1. 1-24 of 116 // 1 2 3 4 5 »
    1. Projects Fail -- Here Are Four Proven Reasons Why!

      Explore Sourcing Innovation (Jun 5 2014)

      An article over on Outsource Magazine on Project Delusion summarized research from a group that has been tracking UK project management for more than a decade. This group, which has seen budget overrun recently climb from 18% to 27%, investigated the minority of projects that ran more than 200% over original projections. When the causes of deviation from the plan were analyzed, the following major contributors were found:

      (Read Full Article)

    2. Screening Questions to ask Prospective Suppliers

      Explore Sourcing Innovation (May 29 2014)

      A recent article over on Supply Chain Digital on nine crucial questions to ask prospective suppliers was in the right direction when it presented a small set of questions to screen prospective suppliers. Before inviting a supplier to an RFP, the following questions should be included on every RFI: Can we have a copy of your Code of Ethics? If the vendor doesn't have one, or won't give it to you, sound all the sirens and run for the hills.

      (Read Full Article)

    3. Analyzing Indirect Spend ... The Key To Success is to ...

      Explore Sourcing Innovation (May 15 2014)

      Over on Purchasing Insight, your blog-master extraodinaire, Pete Loughlin, recently ran a two part series on Analyzing Direct Spend (Part I and Part II) from Michael Wydra of REL Consultancy. In his two-part series, Michael correctly notes that it is often the case that indirect spend areas provide higher improvement potential that is often easier to realise.

      (Read Full Article)

    4. Procurement Key Issues from the Hackett Group, Part II

      Explore Sourcing Innovation (Apr 20 2014)

      Last month, the Hackett Group, as part of its Procurement Executive Insight series, released its 2014 Procurement Key Issues report on Rethinking How Procurement Defines Its Value, Balances Risk, and Gets the Most from Technology Investments. It had some very interesting findings, including the fact that Procurement in 76% of companies surveyed indicated that a top priority was to expand procurement's scope/influence.

      (Read Full Article)

      Mentions:   Hackett Group

    5. The New Supply Chain Manager - Global and Local

      Explore Sourcing Innovation (Mar 30 2014)

      Supply Chain Digital recently published an interesting piece on three core trends impacting UK supply chain skills in 2014 where they noted that, even across the Atlantic, globalization is taking a new spin. According to the article, complex supply networks are now deployed to offset inventory risk, balancing low production costs of far away places with short-lead time replenishment from factories closer to market.

      (Read Full Article)

      Mentions:   Atlantic   Asia

    6. Can Six Drucker Questions Simplify a Complex Supply Chain? Part I

      Explore Sourcing Innovation (Nov 26 2013)

      A recent post on the HBR Blog Network on Six Drucker Questions that Simplify a Complex Age poses us with a interesting inquiry -- can they simplify a complex supply chain?

      1. What Does the Customer Value?
         SI agrees that regardless of what has happened since his death, Drucker would still be asking this question -- and it would probably be the first question out of his mouth in any business discussion. The tighter times get, the more the customer focusses on what they really need where necessity is concerned and what they really want where discretionary spending, which is limited in difficult ...
      (Read Full Article)

    7. The Evolution of Procurement, and Where It Is Headed

      Explore Sourcing Innovation (Oct 10 2013)

      While strategic sourcing and procurement groups around the globe continue to make headway into new departments and address categories previously off the table, their popularity with business owners and stakeholders has never been lower.

      Headlines and titles like "Everybody Hates Procurement: Here's How To Fix It" and "The End of Procurement, Forever!" and "The Problem with Procurement: Misalignment" seem to pop up every day. I attribute these headlines to the growing pains strategic sourcing and procurement will naturally experience as the role of this group continues to expand and evolve.

       

      (Read Full Article)

    8. Where Do the Savings Lie?

      Explore Sourcing Innovation (Sep 16 2013)

      Inflationary times are back, economic growth is slow, the job-situation hasn't improved much, employers would rather keep a job vacant nine years waiting for the perfect candidate over spending even a single dollar on training, and CFOs are being told to put pressure on Procurement to cut costs to the bone. In other words, despite all the talk in recent years about training, innovation, and value-generation, it's still business as usual at review time.

      (Read Full Article)

    9. How Do You Monitor Your Supply Chain for Disruptions?

      Explore Sourcing Innovation (Sep 12 2013)

      Are you in the top tier of organizations who actively monitor the global news for potentially disruptive events and that identifies those events that will likely disrupt the organization's supply chain before the shockwaves disrupt the chain and cause shipments to be late or missed entirely in first, second, and even third tier suppliers, or do you wait until a shipment is late, Sales is screaming, and then figure out what happened? Be honest.

      (Read Full Article)

      Mentions:   China

    10. Squeezing the Most Out of Your Supply Chain

      Explore Sourcing Innovation (Aug 9 2013)

      Supply chain investment is finally on the rise again, but many companies are finding that effectiveness still declines over time after the introduction of a new solution, be it technology, business process, outsourcing, or some combination thereof. Why is your average supply chain, which, by now, showered by best-of-breed technologies, still not operating at peak efficiency?

      (Read Full Article)

    11. UPS Has An Awfully Simple View of Supply Chains

      Explore Sourcing Innovation (Aug 6 2013)

      A recent article over on Forbes.com presented 3 Ways to Manage A Global Supply Chain from UPS. The article focussed on how to ease the transition when a business is going global for the first time. It gave three pieces of advice:

      • Look to Local Experts
        When expanding internationally, find a partner that is a local market master who can guide you in developing the brand in that market. Whether it's taking the time to seek out the right suppliers, or contracting with a skilled business consultant in the area who can do the same, there's no ...
      (Read Full Article)

    12. Nine Rules for Stifling Supplier Innovation

      Explore Sourcing Innovation (Feb 3 2013)

      Mark Perara recently penned a great post on Nine Rules for Stifling Supplier Innovation. Here are Mark's Nine Rules. 1. Be suspicious of ideas that come from your suppliers - your strategy, innovation and R&D teams know your business better than anyone externally. 2. Keep suppliers really really busy. Change your requirements and staff regularly so suppliers have no time to focus on innovation. Their account managers will be too busy to try and second guess what your business needs as well as not knowing who to speak to.

       ...

      (Read Full Article)

    13. Do We Have to Send CPOs to Disney for Training?

      Explore Sourcing Innovation (Nov 28 2012)

      According to Steve Hall of Procurement Leaders, the CPO's challenge is to re-imagine supply chains. Traditional transformation is just not enough - you have to come up with radically different designs. You have to do for supply chains what Walt Disney Imagineering does for Disney - blending imagination and engineering in a unique way to create unique experiences with their creations.

      (Read Full Article)

      Mentions:   Steve Hall   Disney

    14. Good Advice from HBR on Understanding Suppliers in the Solution Economy

      Explore Sourcing Innovation (Sep 26 2012)

      HBR recently published a post on understanding customers in the solution economy in which they noted that creating new value will require suppliers to combine their expertise with their understanding of their customers' business needs. Which is completely true. They also said that this calls for changes in how B2B companies gather customer intelligence.

      (Read Full Article)

    15. Some Legal Considerations When Outsourcing to India

      Explore Sourcing Innovation (Aug 16 2012)

      A recent article over on Outsource Magazine had a good article on legal considerations when outsourcing to India that addressed core legal issues that should form the basis of your Master Services Agreement when outsourcing to India. The four issues addressed could be very problematic if not covered by your agreement.

      (Read Full Article)

      Mentions:   India   New York   Geneva

    16. Sustainability Requires Shared Understanding

      Explore Sourcing Innovation (Jul 29 2012)

      A recent article on Sustainable Success over on the CPO AGenda discussed three challenges that, when addressed, can lead to success in sustainability efforts. The challenge of tools and transition to better processes is well known, and straight-forward to address. The challenge of recognizing the achievements of supply management professionals is lesser known, but there are a number of techniques that can be used to address this challenge.

      (Read Full Article)

      Mentions:   CPO Agenda

    17. "E" Does Not Change The Fundamental Nature Of Anything

      Explore Sourcing Innovation (Jul 4 2012)

      Purchasing Insight just ran an awesome article by Ian Burdon who talked about the e-wheels on my wagon. Attempting to carefully explain why the e-Procurement debate is at least ten years behind the curve (and that if you're not doing proper e-Procurement by now, you probably just crawled out of a cave somewhere ... or at least that's the doctor's interpretation), he makes a great point that has been often missed in the internet age that must be repeated: ...

      (Read Full Article)

    18. For a Good Lesson in e-Procurement System Selection, Ask Discount Tires.

      Explore Sourcing Innovation (Jun 25 2012)

      This winter, Chief Executive ran an article on The Synergy Mirage: A Case Study that had a great lesson for every Supply Management team looking to select an e-Procurement system with the intent that anyone in the organization who wants to order something will use it. The lesson was simple: Customers don't want to buy new tires. They need to buy new tires. It's expensive and it takes time out of their day. As a competitor, [Chairman] [Bruce] Halle benefited from making the process somewhat less expensive and taking less of the customer's time. He also ...

      (Read Full Article)

      Mentions:   Atlantic   Ariba   SAP

    19. It used to be that Doctors made Life and Death Decisions. Now Supply Managers do too!

      Explore Sourcing Innovation (Jun 24 2012)

      This recent CSR briefing over on the CPO Agenda on when good procurement can be a life and death factor is great food for thought as it points that not Supply Management is more then just sourcing and procuring, it's also also sustaining and securing -- in more ways than one! Focussing on how the early 2000s saw several incidents where hospital patients inadvertently received excess doses of their drugs that resulted in fatalities, the article pointed out how a poor selection of IMDs (Interactive Medical Devices) that didn't do anything to prevent common human errors was ...

      (Read Full Article)

      Mentions:   IMF   CPO Agenda

    20. You need a Platform that Supports Sustainability

      Explore Sourcing Innovation (Jun 20 2012)

      I think we can all agree that sustainability is important - very important. You might be in business to make money, but the only way you're going to make money is if you stay in business. The only way you're going to stay in business is if you're sustainable, because, otherwise, you risk running out of resources, money, or, and I'm not kidding, customers. The earth is finite, so it stands to reason that there is only a finite amount of any resource. A company has a finite amount of money, and wasting ...

      (Read Full Article)

    21. What Elements Are Truly Necessary To Prevent Missing Links in Your Supply Chain?

      Explore Sourcing Innovation (Jun 18 2012)

      A recent article in Canadian Transportation & Logistics that asked where the missing links in your supply chain are did a great job of of pointing out that when it comes to supply chains, what you see is what you get. And it often is the situation that the more you can see into the chain, the more benefits you can receive. It also hit the nail on the head when it noted that the ability to view timely, accurate information from the beginning of the chain to the end is essential for: ...

      (Read Full Article)

    22. Bravo to CPO Agenda for Pointing Out That Charging Suppliers to Bid is a Really Bad Idea!

      Explore Sourcing Innovation (Jun 4 2012)

      As I've told everyone who has ever asked, charging suppliers to bid is a really bad idea. Not only does it generate ill-will, but as this recent article over on the CPO Agenda that gave tips for understanding why charging suppliers to tender is a bad idea noted, it could even be illegal. But let's take the tips one-by-one because it seems that this practice, which started rearing its ugly head at the start of the recession, is still trying to push through. It is Counter-Productive ... (Read Full Article)

      Mentions:   CPO Agenda

    23. How Much Does That Enterprise Supply Management Solution Really Cost, Part II?

      Explore Sourcing Innovation (May 24 2012)

      In yesterday's post, we asked how much an enterprise supply management solution really costs because the up-front license cost or annual subscription fee is only one part of the puzzle -- and until the full puzzle is understood, it's hard to figure out what the true cost is and, ultimately, what's the right solution for the organization. The difficulty is the plethora of license models, and add-on fees, that have been invented by on-premise and SaaS/Cloud vendors over the years in an effort to get a leg-up on their competition (and a siphon ...

      (Read Full Article)

    24. Have You Reached the Summit of Cost Cutting?

      Explore Sourcing Innovation (May 7 2012)

      Cost cutting has been a major focus of your average Supply Management organization for most of the decade. A few efforts have been focussed on the long term, but the majority have been short-term efforts. And this is not a good thing, because, as Patrick Dunne of Alliance Boots said in a recent article over on the CPO Agenda everything has to be a long-term activity.

      (Read Full Article)

      Mentions:   SAP   CPO Agenda

    1-24 of 116 // 1 2 3 4 5 »