Tim Cummins of IACCM recently did an excellent job summarizing an often-discussed topic in contracting circles - who owns the contract management function?
“It depends” is the obvious answer, but Tim provides some excellent insights and points to think about including:

The nature of your business and scope of contracting within it will have an impact
Who is [...]

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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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David Chameli, associate general counsel at Sears, would have won the prize for best presentation title at the IACCM conference last week with his talk, Columbus was wrong, the world is flat - so let’s get to work! Although he touched on many benefits and risks of globalization (a topic he obviously handles daily as [...]

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The panel discussion on Risk Management at IACCM Americas yesterday focused on addressing the threats organizations face in the current economy. But perhaps the most interesting take-away wasn’t that sourcing, procurement and contracts professionals have an increasing role to play in risk management efforts. Instead it was a comment from Mark McDaniel, CPO of Conoco [...]

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