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"The Point" is written by BMP Editor Kelly Barner as well as a diverse group of guest contributors.

The Carrot or the Stick?

I'm hearing more and more about procurement outsourcing these days.  I don't mean procurement people outsourcing other people's functions, I mean procurement BEING outsourced.  There are different definitions for outsourcing, and the end impact on our careers is anything but known. There is always downside risk to every career choice, and ours is starting to come into focus. But don't worry - this is not a doomsday posting. You and me, we're going to be just fine. And here is why...

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Cindy Allen-Murphy
Kelly has a great perspective. This is the time to take classes, attend webinars at lunchtime and be aware of what is around you. ... Read More
Monday, 08 August 2011 22:30
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CAPEX v. OPEX in Savings Calculations

This week's Wiki-Wednesday topic is CAPEX (Capital Expenditures) v. OPEX (Operating Expenditures). Once you understand the difference between them, the next step is realizing the impact that distinction has on negotiated savings recognition.

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The Pareto Principle at Play in Procurement

This week's Wiki-Wednesday topic is the Pareto Principle - also known as the 80/20 rule. Many of us use it all of the time, but do we really understand the implications of the distribution principle? I'm sure I hadn't fully thought about it until reading up for this weeks' posting. Other things I did not know about the primciple are that it was incorrectly attributed to early 20th century economist Vilfredo Pareto because he observed that 20 percent of the landowners in Italy owned 80% of the land. (He also noted that 20% of the pea plants in his garden produced 80% of the peas...)

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Guest — JOHNSON
Interesting and educative. well done Kelly
Monday, 09 February 2015 07:35
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Apple's Recent Procurement Woes

We’ve read as many of the news stories on this topic as possible to bring you the following synopsis. Most of the details are widely available across all sources, but in the case that an interesting detail or fact came from one particular article, we’ve cited the source (see our footnotes). Otherwise, there is a listing of articles for further reading at the bottom of the page, with date, source and a link (click on the article's title to access it at its source).

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