Archive for January, 2009

Is An Onshoring Trend About To Break?

With millions of jobs in the USA lost in 2008 and things looking bleak so far in 2009 – 71,400 jobs were lost on Monday alone – one wonders what the US workforce of the immediate future will look like. With tons of people out of work and available jobs scarce, some experts predict that people are going to have…

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Super Bowl XLIII: The Purchasing & Supply Management Connection

This Sunday is the big day: Super Bowl XLIII! And there’s a purchasing and supply management connection. The Super Bowl will pit the Steelers against the Cardinals. The Steelers are from Pittsburgh. The Cardinals are from Arizona. Next Level Purchasing is based in Pittsburgh. The Institute for Supply Management (ISM) is based in Arizona. Doesn’t this beg for the type…

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Whitepaper Wednesday – Procurement Process Centralization & Standardization

Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. Today, I’ll be reviewing a whitepaper entitled “Enterprise Source-to-Settle Transformation” from MarketSphere Consulting, LLC. This whitepaper is more of a case study than a true whitepaper, as it describes MarketSphere’s success in transforming the procurement process for one of its Fortune 500 clients. The case study…

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Purchasing & Accounts Payable: Unfulfilled Potential For Collaboration

I hope that you have enjoyed the article “How Purchasing Should Work With A/P.” If you are not convinced that improving Purchasing’s synergy with Accounts Payable should be a priority, consider the following scenarios: You’ve worked to negotiate an early payment discount from your supplier. As a result, you’ve included this early payment discount in your cost savings reports. At…

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Can You Earn A Purchasing Certification Without A Bachelor’s Degree?

We have been getting a number of inquiries of late where purchasing professionals will say something similar to this: “Someone told me that I can’t get a purchasing certification without a bachelors degree.” That is simply not true. Purchasing professionals without bachelors degrees – who represent approximately 30% of all purchasing professionals – can indeed earn a purchasing certification. Specifically,…

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Should Obama Encourage “Fuel-Conscious Sourcing?”

As President Obama gets through his first week in his new job, his focus is clearly on defibrillating the economy and addressing other national security issues. But during his campaign, as gas prices were more than double what they are now, energy independence was a major concern of his. I suspect that we haven’t heard the end of his energy…

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Whitepaper Wednesday – Purchasing Careers & Skills

Welcome to this week’s installment of Whitepaper Wednesday on the Purchasing Certification Blog. In this installment, I’ll be reviewing a whitepaper entitled “The 2009 Purchasing & Supply Management Career & Skills Report” from Next Level Purchasing. This whitepaper shares statistics collected from a very recent survey of over 1,900 purchasing and supply management professionals. Topics covered include: Most advanced accomplishments…

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Will Obama’s Inauguration Change Supplier Diversity?

I’m excited. Today, Barack Obama becomes the new president of the United States of America at a time when we need leadership out of many challenging situations. One of the often discussed topics about today’s long anticipated inauguration is the fact that Obama will be the first African-American president. In my opinion, this is a moment like no other that…

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Peanut Butter, Salmonella & Global Sourcing Implications

A few days ago, US Federal health officials issued a warning for people to avoid eating foods containing peanut butter in the wake of a salmonella outbreak that has sickened nearly 500 people and killed a half dozen. The source of the salmonella contamination? A “relatively small supplier” based in Georgia. What would things have been like if the source…

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Cost Savings vs. Keeping A Supplier In Business

For those of you who need one, a bad economy is a great excuse to beginning procurement negotiations with your suppliers. But a bad economy also means that some financially weaker suppliers may be on the brink of going out of business. So do you negotiate with these suppliers to support your cost savings goal? Or do you let them…

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