Archive for March, 2015

With Supply Chain Social Responsibility, Waiting Will Only Make It Tougher

I hope that you enjoyed the article “Big Supply Chains, Big Social Responsibility.” One of the dangers about writing about the supply chain practices of big companies like Microsoft, Levi Strauss & Co., and American Airlines is that supply chain professionals from smaller companies may think, “Ah, those things are for the big guys.  I don’t have to do that…

Read more

PeopleSoft eProcurement 9.2

According to their press release, Oracle’s PeopleSoft eProcurement 9.2, “will allow your requesters and your procurement department to be more productive and effective”.  Now while that is a pretty basic statement, we decided to take a quick look at eProcurement 9.2 to find out what it had to offer. eProcurement 9.2 has a functionality implemented called Transparent Punchout, which allows…

Read more

Want To Transform Procurement? Build A Case!

You:  “Hi, boss.  I want to transform my procurement department.” CEO:  “Go right ahead!” You:  “But I’ll need some budget to upgrade people, processes, and technology.” CEO:  “You can have whatever money you want.” You:  “I’ll also need the cooperation of other departments.” CEO:  “I’ll tell all department heads to drop whatever they are doing to support you.” You:  “Don’t…

Read more

Sweet 16 Procurement Tips (Especially #6)

Welcome back!  After a thrilling round of March Madness: 64 Slam Dunk Procurement Tips, we are down to our Sweet 16 procurement tips from our global purchasing experts.  The competition is getting tougher (especially #6), so let’s get started! Collaborative Procurement 1.  The ideal sourcing situation for an organization happens when a cross-functional team collaborates on all aspects of a sourcing…

Read more

Why 2015 Could Be The Year for Marketing and Procurement Team-Ups – Part II

Let’s face it: Marketing and Procurement teams don’t always see eye-to-eye. Both teams have a different set of goals and measure success using different KPIs. But does this have to be the case? Last month, we took a look at a few indicators that suggest the divide may not be as wide as it once was – with a few…

Read more

Proof That Government Procurement Reform Is Politicians’ Undiscovered Supertool

Last Summer, I gave a presentation to an association of regional government purchasers. I always get nervous when I speak to government purchasers.  There always seems to be two types of government purchasers: Those that acknowledge that government purchasing is behind private sector purchasing and want to apply private sector purchasing best practices to their work in order to catch…

Read more

Purchasing & Supply Management Salaries in 2015 – A Free NLPA Webinar on March 31

One of the most popular pieces of annual procurement research is back for its fifth year: The NLPA’s “Purchasing & Supply Management Salaries in 2015” report and webinar! By attending this webinar, you will be the first to learn of some very revealing statistics about purchasing and supply management salaries. Are they going up? In what industry do procurement and…

Read more

March Madness: 64 Slam Dunk Procurement Tips!

Hot on the heels of March Madness, we polled expert procurement professionals from around the globe as to the best slam dunk purchasing advice they can offer.  Over the next several weeks, we will feature 64 procurement tips including the “Sweet 16” and “Final 4” where we declare our National Champion of purchasing advice!  Let’s tip off: Pay attention to…

Read more

Changing Your Buyers’ Titles: A Procurement War Story

I recently had an inquiry from a procurement leader at a client’s organization.  She was tasked with standardizing the titles of procurement team members from two organizations that were merging into one. So, what’s better:  Buyer I/Buyer II/Buyer III or Purchasing Agent/Senior Purchasing Agent? If there’s one thing that is true about our profession, is that we have very few…

Read more

b-pack Backs Purchase-to-Pay Rank

Founded in 2000 in France, b-pack is a global leader in the purchase-to-pay (P2P) realm serving over 100 global customers in industries including financial services, CPG, manufacturing, business services,  energy, media, pharmaceuticals, and government.  Customers of b-pack include Sony Music, McDonald’s, Dannon and Buccaneer Energy.  b-pack has been recognized by Gartner as a magic quadrant Top 5 eProcurement vendor. b-pack…

Read more