On behalf of all of the Supply Excellence contributors, we’d like to wish everyone a very Happy Holidays!
Hopefully over the next few days, you’ll have a chance to turn your attention to family, friends, food … and football, rather than spend management. Although with this story about colleges cutting back on their travel spending for [...]

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Last week, Peter Smith, VP at Citi Global Transaction Services, hosted the webinar “Leading Strategies in Cash Disbursements” and presented some very interesting findings (replay here). Recent research by Citi shows that we are coming into a ‘recovery’ period, with the markets rewarding companies with high liquidity ratios. To hasten time to recovery, [...]

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The Sunday New York Times reported on a surge in temp labor hiring. Indeed, the November temporary labor hiring numbers were relatively strong. To quote the Times:
“Last month 52,000 temps were added, greater than the number of new workers in any other category. Not even health care and government, stalwarts through the long recession, did [...]

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Our friend Dr. Uwe Schulte has an interesting approach to Supply Risk that he articulates over on Procurement Leaders. From his real-world experience in dealing with this issue, Dr. Schulte’s advice is both timely and definitely worth heeding.
There two important points here:

We’re hearing from many quarters that you can’t let up on Supply Risk [...]

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A sales manager recently asked the Strategic Sourcing & Procurement Group on LinkedIn:
“What is the major reason as to why Procurement Managers are reluctant to provide feedback or feedback is minimal after a bid process?”
Indeed companies are often reluctant to help suppliers learn from their “mistakes”. But why? Is it a philosophical, policy or resources issue? [...]

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