Archive for February, 2010

Purchasing Magazine’s Take On The Latest Technology, Part 2

Yesterday, I posted a mini-review of Purchasing Magazine’s latest cover story, “Purchasing 3.0.” In that review, I shared my encouragement that, after 10 years of Next Level Purchasing carrying the torch, purchasing professionals were finally embracing project management technology as a means of improving purchasing performance. Today, I simply wanted to point out Purchasing’s inclusion in the article of “Five…

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Purchasing Magazine’s Take On The Latest Technology, Part 1

Purchasing Magazine this month published a cover article entitled “Purchasing 3.0” which discussed how today’s purchasing professionals are utilizing technology to be more effective. This article is thought provoking on several levels. I’ll be posting a two-part series on some of the positive points that I found in the article. I also encourage you to check out Michael Lamoureux’s scathing…

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Whitepaper Wednesday – Supply Chain Design

Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. Today, I’ll be reviewing a whitepaper entitled “Supply Chain Design: Optimizing Your Supply Chain for Bottom-Line Results” from Fortna and Purchasing Magazine. Some whitepapers give solutions. Others simply give you things to think about. This whitepaper falls into the latter category. Some of those “things to…

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Payment Terms & Their Effect On Your Vendors

I hope that you have enjoyed the article “Revisiting Vendor Payment Terms: It’s Time!“ I was inspired to write this article because I see a lot of procurement departments unilaterally changing their payment terms with their vendors. Some are doing this because they need to hold onto their cash longer or else they will become victims of the recession and…

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Procurement Compliance Problems? Try This Time-Tested Tool

I’m not sure why it is, but people generally hate to fill out forms. They hate it so badly, that they would rather follow a corporate policy that they don’t like than fill out a form. An internal customer wants to buy an item from a supplier other than the contracted supplier of that item? Fill out a form. An…

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Is A State of Emergency A License For Bad Purchasing?

We have been hammered with snow here in Pittsburgh – 40 inches in about 12 days with no thaw – which has caused all kinds of problems. Actually, I am typing this right now from my home because my roof is leaking in three different places and I am afraid to leave the house. The problems with this snow have…

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Whitepaper Wednesday – Taking Control of Supplier Shipments

Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. Today, I’ll be reviewing a whitepaper entitled “Identifying Opportunities With Your Inbound Transportation” from C. H. Robinson Worldwide Inc. and Purchasing Magazine. I admit to being attracted to the topic of this whitepaper because assessing cost savings opportunities for inbound freight was a goal when I…

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Reverse Auctions on the Cheap

Yesterday, a guest blogger on Spend Matters posted a step-by-step method for conducting a electronic reverse auction – actually, I would consider it more of an online negotiation – without buying any new software. This individual described how he had suppliers set up chat accounts, had suppliers submit bids via a private chat session with him, and manually used chat…

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Is The Age Old Argument In Purchasing Going To Be Resurfacing Again?

For as long as I can remember, there have been debates about what the purchasing profession should be called. Is it purchasing? Procurement? Supply management? Supply chain management? Acquisition? Spend management? Sourcing? Yada, yada, yada. Signs are that this debate may heat up again. Spend Matters reported that “Ariba appears to have moved entirely away from its ‘Spend Management’ positioning…

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If You Think The Procurement Certification Space Hasn’t Changed Much Since 2003, You’re Pretty Much Clueless

As you probably know, the phrase “his/her head is buried in the sand” means that someone is clueless to the environment around them. Though the ostrich is blamed for being the clueless animal who inspired this phrase, from what I’ve read online, it appears that ostriches burying their heads in the sand is a myth. I think that the real…

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