Last 5 posts from each of the top Purchasing blogs
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Friday Rant: Technology and Personal Communicatio ...
13 hours ago
Okay, you're probably not in this week's WSJ listing of the 25 highest paid CEOs whose median compensation range is in the $500 millions. But based on a 60-80 hour work week -- all in -- you don't need to earn $2,500/minute for you and your team's ti...
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Guest Friday Rant: On Losing Perspective +amp; Res ...
19 hours ago
This guest rant today is a contribution from an individual who is deeply involved in the procurement industry. The second installment, next week, will be a follow-up examining additional supplier/vendor management issues involving this situation, bas...
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Friday Rant: What Private Equity Does Right in Pro ...
1 day ago
In the past on Spend Matters, I've explored the topic of how and why private equity firms are becoming involved with procurement -- not just in their portfolio companies, but also with investments, looking at cost savings potential even in the due di...
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Medical Care: When Cost Consciousness Curtails Con ...
1 day ago
A free good', in economics parlance, generally describes a good that is available in as great a quantity as desired without impeding its availability to others and at no cost to society or the consumer. That many in the U.S. have historically treat...
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Stepping on Supply Risk: Is China Dumping an Infer ...
1 day ago
Even though I have historically been conservative in my views on anti-dumping cases -- I think the burden of proof must lie entirely with those filing the complaints -- a recent case in the steel industry, is (so sorry for the pun), grating on me....
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Strategy and Innovation Start with Real Analysis
17 hours ago
by the doctor
There are two topics this blog always comes back to -- decision optimization and spend analysis, and there's a reason for that. Not only do they both reduce costs more on average than any other technology this blog covers (an average of 12% in the first case and 11% in the second case), but they also improve the quality of decisions, often substantially. A recent blog post over on the Harvard Business Review on how to chart a course in strategy and innovation conflicts did a great job of putti ...
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A Hitchhiker's Guide to e-Procurement: Invoices, P ...
23 hours ago
by the doctor
Mostly Harmless, Part X Previous Post A (sales) invoice is a commercial document issued by a seller to a buyer that indicates the products, quantities, and prices for products and services the seller has provided to the buyer. An invoice indicates that the buyer must pay the seller according to payment terms. While the purchase order is the most important document to the buyer, as it outlines what the buyer is willing to buy (and at what price), an invoice is the most important document to the ...
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It's Not Lean If You Haven't Engaged the Maintenan ...
1 day ago
by the doctor
Industry Week recently ran a great article on how Culture Counts and how maintenance is deeply involved in any true lean initiative. Fundamentally, lean is about finding and removing waste -- and who knows more about waste than anyone else in the organization? The people who watch it go down the drain. The people who watch it get hauled away. The people who shovel it into the incinerator. In essence, the maintenance department. A true lean initiative never reduces headcount in the maintenan ...
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B2B Connex: Automating the End-to-End Purchasing P ...
1 day ago
by the doctor
When we introduced you to B2B Connex last December, we told you about their e-Document Management Solution for Small & Mid-Size Manufacturers that is a great fit for all types of small and mid-size manufacturing organizations that need simple e-Sourcing and e-Procurement functionality at a low price tag (which starts as low as $30,000 / year, plus 20% annual maintenance for a small operation, and isn't much more than $100,000 a year for a mid-sized operation). Designed to fill the niche in ...
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Where Are The Extreme Supporters?
2 days ago
by the doctor
A recent Vision Statement in the Harvard Business Review on why a business should Behold the Extreme Consumers, the 5% of customers so infatuated with the brand that they spend more than 10% of their lifetime income on it that many brand managers fear, had some impressive statistics: 100% personally identify with and say they gain meaning from a favourite brand 98% have defended the brand against perceived attacks in the media or from other firms or individuals 96% ...
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Chip supplies constrain Motorola Droid Sales
17 hours ago
by dave
Motorola Inc. reported surging sales of smart phones in the second quarter, but co-CEO Sanjay Jha, head of the phone division, said it is hampered by short supplies of chips.
An analyst asked him to explain how this affects its latest smart phone, the Droid X, which went on sale through Verizon Wireless two weeks ago.
read [...]
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Time to scrap BP brand?
17 hours ago
by dave
BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of its effort to repair the company’s badly damaged reputation.
read more
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$1.4m Contest to crowd source oil clean up solutio ...
1 day ago
by dave
A US foundation that helped launch private spaceflight Thursday turned its gaze and pocketbook towards Earth, unveiling a 1.4-million-dollar contest to find new ways to clean up oil spills.
read more
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Pinnacle Entertainment centralizes procurement to ...
1 day ago
by dave
Casino operator Pinnacle Entertainment reported second quarter operating results for the three months ended June 30, 2010 in which it states it plans for centralizing all procurement activities, to further operating margin improvements.
read more
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Rolls-Royce seeking to develop Thai supply chain
1 day ago
by dave
Rolls-Royce aims to grow its supply chain tremendously in Southeast Asia, with Thailand, where it has been doing business for 21 years, as a focus.
“We are going to be making large engines in Singapore and it makes absolute sense to have a supply chain in the region that can feed that facility. Thailand has demonstrated [...]
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A Glut or Shortage of Lithium Ion Battery Capacity ...
15 hours ago
by Bob Ferrari
A rather short news item caught my eye this week. The Captain Hybrid blog featured on designnews.com takes issue with financial media reports indicating that there may be constraints in the supply of lithium powered batteries to displace gasoline-powered vehicles. Rather, the posting notes quantitative research indicating that there may well be an oversupply of [...]
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Boeing CEO Admits Dependence on Supply Chain
15 hours ago
by Bob Ferrari
Once again, its time for another supply chain related announcement associated with Boeing, but this one should be viewed somewhat as positive in nature The Twitter #supplychain forum was actively re-tweeting articles summarizing the latest remarks from Boeing CEO Jim McNerney, who specifically cited concerns related to supply chain as potentially hampering Boeing’s ability to [...]
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A Rash of Industrial Accidents and Environmental I ...
20 hours ago
by Bob Ferrari
If you have not had the time to notice, there has been a rash of industrial related accidents occurring in China and the U.S., and one has to wonder whether these individual accidents will lead to further ecological impacts and/or supply chain disruptions. As we have previously commented on Supply Chain Matters, one has to [...]
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An Economically Strong U.S. Economy Needs a Viable ...
2 days ago
by Bob Ferrari
Finally, the U.S. electorate and potentially the U.S. Congress have awakened to the fact that Manufacturing is the foundation of a growing economy, but is it too late?
An article featured in CNNMoney.com notes that a political poll conducted in the spring of 2010 found “deep popular angst with the decline of America’s manufacturing might.”
Nearly four [...]
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The Challenge of Global Branding among Chinese Bra ...
2 days ago
by Bob Ferrari
I came across a Wall Street Journal article, Chinese Firm Meets Global Branding. This article outlines the market strategies of Chinese firm Changzhou Asian Endergonic Electronic Technology Co., or its English brand, Züuma (pronounced zoo-ma), a name created by its U.S. partners. This firm manufactures the portable dashboard mounts that house many of our portable [...]
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Delhaize America Announces Sustainable Seafood Pro ...
19 hours ago
by Tim Albinson
Following similar news from other grocery retailers such as Walmart Canada and Metro, Delhaize America has announced last week that all of its supermarkets are now part of a new sustainable seafood program.
The new comprehensive seafood policy –which applies to all supermarkets in the chain, including Hannaford, Sweetbay, the Food Lion family of banners and [...]
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Walmart Working With Suppliers to Use RFID Tags on ...
1 day ago
by Tim Albinson
In an effort to improve inventory accuracy and on-shelf availability, Walmart has reinvigorated its EPC radio frequency identification (RFID) program, this time focusing on specific men’s apparel (jeans, socks, undershirts and underwear).
Walmart has been working with suppliers of denim products and men’s basics for the past eight months to develop a process that enables suppliers [...]
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General Mills Announces Its First Solar Powered Fa ...
2 days ago
by Tim Albinson
General Mills has completed installation of solar panels at its facility in Methuen, Massachusetts, and the company says it now expects solar energy to supply nearly 80 percent of the warehouse’s summertime power needs, and 40 percent of its needs the rest of the year.
This is the first General Mills facility in the US to [...]
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GSA Wants Government Vendors to Track GHG Emission ...
3 days ago
by Tim Albinson
The General Services Administration (GSA) wants government contractors to track their greenhouse gas emissions or risk losing out on new contracts, according to a recent article at FederalTimes.com .
Under the GSA’s plan, vendors that create an inventory of their overall greenhouse gas emissions will get preferential treatment when bidding on contracts. In addition, companies would [...]
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Countries Cooperate on Global Energy Efficiency Ch ...
4 days ago
by Tim Albinson
Officials from 24 governments met in Washington, D.C. last week for the first-ever Clean Energy Ministerial, and they launched 11 initiatives to accelerate the global transition to clean energy.
In broad terms, these initiatives will:
avoid the need to build more than 500 mid-sized power plants in the next 20 years,
promote the rapid deployment of electric vehicles,
support [...]
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Sustainability - bringing functions closer
2 days ago
by Steve Hall
CPOs often hear of how sustainability can impact the top and bottom line, and its an important message, but perhaps more should be made of what it means as a tool for greater internal alignment. For procurement this is something of a circular problem, but one they shouldn’t ignore.
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Bank of England report to fast track supply chain ...
3 days ago
by David Rae
By now we all know about the challenges faced by many companies in finding credit in what has been a largely illiquid market environment - especially true for smaller suppliers to large corporates. Banks have not been lending and the global economy has suffered as a result.
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Reasons to be worried about the long term
4 days ago
by Steve Hall
You can understand why US airlines might be pleased to finally see legislation try and curve the oil manipulation, the kind that has consistently undermined their ability to forecast and build long term plans. But this is just one fraction of the uncertainty facing buyers at the moment.
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You say CSR, I say...
7 days ago
by Steve Hall
Corporate Social Responsibility (capitalised or not) is one of the first things procurement executives will tell you they’re eager to get right. This morning I met the CPO of major American airline and it was one of the first things he flagged up as an issue on his mind, right after cost savings. But what he said next got me thinking – are we all necessarily talking about the same thing?
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Aerospace turns its attention to supply chain
8 days ago
by Steve Hall
A couple of days ago I spoke with Janice Davis, CPO of Bombardier Aerospace, one of the world’s largest aircraft manufacturers, and she noted that: “We need to privilege the quality and depth of the relationship with fewer, more strategic suppliers”. In the UK, this week features the Farnborough Airshow and with it, plenty of similar talk of how aircraft manufacturers are planning to make big changes in their supply chains.
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Whitepaper Wednesday - The Bottom Line Impact of S ...
> 10 days ago
by Charles Dominick, SPSM
Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. This week, I’ll be reviewing a whitepaper entitled “Reaching Sourcing Excellence, Part 3: Sourcing Skills Go Straight to the Bottom Line” from AMR Research and Ariba.The point of this whitepaper can be summarized quite easily: the higher the skills of the sourcing team, the more profit they will generate for an organization. The whitepaper presents some interesting research findings that ...
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Increasing The Scope of Purchasing
> 10 days ago
by Charles Dominick, SPSM
I hope that you have enjoyed the article How To Increase The Scope of Purchasing. Increasing the spend under the management of the purchasing department should be every purchasing executive's goal. Getting senior management to agree to such an expansion isn't always easy.The points in the article give a great way to start the conversation. But you also have to be realistic about what will come next.Yes, those points alone may get you exactly what you want. If you feel that the culture of your o ...
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April 2010's Dedicated Purchasing Student of the M ...
> 10 days ago
by Charles Dominick, SPSM
Next Level Purchasing would like to congratulate Dave Foster, April 2010's Dedicated Purchasing Student of the Month!Dave, a General Manager of Purchasing from Knoxville, Tennessee, USA, completed all six courses in the Senior Professional in Supply Management® Program during the month of March 2010! Dave also passed the SPSM® Certification exam in that same month! He was officially awarded the SPSM® Certification yesterday.Dave enjoyed his learning experience and says I particularly enjoyed ...
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Whitepaper Wednesday - Restructuring A +quot;Too B ...
> 10 days ago
by Charles Dominick, SPSM
Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. This week, I'll be discussing a whitepaper entitled Separating A Procurement Department Into Tactical & Strategic Teams: Is It Right For Your Organization? from Next Level Purchasing.If I've heard it once, I have heard it a thousand times over my nearly two decades in procurement: We can't get things done! We have an insanely busy procurement department! Historically, this has always ...
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Supplier Diversity KPI's: A Place To Start
> 10 days ago
by Charles Dominick, SPSM
The United States Small Business Administration has recently announced a new scorecard system to evaluate federal government agencies' performance in terms of adhering to their supplier diversity goals. According to fiercegovernmentit.com, the new system will grade each agency's small business procurement program as follows: an A+ for agencies that meet or exceed 120 percent of their goals, an A for those between 100 percent and 119 percent, a B for 90 to 99 percent, a C for 80 to 89 percent, a ...
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Retailers Are in a Price War to Get Their Goods De ...
1 day ago
by DWilmes
A recent article from the New York Times on the state of shipping around the globe caught my eye. It seems as though retailers are feeling the pressure.
Retailers are now seeing an even larger effect from the recession: they are in bidding war to ensure that their goods are delivered to store locations.
“The grills shaped [...]
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Procurement Leadership in the Perfect Storm +#8211 ...
3 days ago
by DWilmes
The current economic crisis that continues to negatively impact global markets has dramatically altered the competitive landscape for corporations. Every day, the news is the same. Demand, revenue, profits, and shareholder value are all down while the costs and risks of doing business are all up.
This “Perfect Storm” of economic conditions [...]
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Iasta titled the 10th Fastest Growing Private Comp ...
8 days ago
by DWilmes
Iasta, the leading provider of eSourcing software and solutions, was titled as the 10th Fastest Growing Private Company in Indiana for 2010 by the Indianapolis Business Journal (IBJ). A third time honoree, Iasta boosted its three-year growth rate at 134 percent.
The report profiled Iasta’s founding’s, current offerings and future [...]
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Supplier Performance Management (SPM): What Has Ca ...
> 10 days ago
by David Bush - Iasta
This is the first in a series of posts discussing the history of, business case for and strategy behind supplier performance management.
Before we can get to the end goal of creating an SPM strategy, we must understand the factors in our supply chains that have caused SPM to become an enormously important part of our [...]
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POSSIBLE NEW EURO CURRENCY DEMANDS FOCUS ON PROCUR ...
> 10 days ago
by DWilmes
Speculation that Germany and other northern European nations may launch a new breakaway euro means businesses must focus on how they buy goods and services, say procurement experts ADR International.
Robin Jackson, CEO of ADR International, says exchange rate movements present risks and opportunities for procurement professionals.
In the latest issue of the ADR International eBulletin, he [...]
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VENDOR: Sorry, But Here's an Invoice From Last Ye ...
9 days ago
Have you ever been in a situation where a supplier “forgot” to bill you and—out of the blue—you get an invoice from that supplier for goods or services that were provided months and months ago? It’s particularly painful to get an old invoice from a supplier when you’re already in a new budget year and you haven’t accrued anything for the old invoice. Surprise!
Arguably, you should have decent enough financial controls to keep this from happening—like reports that show old purc ...
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Vendor-Managed Inventory Implementation Considerat ...
9 days ago
Here's a short white paper on vendor-managed inventory implementations I
recently drafted and that I'm finally getting around to posting. Happy
reading!
Vendor-Managed Inventory Implementation Considerations. It's Not a
Panacea...
A vendor-managed inventory (VMI) is an inventory
replenishment arrangement whereby the vendor monitors and manages the
retailer's inventory—the vendor receives demand information
electronically and then replenishes inventory based on, among other
things, mutually a ...
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Complete This Crossword Puzzle and Win a Free, Sig ...
> 10 days ago
Every now and then, especially when I'm traveling, I like to do a crossword puzzle. A few years ago, a co-worker's family member made a documentary on crossword puzzles, called Wordplay , that I found to be extremely entertaining and interesting. Part of the documentary was about how crossword puzzles are created. So, on a recent vacation to my hometown of St. Petersburg, Florida, I decided to make my own crossword puzzle--using my favorite subject of procurement--while sitting on the beach a ...
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Test Your Procurement Skills: Reps and Warranties ...
> 10 days ago
Here's an actual disclaimer provision added by a supplier, which immediately followed a representation and warranties section containing, e.g., a warranty against infringement. I felt all warm and fuzzy when I saw the opening clause in the disclaimer ( Other than as expressly provided for herein... ), believing that my express reps and warranties in the prior section weren't disclaimed and were still valid. So--specifically in reference to my express reps and warranties--should I feel warm an ...
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NRECA and Theresa Polzin, C.P.M. Receive Prestigio ...
> 10 days ago
On May 18th, NRECA 's Vendor Management Office and Theresa Polzin, C.P.M., a distinguished NRECA employee, received a number of prestigious awards from NAPM-NCA , the greater D.C. area Institute for Supply Management affiliate. NAPM-NCA is one of the oldest ISM affiliates, having been first established in 1942.
NRECA received an appreciation award for its service to the supply management profession and Ms. Polzin received an appreciation award for her contributions to the affiliate. She also ...
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The Tough Guy that Obama Should Be
3 days ago
by Joe Payne
Over the past few months I have been fairly critical of the path President Obama has taken in dealing with some of our most pressing problems - the oil spill, the financial crisis and overall government accountability to name a few. As a Democrat I was excited to see a person who appeared to have some interest in helping normal people and making the government work come into office. Obama seemed very capable and showed a coolness even in times of crisis that appeared reassuring. ...
Please vi ...
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Problems in the Supply Chain, Apple +amp; LG - Fol ...
7 days ago
by William Dorn
As a quick follow up to my article a couple of weeks ago, it appears that Apple's supply chain is also starting to hit some stumbling blocks in manufacturing. Coincidentally, the stumbling block is almost identical to the one that we mentioned HTC was having, the primary supplier is not able to produce enough displays. In Apple's case, LG apparently is not able to meet the demand for the iPad and will not be able to completely hit targets until Q2 of 2011.
Although Apple supposedly has other... ...
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Anti-Bullying Crusade
> 10 days ago
by jpuvel
I came upon this article on philly.com about a young student in a Philadelphia Catholic school who has experienced a lot of bullying in her short school career. She decided that she wanted to make a change and began by addressing the issue to President Obama. Quite bold for an 11 year old girl if I do say so. As touching as that is, the President actually wrote back and commented on the issue. Now I don’t believe that the President will be coming to Philadelphia to scold these students...
...
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Greenwashing with Ethanol
> 10 days ago
by Tina Lamanna
Nothing beats your local corn-on-the-cob as we continue through the summer grilling season (heat wave or no heat wave!). I’ve heard corn is good for you being that it’s a vegetable but also that it has no nutritional value and the human body cannot digest it like other vegetables.
Just as with corn-on-the-cob’s healthy vs. unhealthy views; ethanol is under the microscope for being a fit fuel replacement or not. Ethanol is a form of alcohol distilled from the sugars found in a wide variety ...
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Problems in the Supply Chain - HTC, APPLE, AT+amp; ...
> 10 days ago
by William Dorn
With the release of the 4th generation iPhone dominating the news, the smart phone industry has been buzzing lately. Apple successfully shipped 1.7 million devices in the first couple weeks of release. However, it wasn't completely smooth sailing for Apple. During the first days of preordering, Apple had their share of problems. It was widely reported that the ordering systems were faulty, either outright now allowing people to place orders, or worse, having corrupt systems in which the systems. ...
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PRTM Study: Five Key Supply Chain Challenges – C ...
9 days ago
by (Chris) Jacob Abraham
Share 0savesSave In my previous post, PRTM study highlights five key supply chain challenges, I highlighted a recent study by the supply chain management consulting firm. In this post, I want to delve a little deeper into those key challenges. Again, the highlighted challenges were: Supply chain volatility and uncertainty have permanently increased Securing growth [...]
Related posts:PRTM study highlights five key supply chain challenges Share 0savesSave SupplyChainStandard.com has an article ...
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Rainmakers… Part 2
> 10 days ago
by (Chris) Jacob Abraham
Share 0savesSave In Rainmakers… Part 2, I want to go through the list and Q&A of the Rainmakers identified by DC Velocity in their article Who are this year’s Rainmakers?. The previous post in this series is here: Rainmakers… Part 1. So let’s get started, Judy McReynolds [Arkansas Best Corp] Q: You have taken the [...]
Related posts:Rainmakers… Part 1 Share 0savesSave Who are this year’s Rainmakers? is a recent...
Carbon Emission Caps and Leverage Share 0savesSave This is ...
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Rainmakers… Part 1
> 10 days ago
by (Chris) Jacob Abraham
Share 0savesSave Who are this year’s Rainmakers? is a recent article about thought leaders identified by DC Velocity for 2010. This year’s selections represent many different segments of the supply chain discipline: practitioners, academics, consultants, and vendors. But they’re also united by some common threads, including an emphasis on education, training, and people. Through word [...]
Related posts:Cardinal Health Releases RFID Pilot Results Share 0savesSave Cardinal Health ...
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PRTM study highlights five key supply chain challe ...
> 10 days ago
by (Chris) Jacob Abraham
Share 0savesSave SupplyChainStandard.com has an article about a PRTM study that highlights five key supply chain challenges: PRTM study highlights five key supply chain challenges. PRTM’s study titled Lessons Learned from the Global Recession (you can download a free copy of the report by registering) outlines a very real expectation that a survey of 350 [...]
Related posts:Six Key Trends Changing Supply Chain Management Today Share 0savesSave Supply & Demand Chain Executive magazine ha ...
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Hacked, jacked but recovered
> 10 days ago
by (Chris) Jacob Abraham
I’ve just managed to recover almost everything that was hacked by some pharma front that inserted unauthorized and irrelevant ads inside my blog.
Thankfully, I didn’t have to go through too much hassle to recover the site and the bonus is that I’ve managed to upgrade the site to Wordpress 2.9.2.
Meanwhile, here’s a short [...]
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Open Discussion this Friday on Indirect Spend
3 days ago
by Justin Fogarty
When I asked the Strategic Sourcing & Procurement LinkedIn group members to suggest topics for upcoming calls, there were a lot of requests pertaining to indirect spend. So, this Friday, the group’s July member conference call will be an open discussion on indirect categories (marketing and consulting will definitely be covered - if you have [...]
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Agility rules in the New Normal
> 10 days ago
by Kris Colby
There’s more than one kind of agility.
These days, agility is a key aspect in any discussion involving “The Cloud”. One of the primary benefits of the move to Cloud Computing is the ability to quickly respond to changing needs and disparate environments.
However, it’s important to recognize that agility does not refer only [...]
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Collaborative Question: “Should You Share Your S ...
> 10 days ago
by Justin Fogarty
Charles Dominick, of Next Level Purchasing, recently posted a question to the Strategic Sourcing & Procurement Group on LinkedIn that has been getting a LOT of attention:
“Should you share your selection criteria and weightings with suppliers?”
Needless to say, there are some very strong opinions for and against sharing this information. A few of the best answers [...]
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Collaborate w/ peers: “How is the Gulf Oil Spill ...
> 10 days ago
by Justin Fogarty
I recently asked my fellow Strategic Sourcing & Procurement group members on LinkedIn for topics they’d like to cover on our monthly conference calls this summer. Lots of great ideas, but the one that caught my eye as an opportunity to have an immediate impact was the suggestion by a Supply Chain Analyst at a [...]
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Digesting the June ISM Non-Manufacturing Index
> 10 days ago
by Pat Furey
The ISM NMI (Non-Manufacturing Index) came in at 53.8, which is down from 55.4 in May. The Business Activity Index was 58.1, down from 61.1 in May, and New Orders was 54.4, down from 57.1 in May. The employment index came in at 49.7, slightly below the growth threshold of 50. Here are some bullet points about [...]
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Beat fraud in the new fiscal year
2 days ago
by admin
It was tax time for businesses in Australia with this month kicking off the beginning of a new financial year. In the midst of this busy period, it was surprising to uncover a PricewaterhouseCoopers report which found Australia has almost double the global average of accounting fraud. That’s a whopping 40 percent of Australian organizations [...]
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Combining e-invoicing and eProcurement doubles cha ...
> 10 days ago
by Juha Hakamies
“Best AP departments 50 times as productive as the least effective1” – the headline finding from a study we commissioned Forrester Consulting2 to conduct. We asked Forrester to examine the performances of accounts payable departments in relation to the levels of efficiency within their invoice handling processes.
Applying a complete purchase-to-pay process combining e-invoicing, integrated procurement [...]
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Basware continues strong growth in Q2
> 10 days ago
by admin
Announcing our interim Q2 financials earlier this week, we were proud to announce continued growth and development across the business and internationally. Building on the growth in a tough economic climate in 2009, and maintaining the momentum from the Q1, Basware experienced a strong net sales growth of over 17% from Q2 2009 to EUR [...]
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Connectivity for suppliers – automating the Acco ...
> 10 days ago
by Juha Hakamies
We’re pleased to announce the addition of supplier functionality to our Basware Connectivity services. This means that Basware Connectivity for Suppliers now enables Accounts Receivable departments to deliver all sales invoices electronically to their customers, irrespective of the invoice format required by the customer organization.
Toshiba TEC Germany, a recent Basware Connectivity for Suppliers customer, found [...]
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Lost in Transaction 2010 – Weak Finance Processe ...
> 10 days ago
by Juha Hakamies
Our latest global research, Lost in Transaction 2010, is now published! Following on from Cost of Control 2010, this study focuses on the Accounts Payable (AP) environment with the intention being to measure AP sophistication…or lack of!
Based on responses from 550 Heads of Accounts Payable from large enterprises around the world, this research explores the [...]
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Succeeding With New Procurement Strategies
> 10 days ago
by DaveM
Get the results of a survey, sponsored by SAP, jointly produced by the Procurement Leaders Network in which over 200 procurement executives reveal what procurement strategies are working for their organizations. Find out what they say about today's challenging economy and what they envision for the future of procurement. Results are analyzed by industry and company size (requires registration). Here is the link: http://www.industryweek.com/Media/whitepapers/NewProcurementStrategies.pdf
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EU, Deflation Fears Could be Realized
> 10 days ago
by DaveM
With all the price volatility buyers have had to manage the last several years, one would “never say never” and they can “expect the unexpected”. … consider Ireland, which has suffered an astonishing 16 consecutive months of price deflation. The Irish CPI fell by 2.1% year-on-year in April. This deflation action is beginning to make Japan's experience of the past 20 years look like a picnic because Ireland, unlike Japan in the 1990s, remains in fiscal contraction mode. Thus, the I ...
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Great Risk Management Article
> 10 days ago
by DaveM
Learn about the fundamentals of supply risk management. Read the article Managing Risk from the WSJ and Liberty Mutual. Here is an excerpt. These risks are a multi-headed Hydra, ranging from natural and man-made disasters, transportation boondoggles and regulatory changes to political strife, labor strikes and technology failures. Other risk managers are similarly coping with enhanced supply chain risks in the wake of the financial crisis.
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Links About the Demise of Purchasing Magazine
> 10 days ago
by DaveM
Purchasing Magazine's Demise Raises More Questions Than it Answers Spend Matters (blog) - Apr 19, 2010 Over the weekend, I gave quite a bit of thought -- and had numerous conversations and e-mail exchanges with various colleagues -- to Purchasing Magazine's ... Breaking Supply Chain News: Reed Supply Chain Publications said to ... Supply Chain Digest - Apr 25, 2010 That deal apparently does not include Purchasing magazine, which was not part of the SCM group. If it does not find a buyer ...
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Sparklines +amp;ndash; New Graph Tool for Buyers
> 10 days ago
by DaveM
A new feature in Excel 2010 is Sparklines—miniature charts that fit into a single Excel cell—help you see individual trends quickly and make better decisions. This is going to be quite a useful tool for professional buyers.
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Top 10 best practices when deploying eProcurement
> 10 days ago
by Jean-Philippe Massin
This is a table I build-up to create ‘client’ awareness on eProcurement deployment challenges and introduce the ‘How to implement and deploy eProcurement”: It is all about Value Enablement, Awareness of eProcurement benefits per category of supplies, change management efforts and logic (quick wins, communication, impact analysis, gap awareness, training, coaching, supporting), Awareness of the [...]
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5 myths about reverse auctions
> 10 days ago
by Jean-Philippe Massin
There’re things like that I just can”t get it…
How can a mature and Professional Purchasing Organization still operate without a robust reverse auctions strategy…? especially when having the capability live, the application and the skills…
This doesn’t mean that you shall run a reverse auction on all the categories you are negotiating… Best In Class are [...]
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AribaLIVE 2010 in Amsterdam 7-9 June
> 10 days ago
by Jean-Philippe Massin
Just for you to know: I’ll be there, very much excited to get back to the Netherlands where I spent 6 years of my life…and of course to share with several hundreds customers our experience and roadmap for the future… for the Cloud!
If you didn’t register yet, you can do that here.
If you are wondering [...]
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Capgemini acquires IBX
> 10 days ago
by Jean-Philippe Massin
The news came out yesterday: Capgemini Group today announced its acquisition of on-demand purchasing solutions provider IBX and with it, the availability of the industry’s first global end-to-end, Procurement-as-a-Service offering. Having collaborated together since summer 2009, Capgemini and IBX decided to join forces in order to drive development of a new global procurement service offering and further expand the addressable market for IBX’s best-in-class technology
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15-question Supplier Sustainability Assessment sur ...
> 10 days ago
by Jean-Philippe Massin
Late July 09, Wal-Mart announced plans to develop a worldwide sustainable product index, which is expected to lead to higher quality, lower costs and measure the sustainability of products and help customers, live better in the 21st century. This index will be build out of a 3 steps program, starting by the assessment of their 100 000 supplier base with a Supplier Sustainability Assessment.
