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 [...]
Entries Tagged as 'Services Procurement'
Vested Outsourcing: Incentivize results, not tasks
February 22nd, 2010 · No Comments · Services Procurement, best practices, contract management, outsourcing, sourcing, supply management
Tags: best practices·contract management·LinkedIn·outsourcing
December ISM Index: What does it mean?
January 11th, 2010 · 1 Comment · Services Procurement, supply management, supply market dynamics, supply risk
This week, the Institute for Supply Management (ISM) released their manufacturing and services numbers for December. The non-manufacturing (services) number came in at 50.1%, which was right around expectations. While it did move slightly into the “growth” region (above 50), it certainly did not blow away the street and indicate that all is on the [...]
Tags: buyer's market·ISM·manufacturing·recession·Services Procurement·SupplyWatch·temporary labor
Seasons Greetings from Supply Excellence!
December 24th, 2009 · No Comments · Services Procurement
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 [...]
Tags: travel
Now Hiring: Temp Hiring Surge Reveals “Wait and See” Approach
December 22nd, 2009 · No Comments · Services Procurement, outsourcing, supply management, supply market dynamics
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 [...]
Tags: buyer's market·manufacturing·recession·Services Procurement·supply market dynamics·temporary labor
Opportunities and Strategies for Contingent Labor
November 20th, 2009 · No Comments · Services Procurement, best practices
Earlier this week, Dan Ashton hosted a webinar (replay here) with speakers from Travelers Insurance and Kelly Services to discuss the current opportunity for driving value in contingent labor procurement. Here he shares some of the key take-aways.
Justin Fogarty is Managing Editor of Supply Excellence. For any questions or feedback on the blog or its [...]
Tags: best practices·Services Procurement·temporary labor·webinar

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