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 [...]

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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 [...]

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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 [...]

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We recently stirred up some interesting debate over risks and legal contracts, specifically regarding balancing risk and whether or not companies are actually protecting against the right kind of risk (or introducing risk and losing opportunities in the process). But we truly touched a nerve with a post quoting a presentation where a procurement leader [...]

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Tim Cummins, President & CEO of IACCM, discussed their organization’s recent survey results, which found a majority in contract/legal roles feel their company does not focus on the right types of risks.

***The video interviews from the NY, Chicago, San Francisco and London Ariba LIVE World Tour events are now in a playlist on YouTube.***
Justin [...]

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