Supply Excellence

Hope for the Best, Plan for the Worst

October 28th, 2009 · No Comments · best practices, enviro/social sustainability, supply management, supply market dynamics, supply risk

At the Atlanta Spend Management Day yesterday, Kurt Albertson, Director of Advisory Services with The Hackett Group, examined past predictions and gave some new insight into 2010 predictions and beyond.
According to Hackett’s forecasts from July 2008, the 2009  economy was going to create the “perfect storm.” It was a time to secure up supply, highlight [...]

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Hackett’s Chris Sawchuk on becoming the “customer of choice”

October 26th, 2009 · 1 Comment · best practices, supplier management, supply management, supply market dynamics, supply risk

After his presentation in Boston last week, Chris Sawchuk expanded on his recommendation that procurement departments focus on becoming the “customer of choice” in anticipation of the economic recovery and tightened supply.

I’m very curious to hear from Supply Excellence readers. Do you feel the need to mend fences with key suppliers due to your cost [...]

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Bigger Savings Goals in 2010 (but few have plans to reach them)

October 22nd, 2009 · 1 Comment · best practices, spend analysis, supply market dynamics

Another interesting take-away from Chris Sawchuk’s presentation at the Boston Spend Management Day earlier this week was his insight into what’s in store for most companies in 2010. According to Chris, the Hackett Group’s interviews with procurement pros have revealed that the vast majority of companies (I believe he said around 80%) reported they’ll have [...]

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Post-Recession, will you be more efficient? More effective?

October 21st, 2009 · 3 Comments · best practices, events, sourcing, supplier management, supply risk

I attended Spend Management Day in Boston yesterday. Lots of great presentations, roundtables and insights that I’ll do my best to share in the coming days. Hackett Group procurement practice leader Chris Sawchuk teed up the day well with his talk on the wild ride we’ve all experienced in the last 18 months and how [...]

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Eliminating Rogue Purchasing

February 2nd, 2009 · 2 Comments · best practices, spend analysis, supplier management

In procurement, we often hear of efforts to eliminate rogue or maverick spend by employees who simply won’t budge on their purchasing processes. There are obvious problems with these purchasing rogues, including the failure to leverage purchasing power, little oversight, poor tracking, and labor intensive paper trail to process expenses. And with large dollar estimates [...]

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