Archive for December, 2006

eProcurement Is Still Newsworthy?

Yesterday, the Pittsburgh Post-Gazette ran a large article on the front page of its business section that described how UPMC just implemented eProcurement. Don’t miss updates on Procurement & Supply Chain, Subscribe here! If you’re like me, your first thought was “Uh, and that’s news in THIS MILLENIUM?” I mean, after all, implementing an eProcurement system in 2006 is not…

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Purchasing and Inventory Management

I hope that you have enjoyed the article “Purchasing & Inventory Management Hook Up!” As promised in that article, here’s the EOQ formula: Where: Don’t miss updates on Procurement & Supply Chain, Subscribe here! EOQ = Economic Order Quantity ACPO = Acquisition Costs Per Order AUU = Annual Usage in Units UC = Unit Cost CCP = Carrying Cost Percentage…

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What Does Diddy Have To Do With Purchasing?

The increasing visibility of social responsibility in purchasing is becoming more and more evident in the eyes of the public. This article demonstrates department stores’ insufficient purchasing research when deciding to stock a line of dog-fur coats marketed by Sean “Diddy” Combs’ company. Don’t miss updates on Procurement & Supply Chain, Subscribe here! The ethical treatment of animals is definitely…

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To Whom Should Purchasing Report?

Like the question that led up to the article “What Is Supply Chain Management, Anyway?“, I have commonly gotten questions like “To whom should Purchasing report?” Don’t miss updates on Procurement & Supply Chain, Subscribe here! My answer: it depends. To whom the purchasing function reports to can be different from company to company, and that’s OK. To simplify it,…

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Articles For Re-Publishing

Occasionally, I get asked if my articles can be reprint or republished. As a general rule, I review each request on a case-by-case basis. Don’t miss updates on Procurement & Supply Chain, Subscribe here! However, I do have several articles available for re-publishing for free through The Phantom Writers. Republishing is subject to their terms, but they’re pretty easy to…

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Is The Procurement Blogosphere Shrinking?

A recent report by Gartner predicts that blogging has just about reached its peak, suggesting that there is a point in time where the non-serious will get bored and move on. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Are we seeing this in the procurement blogosphere? Well, as Spend Matters, Sourcing Innovation, and Supply Excellence continue to…

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Savings Strategy Development Reviewed

Michael Lamoureux over at the Sourcing Innovation Blog recently reviewed Savings Strategy Development. You can check out his reviews here and here. Don’t miss updates on Procurement & Supply Chain, Subscribe here! One thing that Michael does is evaluate whether the class is “worth it.” In addition to his objective insights, I’ll add one other way that our online purchasing…

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CPO’s & The Talent Search

A hot topic of late is the fact that CPO’s (Chief Procurement Officers) are vigorously competing for top talent to staff their procurement operations. A couple of resources worth checking out include this post over at Supply Excellence and Purchasing Magazine’s “Top CPO’s” feature. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Personally, I think that there is…

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What Is Supply Chain Management?

I hope that you have enjoyed the article “What Is Supply Chain Management, Anyway?“ Don’t miss updates on Procurement & Supply Chain, Subscribe here! With all of the names that are given to the purchasing function, it is no surprise that people are confused. While most of these names (e.g., purchasing, procurement, supply management, etc.), in my opinion, refer to…

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Our Annual Purchasing Survey

Here’s the invitation from an email we sent to our subscribers today… Don’t miss updates on Procurement & Supply Chain, Subscribe here! The next edition of PurchTips won’t arrive in your inbox until next Tuesday. But that doesn’t mean that you can’t learn something valuable before then! Here’s an opportunity for you to get a FREE copy of a powerful…

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