Learning to Work with Machines That Learn What the Experts Know
It is no secret that future generations of managers are being asked to learn all about the different processes in the end-to-end supply chain, and be able to come together with others in a fast action plan when a disruption […]
Can Sales and Procurement Ever be BFF's?
The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. The issue at the core of […]
Procurement Leaders Blog Post: Cross-Functional Teaming is Easier Said Then Done
Continuing my reporting of the Procurement Leaders meeting in Miami, I sat in on a very interesting session that included three professionals from very different walks of life: Captain Harry Thetford – Defense Logistics Agency Robin Shahani – CPO, TD […]
Procurement Leaders '17: Supplier enabled innovation is a foundation for procurement's strategic repositioning
I had the opportunity to sit in on a number of sessions at Procurement Leaders American Congress 2017 in Miami this week. Despite the snowstorms that prevented many from making it down, there was a full house at the opening […]
SCRC Meeting: Mapping the Road Ahead in a Time of Daily Disconcerting Tweets
This week we announced the theme of our upcoming Supply Chain Resource Cooperative meeting. The theme of the meeting, “Mapping the Road Ahead in Uncertain Times”, brings together a number of industry experts to share insights and develop some thoughts […]
How does procurement evaluate outsource providers?
In the RFQ process, procurement should ideally be transparent about answering this question. Too often, however, the sales team at suppliers providing the bid have to “guess” at what they think will be important. The Request for Quote process, if […]
Best Practice: Creating a Governance Mechanism for Analytical Learning in Organizations
I recently interviewed a large semiconductor company that developed a cross-enterprise initiative to drive analytical learning across its entire supply chain. The company established a supply chain IT organization that reports up to the CIO. It focuses on leveraging the corporate […]
Red Flags that Every Supplier Business Development Team Knows to Look For
One of the most important elements suppliers seek to avoid involves participation in an RFP when there is a low probability of success. Procurement people think that every supplier will go after every RFP they put out. Think again . […]
Why do high quality suppliers pass over big RFQ/RFPs?
In a recent discussion, a large supplier of services shred that they fail to respond to almost 50% of every RFP that comes their way! This insight was very surprising to procurement executives we spoke with….few could believe that sales would […]
Post-mortem on Christmas Logistics Chaos: On Customer Commitments and Transparency
As we look back on the chaos that erupted during the pre-Christmas rush, discussions with executives suggest that there is still a long way to go. Most logistics companies are still far from being able to fully integrate data and […]