Last week, we had a tremendous turnout to the Myths, Pifalls and Realities around Services Procurement webinar (click here for the replay) and there were some follow up questions from attendees that I thought everyone might be interested in. Please feel free to comment and add your insights.
Q: “Can you provide your position on whether [...]
Q&A from Webinar “How is a VMS different from a Services Procurement Solution?”
November 2nd, 2009 · No Comments · Services Procurement, best practices
Tags: process efficiency·procurement·Services Procurement·webinar
Kraft cleans out its own kitchen cupboard
September 14th, 2009 · 1 Comment · best practices, enviro/social sustainability, sourcing, supplier management, supply management, supply market dynamics, supply risk
Kraft’s announcement last week that it is planning a dramatic rationalization in its supply base as part of a comprehensive purchasing review is a savvy spend management move on multiple levels and provides the opportunity for many layers of short- and long-term benefits.
Re-negotiating supplier agreements as part of a broader initiative provides an opportunity to [...]
Tags: best practices·buyer's market·process efficiency·procurement·supplier management·Supplier Performance Management·supply risk
Bridging the Divide Between (Working Capital) Have’s and Have Not’s
September 1st, 2009 · No Comments · best practices, supplier management, supply management, supply risk
As the Wall Street Journal reported today, the gap continues to grow between the have’s and have nots when it comes to liquidity.
Companies with annual revenue of more than $5 billion sped up their collection of cash from customers while slowing their own payments to suppliers. Firms with less than $500 million in annual sales, [...]
Tags: process efficiency·supply chain finance·supply risk
“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
GM Cancels the “Vuick” and Gets Nimble
August 26th, 2009 · No Comments · automotive sector, best practices, supplier management, supply market dynamics
I stirred up a bit of an emotional hornets’ nest last week when I posted on GM’s steps in the right direction with their eBay sales portal and plans for a $4,000 car (my personal favorite comment was on the syndicated version of the post on Seeking Alpha). Brace yourselves for more volatile dialogue, because [...]
Tags: automotive sector·process efficiency·procurement·recession

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