Archive for October, 2010

A Correlation Between Failed Employees & Inadequate Training?

A weekly article that I never fail to miss is “The American Entrepreneur” by Ron Morris. I have always found his articles so “real world” that, if I don’t already relate to the situations described, I feel that I better pay attention because I likely will in the future. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Ron’s…

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Supplier Financial Health Evaluation: How To Avoid An “Epic Fail!”

Ever since launching our online two-course series “Finance For Strategic Procurement,” I’ve had many practitioners approach me about the topic and its importance in today’s modern procurement world. This week, I separately met with executives at two totally unrelated companies who learned from me that they were making the same mistake. Don’t miss updates on Procurement & Supply Chain, Subscribe…

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What Products & Services Are Going To Cost More Soon?

Although it was aimed at consumers, Comcast featured a slideshow on their site entitled “8 Things You’ll Be Paying More For Soon” that contained some concepts applicable to corporate procurement as well. For example, though most of you may not be placing purchase orders for basketball tickets, categories like airline travel, health insurance, and cotton products (e.g., uniforms) are certainly…

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Procurement-Finance Collaboration

I hope that you have enjoyed the article “How Procurement & Finance Can Collaborate.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! One of the keys to facilitating good procurement-finance collaboration is to “speak the same language” – using the same terms to describe finance-related things. I always reference the use of “cost avoidance” as an example to…

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Investment Flows To Supply Chain Technology Vendors: Who’s Next?

Wow. On this first day of October, I reflect on September and am a little amazed by the changes in ownership at some of the supply chain technology vendors in the last month. Don’t miss updates on Procurement & Supply Chain, Subscribe here! In case you missed it, here is a quick synopsis of a few deals that happened in…

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