On a recent call to discuss top trends in 2010, Chris Sawchuk of the Hackett Group said that procurement departments in many companies are looking to beef up their talent this year. It seems that the value of strategic-minded, savvy procurement pros became more clear during this brutal recession, where extracting value for every penny [...]

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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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While the past 12 months represent the most trying economic climate since the Great Depression with hardships experienced seemingly around every turn, from a strategic sourcing perspective, the recession can best be summed up in one word - opportunity. With commodity prices plummeting almost across the board and suppliers desperate for business, the strategic [...]

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In December, we posted some of the responses to a question that was getting a lot of attention in the Strategic Sourcing & Procurement Group on LinkedIn:
“What is the major reason as to why Procurement Managers are reluctant to provide feedback or feedback is minimal after a bid process?”
If you missed Part 1, you can [...]

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For the past few weeks in the Strategic Sourcing & Procurement Group on LinkedIn, members have been debating:
“What direction do you think buyer-supplier relationship is likely to move in the future?”
Lots of perspective, opinions and advice. A few of the highlights …

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