All posts in News

Is a 2,000-Employee Supplier Brawl a Supply Risk You’ve Identified?

Supply risk management is all about identifying all of the things that can go wrong in the supply chain and coming up with a plan to ensure that operations aren’t disrupted in the event that one of the things that can go wrong, does.  Great supply risk management is when you can recover when something goes wrong in the supply…

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Animal-Friendly Purchasing Spreads Like Wildfire In The Food Industry; Which Industry Is Next?

In my October 2, 2007 article, “Purchasing, Social Responsibility & Animals,” I predicted that animal-friendly purchasing “will escalate soon” and that we would be seeing “edicts to adopt animal-friendly purchasing practices.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! Well, while “soon” wasn’t as soon as I would have thought, the time that I foresaw has finally come. …

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Purchasing Report Is Out! Negotiation No Longer The Most Important Purchasing Skill!

Negotiation is no longer the most important skill for purchasing professionals, at least not according to an annual survey conducted by the Next Level Purchasing Association (NLPA) of over 2,500 global purchasing professionals. The survey, conducted in January 2012, asked participants to identify the most important skill in purchasing and supply management; Sourcing & Supplier Selection placed first. Negotiation, which…

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Myth: Learning Inventory Management Is Painful

Bad inventory decisions can kill an organization’s profitability, whittle away at its market share, and generally wreak havoc on the supply chain. Unfortunately, most supply chain professionals are operating on informally-learned tactics and exposing their organizations to disastrous supply chain and financial consequences. Today, Next Level Purchasing launches its newest full-length online course, “Profitable Inventory Management and Control,” which teaches…

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Animal-Friendly Purchasing Goes Viral

In a blog post from almost four years ago to the day, I asked the question “Is animal-friendly purchasing the future?“ Don’t miss updates on Procurement & Supply Chain, Subscribe here! Today, I think the answer is clearly “yes.” During the broadcast of Sunday’s Grammy Awards, Chipotle Mexican Grill has produced a video that has since crossed the 5 million…

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New Procurement Book Revolutionizes Learning For Supply Chain Leaders

While many of the procurement books out there are dry and often snooze-inducing, an exciting, new book released today has finally made learning how to implement procurement best practices fun. Next Level Purchasing founder Charles Dominick, SPSM, SPSM2 and Dr. Soheila Lunney, SPSM, have co-authored “The Procurement Game Plan: Winning Strategies and Techniques for Supply Management Professionals” – a fresh,…

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The New iPhone 4S: Make Or Buy Wasn’t Strategic Enough For Apple

Yesterday, Apple unveiled its new iPhone: the iPhone 4S. While it had a few upgrades from the previous version that seemed to disappoint analysts and investors, the hot new feature of this iPhone is the voice command technology, called Siri. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Siri is the name of the voice command software firm…

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Supplier Diversity: Underrated As A Way For Procurement To Be Viewed As Strategic?

Last night as I was watching a few minutes of TV, I was shocked at what I had just seen cross my screen. It was one of those moments where you just blink your eyes a few times and wonder if you really saw what you think you just saw. Don’t miss updates on Procurement & Supply Chain, Subscribe here!…

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Social Networks in Procurement

A couple of announcements from companies we’ve worked with have come across my inbox lately. And the common thread in these announcements is social networking in procurement. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Social networks in general are certainly not a new concept. And with mixed reviews about the recently-launched Google+ – ranging from “it will…

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Is What’s Good For Procurement Bad For The Economy?

Yesterday, the stock market took an ugly hit. The Dow Jones Industrial Average dropped by the biggest amount since the financial meltdown three years ago. This drop followed smaller drops in prior days that were at least partially influenced by lower-than-previous-month numbers in ISM’s economic indexes. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Earlier this week, the…

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