It has been decades since top-notch procurement has been recognized as a means of ensuring an uninterrupted supply of high quality goods and services, from responsive and responsible suppliers, at the minimum total cost of ownership. Cost minimization, if you will. Don’t miss updates on Procurement & Supply Chain, Subscribe here! As procurement departments approached excellence in their cost minimization…
Seems that the top headline on every newspaper and news website this month has been related to “The Fiscal Cliff” in the USA – a December 31, 2012 deadline upon which, absent a budget agreement by the party-divided US Congress – automatic spending cuts and tax increases will go into effect, sending the US economy into yet another recession. Once…
Proper supply chain approaches have been actively pursued by companies looking for lower costs and improved service levels. However, obtaining this ultimate prize is not easy and can never be fully gained by those companies who choose to remain with the power based “winner takes all” supply chain approaches that use an adversarial pursuit of “value for me alone.” Don’t…
Don’t miss updates on Procurement & Supply Chain, Subscribe here! Are supplier salespeople circumventing your procurement processes in order to maximize their profits? If so, they are doing so at the expense of your organization. As a procurement professional, it is your job to put a stop to that supplier behavior, called “backdoor selling.” Supplier salespeople are often so skilled…
I hope that you have enjoyed the article “True Procurement Transformations, Part I.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! As I wrote in the article, procurement transformation “means different things to different people” and I proceeded to list things that will change in a “true” procurement transformation. What I didn’t do was contrast what a procurement…
I hope that you have enjoyed the article “Surprise Supplier Audits: Pros, Cons, Ideas.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! In the article, I’ve provided some ideas about how to best implement surprise supplier audits. I am using this additional space to share even more ideas on the topic. So here you go: The concept of…