When I say “casino”, what’s the first thing that comes to mind?
Probably for most of you, it’s money. Actually more like MONEY. Money being spent, won and lost at breakneck speed. And although you’ve possibly had trips to Vegas where you were up against The House (and ask a gambler, and they’ll always tell you [...]
Entries Tagged as 'contract management'
RFPs for Magicians and Exploding Pirate Ships?
February 26th, 2010 · No Comments · best practices, contract management, costing, sourcing, spend analysis, supplier management, supply management, supply market dynamics, supply risk
Tags: best practices·contract management·recession·sourcing
Vested Outsourcing: Incentivize results, not tasks
February 22nd, 2010 · No Comments · Services Procurement, best practices, contract management, outsourcing, sourcing, supply management
Friday’s group discussion on Vested Outsourcing led by University of Tennessee faculty member Kate Vitasek went very well. For anyone unfamiliar with her work, Kate literally wrote the book on Vested Outsourcing, a model that utilizes incentives to create more strategic relationships between buying organizations and their outsourcing vendors. So when she stepped up and [...]
Tags: best practices·contract management·LinkedIn·outsourcing
“What I learned (about spend management) this summer”
August 28th, 2009 · 1 Comment · AribaLIVE, best practices, contract management, supply risk
It’s back to school season for those of us with kids. And as we all know, a critical part of the first week of every school year is the back to school essay on “what I did this summer.” Rather than ask Supply Excellence readers to retell their tales of bocce ball, beaches and overpriced [...]
Tags: best practices·education·process efficiency·spend management·supply risk
“Instant Amnesia” Poses Risk During Economic Recovery
August 25th, 2009 · No Comments · best practices, contract management, sourcing, spend analysis, supply risk
Editor’s note: Last week, we ran a post asking for input on the potential supply chain challenges companies will face during the economic recovery. Several influential and visionary people in our field provided some great insights, including Jeff Onesto, Gerard Aldridge, and Jon Hansen. But I think the response from Jeff Gordon, founder of the [...]
Tags: best practices·procurement·recession·sourcing·supply risk
Fraud Risks (and how Contracts can help)
July 21st, 2009 · No Comments · best practices, contract management, sourcing, supplier management, supply management, supply risk
A Supply Excellence reader emailed me last week after reading some of our posts on managing supply risk. As Neil Tyson, Owner of GnT Fraud Solutions, pointed out, we have not discussed the risk posed by fraud. Neil was kind enough to agree to share his insights on the topic here on the blog:
“Firstly the [...]
Tags: contract management·legal·spend visibility·supplier management·Supplier Performance Management·supply risk

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