Archive for November, 2008

The Last Economic Stimulus: What Did We Learn?

Back in March, I pondered whether the economic stimulus rebate checks would have any effect on inflation. It appears that they did. Don’t miss updates on Procurement & Supply Chain, Subscribe here! The inflationary correlation seemed particularly true with regard to gas prices. Stimulus checks were distributed during the period May 2 to July 11, 2008. Look what happened to…

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Whitepaper Wednesday – Recession-Proofing A Business

Welcome to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. In today’s installment, I’ll be reviewing a whitepaper entitled “10 Secret Strategies To Recession-Proof Your Business” from Coupa. Don’t miss updates on Procurement & Supply Chain, Subscribe here! While this whitepaper is geared towards company executives, there are some good nuggets for procurement professionals, though not all…

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Supplier Partnerships Mean You Have To Contribute Too!

I hope that you have enjoyed the article “Supplier Partnerships: Your End of the Deal.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! In the article, I shared four common supplier goals and how helping your supplier achieve them will result in more cooperation from your supplier towards achieving your goals. I wanted to elaborate further on those…

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Educational Videos For Purchasing Professionals Hit The Web

If you’re a regular reader of this blog, you know that I like to post a vlog (video blog) from time to time. Well, all of these educational vlogs plus SPSM® Certification Success Story Videos, the PurchSearch demo, and more are now collected on the newly-launched Purchasing Certification Channel on YouTube. Don’t miss updates on Procurement & Supply Chain, Subscribe…

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The Great Debate About Commodity Price Strategies

I sat in on an interesting presentation on Tuesday when Christopher Stockwell, VP of Procurement at Heinz North America, spoke about Heinz’s supply risk strategies. The portion of Stockwell’s presentation that I found most thought-provoking was his philosophies on handling commodity pricing in a volatile market. Don’t miss updates on Procurement & Supply Chain, Subscribe here! There are two primary…

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How Purchasing Training Just Got More Fun!

This week, we announced one of several innovations and improvements that we are launching this quarter: the addition of multimedia mid-term games to our online purchasing training classes! Don’t miss updates on Procurement & Supply Chain, Subscribe here! While you may not expect to find purchasing-related questions on popular game shows like “Who Wants To Be A Millionaire” and “Jeopardy,”…

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Whitepaper Wednesday – CFO’s View of Procurement

Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. Today, I’ll be reviewing an Aberdeen whitepaper entitled “The CFO’s View of Procurement: Same Page, Different Language,” available from Zycus. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Contrary to many whitepapers I’ve reviewed, this is one that I found interesting right away. Early…

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The Recession & Supplier Stratification

Earlier this year, I did a podcast with Michael Massetti, the VP of Procurement and Quality at Tekelec, as well as an article, both entitled “Skillfully Managing Supplier Relationships.” During the podcast, we discussed the concept of supplier stratification. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Massetti revealed that he stratifies his supply base into three tiers:…

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Source One Becomes Newest Sponsor of the Purchasing Certification Blog

Source One Management Services, LLC has become the newest sponsor of the Purchasing Certification Blog under our new sponsorship arrangement. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Source One is a company that has fascinated me for some time now. They have their hands in a lot of different activities and I’m hearing and seeing their name…

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Procurement Discussions Pick Up On LinkedIn SPSM Group

For those of you who haven’t checked in recently, the SPSM Group on LinkedIn has been gradually picking up in terms of activity. There have been many discussions started and some interesting opinions and advice shared. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Here are just some of the questions/topics that have started discussions: What are the…

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