March 29 – April 2: eAuctions, Supplier Experience, Mitigating Risk with AI

In addition to the events recommended below, this week also marks the release of the March ISM-New York Report on Business. We’ll be looking to see what kind of note the New York Metro area ends Q1 on...
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Book Review: A Practical Guide to e-Auctions for Procurement

“Technology is the easy part. It is always the people who apply the tools who make a difference.”  - Jacob Gorm Larsen, A Practical Guide to E-Auctions for Procurement, p. 7   When Jacob Gor...
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Keeping Procurement Moving at the Speed of Modern Communications

Many thanks to the Market Dojo team for their cooperation and collaboration on this post - proof that they have attention spans longer than goldfish. 

 

Everywhere you look, there is evidence that the pace of the world is picking up. We share our status instantly in 140 characters or less. Meetings are routinely scheduled for 30 minutes rather than an hour. We check email, make phone calls, catch up on the news, etc. while walking from one place to another so we are fully informed when we arrive. Saying, “Oh, I hadn’t seen that yet...” is likely to be received with skeptical looks and rolled eyes.

 

As an active part of this constantly updating, clipped environment, procurement professionals need to be aware of the general pace of interaction between people and organizations. We have to be both purposeful and accurate if we are going to hold people’s attention long enough to get from them what we need.

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