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.
The Boston Red Sox have just won the World Series for the 3rd time in 10 years (2004, 2007 and now 2013). There was an 86 year drought until 2004. The team’s theme this year was “The Road to Redemption”. For those that don’t follow baseball, last year they were the worst and this year they are first. That is quite a recovery!
This week’s webinar notes are from an event hosted by ISM on October 15, 2013. ‘Maximize Cost Savings Through Analytics’ was presented by James Anthony, President of Enrich, an Oracle Platinum Partner and the result of a merger between e-Three and enrich IT. The webinar is available on demand on ISM’s site.
This week’s webinar notes are from a recent Directworks webinar titled ‘Creating Shareholder Value from Supplier Relationships’. The webinar and slides are available on demand on Directworks’ site or you can download a whitepaper with the same title that builds on the content of the webinar.
There are a lot of articles about shortages of resources for a variety of reasons. One of the issues is attracting talent to procurement when other areas are also drawing on the same talent. How can procurement become a profession that others are drawn to like a magnet?
We all love shortcuts – how can we get something done faster and easier, without as much effort. Sometimes if there is not a shortcut but you are trying a different path, HOPING it will be one, may mean you forget an important step and the result it not what you intended.
This week’s webinar notes are from the October Next Level Purchasing Association members-only webinar, and featured Donald Jean, CEO of Focused Buyer, a purchasing and trading website that also provides payment services and financial records support. If you are not already a member of NLPA, we highly recommend that you sign up. Membership is free and includes benefits such as their monthly webinars.
When I first started interviewing, I did not know what questions to ask to recognize a person’s true capabilities. I defaulted to technical questions to understand their skill level. As I developed and gained more experience, I recognized the best questions I could ask the candidate had more to do with problem solving, communication skills and decision making.
My father was very fond of fishing. Most times he did not catch anything but he enjoyed being out in the boat and absorbing his natural surroundings. As a child, I only enjoyed it if I caught something. One vacation when I was 8 or 9, we were camping on an island. For 3 days, we caught a fish every few minutes. It was exciting. Most of the time they were too small and we set them free but what excitement for all of us!
This week’s featured webinar notes are from a recent IACCM event called ‘Negotiating Across Cultures: Understanding the Differences, Avoiding the Pitfalls’ which was hosted by Tim Cummins and Karen Walch. If you are an IACCM member, you can view the event on demand after logging in on their site.
We have just finished our 'to do' list for the weekend. It has much more on it than we can possibly do in the time we have. We also have to add some 'fun' to that list. However, there are not any big projects on the list. Those keep getting pushed to another time.
This week’s featured webinar notes are from a September 26th Sourcing Interests Group event presented by A.T. Kearney Procurement and Analytic Solutions. If you are a SIG member, both the slides and the event recording are available on-demand at SIG.org.
We have been recycling in our house for over 20 years. It is just a habit – plastic, papers, and glass as much as possible. We cut apart the plastic rings that are around six-packs of soft drinks. We are doing what we can to preserve the environment in our own small way.
Click here for part one of this series.
“SciQuest, originally an e-market exchange, went public in 1999 with a $2 billion market cap. Two years later, SciQuest was on the verge of shutting its doors: the gross profit margin was running at 2% and the company was burning $25 million a quarter. With only $50 million in its coffers, this prototype for the dot.com era was on track to run out of cash by year’s end.”
The above excerpt from The American Business Awards 2008 Winners website made considerable references to the areas upon which I touched in my 2005 white paper on SciQuest. Specifically, was the SciQuest value proposition scalable beyond the cottage industry success that enabled it to grow to the point of going public with a $2 billion market cap in the first place?