If you are in procurement I am quite certain that someone in your organization has asked you to explain why the expected cost savings or efficiency gains haven’t materialized. I will share some of the...
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Can procurement professionals learn how to source more effectively by studying modern farming methods? I was recently reading about modern farming methods in The Costco Connection. The lead article describes...
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Understanding how much your current procurement system is costing your company is critical information, especially if you are considering a change. The answer may be significantly different if you are using a...
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Optimization is a hot topic, but will an optimization tool give your sourcing team a strategic advantage? Why is optimization a hot topic in sourcing circles? Big data, storage capacity and computing speed...
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If you want to win over more stakeholders to your way of thinking, consider asking a question that might make you look like a dummy. You may be wondering what the heck I am writing about. Let me clarify my...
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The northeast corridor is bracing for the third Nor’easter of March. I wrote about strategic sourcing and planning after Irma and Maria. These winter storms are a stark reminder that that planning for...
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There are dozens of factors that can impact the implementation of a new sourcing solution. In my experience, one is key to your success. Training. All the features and functionality in the world will not be...
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Procurement tools that were created in 2007 and earlier may work but they aren’t likely to make your organization a leader in your market. Football teams are fascinating to study because they are in a...
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