The April ISM-New York Report on Business: Searching for the Bottom https://t.co/85of1J8hgx
Recommended Procurement Webinars Oct 19-23: Third Party Risk, Lasting Supplier Diversity, Resilience v. Immunity
If you are planning your procurement webinar schedule beyond this week, I recommend “Digitally-enabled people for insight, resilience, and innovation” from Tradeshift and Spendency on November 10th. 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. Managing Third Parties in a High-Risk Environment (Coupa, Deloit...
Negotiating with Indices
Author: Tinamarie Rintye, Former Project Analyst at Source One Management Services, a Corcentric Company, now the Manager of Distribution and E-commerce at Esteé Lauder Editor’s note: This article is part of the MyPurchasingCenter content archive. It was originally published in 2015 and appears here without revision. An Index price is a weighted average of the prices of a select basket of goo...
Book Review: Bad Buying
Bad Buying: How organisations waste billions through failures, frauds and f*ck-ups by Peter Smith offers so many prime examples of ‘bad’ buying, that if you weren’t in procurement, you might question whether ‘good’ buying even existed! Fortunately, his real-life examples cover such a broad range of sectors, geographies, and industries, that even those of us in procurement all get at least one oppo...
The September 2020 ISM-New York Report on Business: Continued Adjustment to Uncertainty
Click here to view the full report: 2020_ISM-New_York_September_ROB_v02.pdf Report Rundown Current Business Conditions gained back the losses reported in August, increasing 13.2 points from 42.9 to 56.1 in September. This is much like the increase reported (and then lost) from May to June. This index reflects the largest change seen in this month's report. The Six-Month Outlook fell fr...
Can Appreciative Inquiry Work for Purchasing?
Most purchasing professionals have never heard of appreciative inquiry. It is a systematic discovery process to search for what is best or positive in an organization or its strengths. These strengths are then improved upon to create an even stronger and more dynamic organization. Implementing change remains positive and thus springs from an organization’s strengths, not its weaknesses, or deficie...
A Tough Talk: Identifying Dysfunction to Clear the Way for New Ideas
Editor's note: This content is from the MyPurchasingCenter content archive. It was originally published in 2015 and appears here with technical edits and minor revisions to reflect the passage of time. As Moore explains, in organizations there is competition, or internal friction, that works to help the organization improve. That friction usually shows up as challenges different parts of the organ...
Kelly Barner's Latest Industry Writing
Twitter @BuyersMeetPoint
RT @mypurchasing: Read this post for a few key areas to consider when developing a strategy to negotiate an index-based price or service wh…
