Few would deny that spend management has taken hold and earned it’s place at the table in the C-Suite of large companies. But in the mid-market (<$2 billion in annual revenues), adoption of the principals and tools of the “big companies” has been slower to take hold. In fact, we recently conducted a survey of [...]

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There are few issues in American politics and business where tensions have been as lasting or as passionate as immigration. The last few years have seen a massive rise in the prosecution of undocumented workers and their employers. And while the evolution of regulations and enforcement hinges on the election, public opinion and more [...]

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We recently covered pharmaceutical companies sourcing API (active pharmaceutical ingredients) from low-cost countries and the potential risks that accompany the trend. But I came across a video of Columbia Business School Professor Noel Capon interviewing Merck’s Howard Richman that covers a far different pharma procurement angle - the company’s indirect spend success story.

Richman, Merck’s Executive [...]

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You’ve got to give Charles Dominick credit for the most interesting way to gather the success stories of some of procurement’s best and brightest. The Purch-lympics had his blog’s readers competitors submit essays on purchasing and supply management subjects then work their way through competitive rounds of heats and semi-finals where other readers chose their [...]

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For every procurement department success story (you know, the one about rising up out of the company basement to a level of respectability and influence) there are many, MANY more still struggling to gain traction, attention and results. Jim Polak, General Purchasing Director at PPG Industries, is responsible for steering his department from the latter [...]

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