchasing offers – a supply chain certification, a supply chain degree, or a supply chain diploma? And what are the differences?” We offer a supply chain certification, not a supply chain diploma or degree. There are several differences between a diploma/degree and a certification. A supply chain/purchasing certification is…

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Fundamentals of Purchasing & The Apprentice

I just watched the Week 12 episode of The Apprentice last night. I couldn’t help but laugh in seeing Lee and Sean depend heavily on their suppliers for building their booth only to be embarrassed by a late delivery and poor quality workmanship. Ah, haven’t we all had that same embarrassing feeling when we were still wet behind the ears…

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Why Procurement & Supply Chain E-Learning?

Though it is 2006, some people still don’t feel comfortable with the concept of e-learning. Especially in the procurement & supply chain management fields where we have not been on the “cutting edge” as much as other fields like marketing and IT. So why should a procurement or supply chain management professional consider e-learning procurement courses over old-fashioned classroom training?…

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Back To Contingency Planning

This past Tuesday, we released the latest edition of PurchTips entitled “The Next Purchasing Crisis & Contingency Plans.” We watch the statistics of readership activity closely and, unfortunately, the readership on this article was not as high as we would have liked. That concerns me. Not because I feel that every one of my purchasing articles deserves to be read.…

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