BMPLogo

LinkedIn Buyers Meeting Point procurement Kelly Barner twitter Buyers Meeting Point procurement Kelly Barner scribd Buyers Meeting Point procurement Kelly Barneryoutube Buyers Meeting Point procurement Kelly BarnerAdobeStock podcasticon

The Point

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

Recommended Procurement Webinars Jan 8-12: An ‘Ardent’ Start to the New Year

AdobeStock_astrowork

Happy New Year! We’re off and running – I added 11 new webinars to the calendar in January and February this weekend. Of all the new year’s resolutions, Ardent Partners’ were apparently the most resolute! They aren’t missing a beat, and as a result they dominate this week’s recommendations. Click on the title of each recommended webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

Continue reading
  2080 Hits
  0 Comments

How a world class Managed Services Provider can drive unmatched value in SOW Management

AdobeStock_WorkForceManagement

Services Procurement remains a point of significant pain to procurement departments as well as business managers due to the high volume of projects and the substantial number of vendor partners involved. There are typically multiple systems at play without a centralized repository for all elements of a project engagement. Catalog e-procurement solutions, ‘blanket purchase orders’, and A/P automation all offer limited visibility, governance, or compliance support. Procurement teams are often short-staffed and ill-equipped to manage all of the projects coming through the pipeline. This can result in all attention (not to mention compliance and savings) being focused on large projects while smaller/non-strategic projects go unmanaged or receive minimal oversight. This partial visibility extends to vendor performance as well as the benchmarking of project rates, milestones and deliverables, and even estimated project completion time. Project owners are often left to their own devices where they single-source with one vendor (bypassing the competitive bid process entirely), or selecting project vendors at high rates where staff augmentation work could be utilized at a much lower cost.

Continue reading
  3518 Hits
  0 Comments

LAVERGNE Management Matrix Operating Instructions: Benevolent Leadership

AdobeStock_rorschach

I created the Lavergne Management Matrix to make it possible to share and discuss ‘Benevolent Leadership’.

The managerial aptitude of a person can be evaluated according to two criteria:

  • The satisfaction of her/her employees (whether trending down, stable, up)
  • The performance of his/her employees (whether trending down, stable, up)
Continue reading
  2665 Hits
  0 Comments

Recommended Procurement Webinars for August 7 - 11: Career Breaks as an Opportunity for Redirection

AdobeStock_maverick

We have sort of an interesting event dynamic this week – three events, all on Thursday between 8am and 1pm ET. Of the three, I think there is one standout event, detailed below. Looking at the current calendar, clearly webinar organizers are expecting the bulk of summer vacations to be over by the week of August 28th, and September is already starting to take shape. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

Continue reading
  2169 Hits
  0 Comments

Recommended Procurement Webinars for June 12-16: Two Perspectives on Building an Agile Modern Workforce

AdobeStock_webinarstreet

In addition to the virtual events below, ISM-New York is holding their annual meeting on June 14th at the New York Executive Conference Center. Join them to hear speakers from D&B, Bloomberg, and more. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

Continue reading
  2890 Hits
  0 Comments

Contingent Workforce Management: Advantages of an Integrated Managed Services Program and Vendor Management Software Model

AdobeStock_workforcetech

Organizations that are not leveraging a managed service provider (MSP) and vendor management system (VMS) may be paying too much for contingent talent and are at risk of noncompliance with various labor and benefit laws. They are also likely to have challenges involving time to source quality talent.

Continue reading
  6064 Hits
  0 Comments

Recommended Procurement Webinars for May 1 - 5: A Tight Talent Market and Our Volatile World

Recommended Procurement Webinars for May 1 - 5: A Tight Talent Market and Our Volatile World

It’s May. Aaaaaaaaah! Seriously, though, that means the clock is ticking on the official start of the summer work season (I date mine from the Friday before Memorial Day). I fully expect webinars to continue strong through the summer months, and there are already a couple of June in person events as well. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

Continue reading
  2465 Hits
  0 Comments

Achieving World-Class Procurement Part 2: Taking a Deep Look at Your Current Operations

Achieving World-Class Procurement Part 2: Taking a Deep Look at Your Current Operations

As I mentioned in Achieving World-Class Procurement Part 1, today’s increasingly competitive market landscape is driving organizations to reinvest in their procurement and strategic sourcing departments like never before. Beyond establishing centralized purchasing operations, best-in-class companies are elevating their procurement organizations by taking a deeper look at people, processes, technology, and metrics and optimizing them in ways that support enterprise-wide goals – through procurement transformation.  Transformation initiatives allow companies to gain more value from their procurement operations, moving from a reactionary model focused on reducing costs to a more proactive approach to managing spend that streamlines purchasing practices and enhances supplier relationships.

 

Continue reading
  3217 Hits
  0 Comments

Making the Case for Self-Sourced Talent Pools

Making the Case for Self-Sourced Talent Pools

As organizations continue to expand the use of contingent talent to supplement their full-time workforce, they are also seeking ways to optimize their contingent workforce programs to generate additional cost-savings. Historically, this was done through supplier rate rationalization, improvements in workflow and cycle time, and engaging a Managed Service Provider (MSP) and Vendor Management System (VMS) to drive efficiencies. While all of these measures generate cost-savings (particularly in first generation and early stage programs), more mature programs require the identification of other strategies like self-sourcing.

Continue reading
  3083 Hits
  0 Comments

Recommended Procurement Webinars for October 31 – November 4

Recommended Procurement Webinars for October 31 – November 4

This is an incredibly busy week for procurement and supply chain webinars! The end of 2016 is filling up fast. In fact, there are only really 7 weeks left in the year once you subtract the weeks of Thanksgiving and Christmas. Click on the title of each webinar below to view the full description and register or visit the BMP events calendar to see what’s on tap for the rest of the month.

Continue reading
  2482 Hits
  0 Comments

Vetting Procurement Talent

Vetting Procurement Talent

Special thanks to longtime BMP friend Charles Dominick, SPSM3 of the Next Level Purchasing Association for this guest post.

Welcome back to this series on improving procurement capability.  In the previous post of this series, I covered how to find candidates for your procurement jobs.  But finding procurement talent is easier than whittling the talent pool down to that one, perfect candidate.  Let’s talk about how you do that.

Behavioral interviewing has become a classic interviewing technique.  According to Virginia Tech University, behavioral interviewing is “a technique used by employers to learn about your past behavior in particular situations…Past behavior is a better predictor of future behavior than is speculation” about how a candidate would act in a hypothetical future situation.

Continue reading
  3902 Hits
  0 Comments

Sourcing Procurement Talent

Sourcing Procurement Talent

Special thanks to longtime BMP friend Charles Dominick, SPSM3 of theNext Level Purchasing Association for this guest post.

As a procurement professional, you need to be good at finding suppliers who work out as good or better than you predict.  As a procurement leader, you need to be good at finding employees who work out as good or better than you predict.  In this post, I’ll share some traditional and not so-traditional ways to find high-potential procurement talent.

Continue reading
  3280 Hits
  0 Comments

Best Procurement and Supply Chain Webinars 7/25 - 29

Best Procurement and Supply Chain Webinars 7/25 - 29

If you’re looking for something new to get you through the dog days of summer, check out this week’s schedule of procurement and supply chain webinars. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

Continue reading
  2565 Hits
  0 Comments

Best Procurement and Supply Chain Webinars 2/22 - 26

Best Procurement and Supply Chain Webinars 2/22 - 26

We have another ProcureCon event running this week – this time in Orlando, FL. For anyone not traveling to the Sunshine State, there are a full DOZEN webinars being held, half of which are on Thursday. I’ve recommended four below and provided my reasoning. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

 

Continue reading
  2714 Hits
  0 Comments

Webinar Notes: The Future of Procurement – The Human Challenge

Webinar Notes: The Future of Procurement – The Human Challenge

This week’s webinar notes are from a February 3rd webinar hosted by SAP Ariba and presented by Ed Cone at Oxford Economics and James J. McDonald and Luisa Gonzalez at COACH. The event is available on demand here.

 

Continue reading
  3275 Hits
  0 Comments

Best Procurement and Supply Chain Webinars 2/1 - 5

Best Procurement and Supply Chain Webinars 2/1 - 5

We kick off the month of February with a strong, diverse week of webinars. The three that I have chosen to recommend have their finger on the pulse of procurement: 3rd party risk, the future of procurement, and BPO. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

 

Continue reading
  2228 Hits
  0 Comments

Webinar Notes: Putting Strategy into Action: A Roadmap for Procurement in 2016

Webinar Notes: Putting Strategy into Action: A Roadmap for Procurement in 2016

This week’s webinar notes are from a January 27th event hosted by BravoSolution and presented by Sigi Osagie (author of ‘Procurement Mojo’) and Peter Smith (Managing Director, Spend Matters UK/Europe). Once the event is available on demand, it should be available here.

Continue reading
  2926 Hits

Webinar Notes: 10 Steps to Unlock the Power of Procurement

Webinar Notes: 10 Steps to Unlock the Power of Procurement

This week’s webinar notes are from a November 19th event hosted by BravoSolution and presented by Mickey North Rizza, their VP of Strategic Services and former AMR Research/Gartner analyst. As of December 2nd, the event was not yet available on demand on their website. In the meantime, BravoSolution does have a whitepaper with the same title written by North Rizza if you are interested in more. Click here to download it.

Continue reading
  4966 Hits
  0 Comments

Best Procurement and Supply Chain Webinars 11/30–12/4: The Topics and Speakers You Didn’t Know You Were Waiting For

Best Procurement and Supply Chain Webinars 11/30–12/4: The Topics and Speakers You Didn’t Know You Were Waiting For

Last week, we unexpectedly had a full slate of webinars – this week the topics and speakers are unexpected. Take this opportunity before the year runs out to attend one of these unique events.  Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

Continue reading
  4402 Hits
  0 Comments

Best Procurement and Supply Chain Webinars 11/23 – 11/27: A Veritable Feast of Talent and Value

Best Procurement and Supply Chain Webinars 11/23 – 11/27: A Veritable Feast of Talent and Value

I thought for sure that this week would be devoid of events – between last week’s early schedule and the Thanksgiving holiday in the U.S. on Thursday. To the contrary, there is a full slate of webinars on a series of hot procurement topics. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

Continue reading
  5290 Hits
  0 Comments

BMPLogo