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Making the Case for Libertarian Procurement (Procurious)

Posted on the Procurious blog on July 10, 2018

Technology and consumer expectations have advanced to the point where we can consider the possibilities of ‘Libertarian’ procurement, an approach to spend management and compliance that nods to the free will of buyers whenever possible, even if it means giving up some of the ‘control’ traditionally associated with spend management. Libertarian procurement might include:

  • Allowing distributed buyers with strategic experience and category expertise to run their own sourcing projects.
  • Evaluating the suitability of a full sourcing project on a case by case basis (I.e. sometimes when a buyer requests to contract with a specific supplier, they have already done their homework and procurement should just support them).
  • Balancing supplier performance metrics with qualitative approaches to recognizing their total value contribution.

Click here to read the rest of the article.

A Declaration of Supply Chain Independence (ATSC Blog)

Posted on the ATSC blog on July 3, 2017

Every year on July 4th, the United States stops to remember and celebrate the 1776 signing of the Declaration of Independence by Congress. Some parts of this historical document are burned into our national consciousness: the color of the aged parchment, the big beautiful ‘John Hancock’ at the bottom, and of course the defining statement, “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

On the other hand, few people remember another important line, buried deep in the document in a list of ‘facts’ presented to the world in justification of the Colonies’ history-altering step:

“For cutting off our Trade with all parts of the world”

Beyond the desire to be self-governed, global supply chains played a critical role in the American Colonies’ decision to break away from Great Britain, something that gives modern supply chain professionals a direct connection to their Colonial predecessors.

Click here to read the rest of the article.

Common Misconceptions About the Summer Supply Chain (ATSC Blog)

Posted on the ATSC blog on June 25, 2018

As we enter the summer months, professionals all over the globe start to prepare for one of the slowest times of year. Some people take extended, multi-week vacations or sabbaticals while others work shorter days or leave early on Fridays. This personal downshift might make it easy to assume that our supply chains are also ready to take it easy.

And yet – the summer is actually one of the busiest times of the year for freight.

Freight is considered a leading indicator for the economy, and for good reason: goods have to be in place (or at least in distribution centers) before they can travel the final mile and be sold or delivered. This means that while many of us are ramping down for a few months, logistics activity is heating up along with the weather.

Click here to read the rest of the article

Overcoming Non-Productive Friction in Procurement

Included in a whitepaper published by Source One Management Services, a Corcentric Company

When we talk about procurement transformation, we typically focus on two areas:

  1. The changes we need to make, and
  2. Our vision for the department’s future.

While these are important areas to consider, they neglect an equally critical component of the diagnostic process - a study of the friction between procurement and the rest of the enterprise. When initiating a transformation, procurement needs to focus on the current problems at hand, and nearly every organization can count internal friction among these problems. If Procurement fails to directly and immediately address this friction, transformation efforts have no chance of succeeding.

Click here to read the rest of the whitepaper (no registration required).

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