Archive for October, 2015

New Whitepaper on Procurement Talent Management

Want to know all the details behind world-class procurement talent management? Simply download the Next Level Purchasing Association’s new whitepaper, “Procurement Talent Management: How To Recruit, Train & Retain a Modern & Awesome Buying Team.” You’ll learn the two current approaches to procurement recruiting, how to use the SPSM-BOK® Mastery Model to plan procurement training, and five powerful retention techniques.…

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New Video Explaining Recertification: You Earned Your Procurement Certification, Now Keep It!

Earning the prestigious SPSM Certification is one of the most impressive achievements possible for a procurement professional.  It takes time, effort, and intellectual horsepower to achieve the designation that will put you among the elite in the field. So, after expending the resources necessary to earn the SPSM, wouldn’t it be a shame to lose it? Of course it would.…

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How To (Properly) Buy In China

Special thanks to Source One Management Services for this guest post At first sight, buying in China might seem ideal: low labor cost makes product cheaper than when manufactured in occidental factories, inducing a direct margin increase for the OEM or distributor selling in the USA. Yes, theoretically, when purely looking at numbers on papers, China appears to be the…

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Contract Management Webinar From The NLPA On Wednesday

On this coming Wednesday, October 28, 2015, don’t miss the Next Level Purchasing Association webinar, “Why Contract Management Matters and 5 Tips to Quickly Improve.” This webinar will discuss the importance of contract management and why procurement is in the best position to take ownership; managing risk, opportunity, and compliance. We will then examine how cloud based contract platforms aid…

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10 Things to Know When it Comes to Telecom Contract Renewal

Special thanks to Source One Management Services for this guest post. One of the biggest decisions for a business revolves around their telecom services contract renewal. There are countless questions to be asked such as: Should I upgrade my services? What are my options? When does my contract expire? How much will this cost? Will there be any savings? And,…

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Examples of “Intangible Services” & Their Degree of Procurement Risk

I hope that you enjoyed the article, “How To Manage Service Procurement Risk.” In the article, I referred to “intangible services,” which I defined as “work whose quality you can’t experience prior to performance.”  Here are some examples of intangible services: Advertising services – Just because an ad agency created an effective TV, radio, or print ad for another client…

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Out of The Box Ideas: Could Amazon’s Flex Program Control Rising Costs?

In a world where consumers want their online purchases pretty much the moment they hit “confirm order,” Amazon is launching a new delivery program, Flex.  This new delivery process will use any Average Joe with a car and a drivers license to deliver your Amazon purchases. Let’s face it, we’ve all become pretty accustomed to free shipping. But that free…

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