What Is eSourcing in Supply Chain Management? If you work in procurement or the purchasing department, you’re already aware of how it works. However, it’s the rest of the organization that might not...
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What Is Strategic Supplier Management? Perhaps one of the toughest tasks of all in the entire supply chain and procurement process is mitigating the human factor and evaluating the relationships you...
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What challenges will you face to improve supplier performance? Suppliers that have been in place for a long time – more than 5 or 10 years present one set of issues. Single source suppliers present another...
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This week I offer the most common challenges that are shared with me by procurement professionals. Most folks that contact me are: Grappling with a system that is difficult to use and utilization is very low...
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Imagine that you have been given the task of evaluating supplier performance in a key spend category. Let’s assume that there are two incumbents that have been in place for just over ten years. The product...
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How effectively and efficiently is your risk management program helping you manage supplier risk? Supplier risk management is normally a top priority in most organizations. The initial challenge is typically...
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Has complacency set in with any of your key suppliers? Do you remember when you first became their customer? Service was fantastic, or their products exceeded your expectations. Wouldn’t it be great if every...
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I was very fortunate to spend some time “down under” in Australia recently and it made me think about assessing and mitigating risks since I enjoyed some trips into remote areas. Fin was a local tour guide...
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