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

Strategically Source Everything. Period.

This week’s eSourcing Wiki-Wednesday topic is Sourcing Success Enablers.  Under the Organizational Best Practices heading is a brief paragraph that gets to the heart of what all procurement and supply management departments need to stay focused on:

“As part of a supply chain focus, successful companies do not overlook indirect categories. Chances are some categories (such as office equipment, professional services, etc.) consume a significant part of the total organizational spend and will also benefit from a review. Strategically source everything. (Often strategic sourcing means outsourcing procurement of non-critical, low value spend, or commodity categories to external organizations that also follow strategic sourcing principles.)”

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Webinar Notes: Webinar Notes: Take Your Sourcing Down to the Component Level: The Kimberly Clark Case Study

This week’s SIG webinar (sponsored by MFG.com) gave us an interesting look inside the procurement, product design, and engineering teams at Kimberly-Clark (NYSE: KMB). There is a good chance that you have a number of K-C products in your home right now: Kleenex, Scott, Huggies, and Cottonelle are just a few of their brands. Unless you are a SIG member you can’t listen to the event on demand, but there is a case study overview available from MFG.com.

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Flip Side Webinar Notes: Selling To and Negotiating With Today's Tougher, Strategic Procurers/Buyers/Sourcers

Other than a brief introduction of each panelist at the beginning of the event moderated by ES Research, this was an entirely unrehearsed, unscripted discussion among four industry experts in the area of selling and negotiating with the corporate procurement function. Live questions were taken from the audience via telephone.  There were no slides. One of the speakers on the call described procurement and our processes as being "like trying to get a peek behind the curtain of Oz".

“Do not arouse the wrath of the great and powerful Oz. I said come back tomorrow.”

-- The Wizard of Oz, 1939

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Webinar Notes: Tackling the Procurement of Complex Services Emptoris/Forrester/ISM

I have a background in services, both professional and otherwise, and this is always an interesting topic. In my opinion, the most important take-away from the event is that more companies are breaking down the wall and not only addressing services spend but having success. Although there are complexities with services like legal and marketing that don’t exist with straightforward services like facilities maintenance or contingent (temporary) labor, procurement groups are more than capable of handling those complexities just like they have done with complex materials spend.

Last week’s event on sourcing complicated services is now available on demand by clicking here.

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Blog Pick of the Week: What to do with the savings?

We are all familiar with the line from the "Jerry Maguire" movie - SHOW ME THE MONEY! In procurement we are often asked to SHOW ME THE SAVINGS! The blog of the week discusses just that which is why I selected it.

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Blog Pick of the Week: We Salute You

"Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort." –Paul J. Meyer

This Blog by Anthony Iannarino captures that philosophy exactly from the Salesperson's perspective. As a procurement professionally, it applies as well.

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BMP's Notes on Collaborative Sourcing Webinar (Ariba/ISM)

This week I attended a webinar by Ariba and ISM on collaborative sourcing. And in this case, the collaboration ended up being not with the competition or others in the supply chain, but with between procurement and internal stakeholders. Not what I had thought (thanks a lot, Google. We'll talk later...) but still a valid topic and just as tricky.

The following are some of my notes on the webinar. Click here to connect to the archive.

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Recent comment in this post
Cindy Allen-Murphy
I like this comment and will review your notes and recommend others do the same.
Sunday, 10 July 2011 21:15
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Webinar Notes: Are you "Being Qualified"?

No, I did not mistakenly use horrible grammar in the title of this article. Bear with me and you'll see. This week I attended a FLIP SIDE webinar by the TAS Group called "The Competitive Difference - Customer Collaboration and Sales Execution". I have a page or two of notes, and you can listen to the full recording here, but I took one primary thought away from the webinar:

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Webinar Notes: SIG's Integrated Facilities Management

SIG Webinar: Next Generation Sourcing Strategies For Facilities And Maintenance Transformation, Presented By A.T. Kearney (Daryl Watkins, Senior Sourcing Manager and Bernard “Bud” J. Going, Director of Procurement).

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