The Point

One of the interesting things about consistently reading and hearing content from quality sources is that you start to notice trends. It is amazing how often the same topics arise at the same time in different places. We use this blog as a way to help you stay on top of the major themes in procurement and supply chain management.

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Every year my organization has a summer outing with some component of team building. The goal is to break down silos, energize the group and renew understanding across the organization. There is large component of fun along the way as well.


This week’s webinar notes are from a September 4th event run by IACCM in advance of their Americas Conference to be held in Phoenix, AZ from October 8-10. To incorporate the buyer and seller perspectives in one event, they invited Todd Snelgrove, Global Value Manager, SKF Group (procurement) and Lisa McLeod, author, business coach, and President of McLeod & More (sales). The event is available on demand, although a paid or trial membership to IACCM is required.

 

Posted by on in Procurement

My husband and I are both always right – even when we disagree. That became evident the first time we folded laundry together. And we folded shirts differently. Comfort won over logic for a while. Then I did realize the majority of the shirts were his so logic won, and we folded them his way.

Posted by on in Book Reviews

Sustain Your Gains, by Michael McCarthy, is ultimately a guide to human behavior in the face of change. Although the initial sections of the book serve as a primer to Lean and Six Sigma methodologies, hints of what is to come in later chapters pull the reader forward to see the application of Process Behavior Maintenance (PBM) in action.

There is an inspiration story about millions of starfish stranded on the beach and how an old man walking along keeps tossing a few back into the water. There is no way to save all the starfish. However, for some of them, the man picking them up and putting them back in the water does make a HUGE difference.

This week’s webinar notes are from an August 30th event hosted by Supply Chain Insights on the link between the supply chain and overall corporate performance. The webinar can be viewed on demand on their website.

In my July 10th, 2013 post “Forrester’s Duncan Jones and His Big Bang Theory Relating to Market Evolution” I had made reference to Jones’ comment regarding the IBM acquisition of Emptoris.

Specifically his remark that it was “too early to expect IBM to have coherent plans for what to do with its (re Emptoris’) services procurement product.”

I of course did not agree with the totality of Jones’ position as it appeared he was suggesting that “acquisitions such as the one made by IBM when they acquired Emptoris are largely intuitive and representative of a nebulous fear of falling behind as opposed to being a reflection of a deliberate, forward thinking strategy.”

Posted by on in Procurement

In some areas of the world, the weather changes very frequently. For them the saying applies “If you don’t like the weather, just wait a minute”.

Posted by on in Blog Picks

When our son was young, he would go through a cycle that was amusing to all of us. He would nod his head up and down while saying “uh huh” and then side to side “nuh uh” and repeat this many times. He was outwardly arguing with himself but not over any particular topic. We would ask him who won. The response was “me of course”! We would laugh.

Our featured webinar notes this week are from an August 28th event run by Supply Management and presented by Lutz Peichert Vice President and Principal Analyst at Forrester Research and Chris Ayscough Purchasing Director at SITA. The event can be viewed on demand here.

Posted by on in Procurement

If I have seen further, it has been by standing on the shoulders of giants.

Not that long ago, that quote would have only meant you were a Star Wars geek and referencing the two robots in the movies – R2D2 and C-3PO. Now of course it means your Android smart phone. Hopefully nothing is wrong with that!

Posted by on in Procurement

Everyone knows the “Measure Twice and Cut Once” motto. In other words, plan and prepare in a careful, thorough manner and then take action. Well, we had to learn the hard way more than once!

 

Everyone loves a good surprise. Maybe is it an unexpected birthday present. Or perhaps it is a visit from a dear friend that you have not seen in quite some time. An unforeseen professional opportunity is offered to you that would open up new growth and financial rewards. There are so many events that pleasantly surprise us and we do look forward to those.

 

Posted by on in Events

This week’s featured webinar was hosted by Sourcing Interests Group and presented by KPMG with a case study from Greif, Inc. on Procurement Operating Models.

Posted by on in Procurement

 

When I got out of college, I was stuck. I did not know what to do with the next stage of my life. I was in analysis paralysis as they say. Do I move back to my home town( population 5000) or move to the big city? Or how about skipping all that education and moving to the Rocky Mountains and being a ski instructor?

 

Common sense is not that common. Everyone has heard that before. Good Customer Service is not that common either. When you are told as a customer that something will occur on Thursday and then it does not, what type of impression does that leave?

This week’s featured webinar was a joint effort between ISM, Zycus, and Ardent Partners. It was presented in advance of a two part research series that will be published later this month. The research was “designed to help procurement organizations develop a transformation "blueprint" — a holistic view of the source-to-settle process and the underlying architecture required to support sustainable business process improvement.” (ISM event description).

Posted by on in Procurement

We are now in our third day at home without phone or internet access. We simply called our provider to get a bundled package at a better price. We were told that it would not be any big deal and only take an hour or so. Not only did we get the wrong information, we certainly feel crippled without our communication tools.

Supplier Relationship Management in the Supply Chain by Stuart Emmett is accurately titled – it is in fact a book about the importance and execution of supplier relationship in the supply chain. But because so many organizations do not have SRM programs (or would benefit from being more supplier-centric) it is more importantly a book about change. In order to get different results, we must think and act differently. This is a simple enough idea, but bringing about such changes in an organization is complex enough that few of us have reached our desired level of SRM maturity.

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