I thought we might try something different this Friday and if it works perhaps turn it into a regular feature here. The news often tells the story of spend management efforts gone awry … or worse yet … a total lack of spend management! Thus is the case with the Air Force’s attempt to award [...]
Entries from October 2009
Friday Homework: What’s wrong with this bid process?
October 30th, 2009 · 2 Comments · best practices, sourcing, supplier management
Tags: best practices·Friday homework·procurement·regulations
T&E: Stop picking weeds and look at the forest
October 29th, 2009 · 2 Comments · Services Procurement, best practices, spend analysis
Monday the New York Times ran an article on the “new state of normal” in terms of corporate travel. Many companies have tightened their controls over travel spend during the recession and are unlikely to loosen the reigns in the recovery. And according Directravel’s Vince Vitti, who is quoted throughout the article, companies should accomplish [...]
Tags: best practices·indirect spend·procurement·travel
Hope for the Best, Plan for the Worst
October 28th, 2009 · No Comments · best practices, enviro/social sustainability, supply management, supply market dynamics, supply risk
At the Atlanta Spend Management Day yesterday, Kurt Albertson, Director of Advisory Services with The Hackett Group, examined past predictions and gave some new insight into 2010 predictions and beyond.
According to Hackett’s forecasts from July 2008, the 2009 economy was going to create the “perfect storm.” It was a time to secure up supply, highlight [...]
Tags: events·predictions·procurement·recession·Spend Management Days·supply risk
Help the kids! Final push for DonorsChoose.org Social Media Challenge
October 27th, 2009 · No Comments · enviro/social sustainability
The DonorsChoose.org Social Media Challenge is in its final week and it’s been a huge success thus far. All together, over 300k has been raised from nearly 4,000 donors. Best of all, due to DonorsChoose.org’s model - where donors give directly to individual projects posted by teachers - we know that 94,609 students have been [...]
Tags: DonorsChoose·education·procurement
Hackett’s Chris Sawchuk on becoming the “customer of choice”
October 26th, 2009 · 1 Comment · best practices, supplier management, supply management, supply market dynamics, supply risk
After his presentation in Boston last week, Chris Sawchuk expanded on his recommendation that procurement departments focus on becoming the “customer of choice” in anticipation of the economic recovery and tightened supply.
I’m very curious to hear from Supply Excellence readers. Do you feel the need to mend fences with key suppliers due to your cost [...]
Tags: best practices·procurement·recession·Spend Management Days·supplier management·supply market dynamics·supply risk

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