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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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.

Posted by on in Procurement

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.

In the northern hemisphere, Fall / Autumn has begun. With that comes the harvest and in particular, apples! However, we are not going to talk about the fruit but about the technology company, Apple.

 

The following question and response are in the ISM – Purchasing & Supply Chain Professionals group on LinkedIn. If you would like to join either the group or the ongoing discussion, click here.

 

Posted by on in Procurement
The printing press invented by Johannes Gutenberg in the 1400’s has been ranked as the most important invention of modern times. This new technology allowed for mass production of print. It allowed for the spread of learning to the general population.

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?

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.

 

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