Archive for August, 2007

Sarbanes-Oxley (SOX) and Purchasing

Tuesday’s Purchtips alluded to the Sarbanes-Oxley Act (SOX). For those unfamiliar with this law, SOX applies to publicly-held companies who are now required to have “financial controls” in place, some of which involve procurement. A somewhat dated, but still relevant. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Because this law is still relatively new, new processes and…

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Purchasing Buzzwords

I hope that you have enjoyed the article “2007’s Purchasing Buzzwords.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! I know that some people associate buzzwords with short-lived trends. And in many cases, this association is applicable. But I feel the need to say that this association is not always appropriate and is especially inappropriate for this article.…

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More Kudos For Kimball

Mary Walker recently included an entry on her blog further expanding on Purchasing Magazine’s article about Kimball International’s procurement transformation. You can check it out here. Don’t miss updates on Procurement & Supply Chain, Subscribe here!

Invest In Your People – There Is ROI!

I just saw an interesting article in Supply & Demand Chain Executive’s newsletter where the Hackett Group determined the measurable benefit of having a good “talent management” program in place. The article says that these are the four are of talent management: strategic workforce planning, which involves identifying the skills critical to a company’s operation and how those needs match…

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Assorted News Involving Purchasing

The low-cost country sourcing backlash is sure to continue on this news that Fisher-Price is recalling 1 million toys due to lead paint used by a Chinese supplier. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Services supplier selection by small businesses isn’t necessarily a mainstream news topic, but yesterday’s Pittsburgh Post-Gazette included a thoughtful piece on how…

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Quantifying Purchasing Job Growth

Wow. In the past week, there has been a flurry of blogging activity between the Purchasing Certification Blog, Sourcing Innovation, Supply Excellence, and Spend Matters on the topic of the BLS report about the growth rate of purchasing jobs. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Other than yours truly, all of the editors of the aforementioned…

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