Now Playing on BMP Radio: #Negotiating for the Unknown: Buying Emerging Technologies with Mark M. Bilgin… https://t.co/TWOTbwnznG
Book Review: Fundamentals of Risk Management (5th Ed.)
In the Introduction, the author explains that the book was designed to support the curriculum of the Institute of Risk Management (IRM) certificate in risk management. That may explain any of the sections that read a bit ‘stiff’ or ‘cut and dry’ given the complexity and subjectivity of modern supply chain uncertainty. Fundamentals of Risk Management makes clear that -like other enterprise initiat...
Recommended Webinars June 18-22: Securing Supply Networks, From Procurement to Finance with Love, Managing IT Business Spend
Enhance your SRM processes and technology to protect and secure your supply network (ISM, riskmethods) June 19th, 12n ET If you think your current risk management programs are a response to the broad challenges of supply chain uncertainty, you may want to dig a little deeper. As pointed out in the description for this webinar, most of today’s risk management programs were established in re...
Exploring DaaS: Device As A Service
More recently, as-a-Service nomenclature has begun to permeate the marketing materials of IT hardware Original Equipment Manufacturers (OEMs), taking the form of Device-as-a-Service (DaaS). Large OEMs such as Dell and HP are pushing their Value-Added Reseller (VAR) partners and corporate customers toward this new business model. For an industry which has until very recently adhered to traditional...
Setting the Foundation: Preparing Spend Data for a Procurement Metrics Program
Clean data is critical in ensuring that the spend volumes, inventory, and supplier information used to calculate metrics are true representations of the current state. Beginning a sourcing initiative or formulating a strategy with incorrect data can lead to missed cost savings opportunities, or worse, execution of a resource-intensive project with results that cannot be implemented. To get your m...
Survey Chair Commentary: The May ISM-New York Report on Business
Report Rundown Current Business Conditions were at 56.4 in May, down from 64.3 in April. The Six-Month Outlook rose to a four-month high of 66.9 in May, up from 58.4 in April. The six-month outlook has been a reliable short-run guide for current business conditions over time. Employment, a seasonally adjusted index, stayed just above the breakeven point by coming in at 50.2 in May, down fr...
Confronting Mr. Drucker: Are you getting what you need from your metrics?
Peter Drucker, the founder of modern management, has famously been quoted as saying that “you can can’t manage what you can’t measure”, and that is true. But it is not an exclusive truth. Here are a few other statements that are equally true: Just because you can measure something doesn’t mean it is important. Just because you can measure something doesn’t mean it is the right place to foc...
Kelly Barner's Latest Industry Writing
- Overcoming Non-Productive Friction in Procurement
- Forget Everything You Know About Strategic Sourcing (Determine)
- Gaining Entrepreneurial Experiences In An Enterprise Environment (Procurious)
- Strategic Procurement in the Post-Sourcing Era (Determine)
- Coverage of the April 2018 ISM-New York Report on Business
Twitter @BuyersMeetPoint
Now Playing on BMP Radio: #Negotiating for the Unknown: Buying Emerging Technologies with Mark M. Bilgin… https://t.co/dDmHXTzBqd
New book Fundamentals of #RiskManagement (5th Ed) by Paul Hopkin makes clear that risk management changes and evolv… https://t.co/TLNxQWHuqE
