Toyota consistently ranks among the most respected global corporations and is well-known for their manufacturing prowess and strong supplier ties. That’s exactly why this week’s news about the accelerator problems for 4 million vehicles came as a shock to so many of us. The impact of this episode will be long-term, far-reaching, [...]

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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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Last week, Peter Smith, VP at Citi Global Transaction Services, hosted the webinar “Leading Strategies in Cash Disbursements” and presented some very interesting findings (replay here). Recent research by Citi shows that we are coming into a ‘recovery’ period, with the markets rewarding companies with high liquidity ratios. To hasten time to recovery, [...]

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A sales manager recently asked 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?”
Indeed companies are often reluctant to help suppliers learn from their “mistakes”. But why? Is it a philosophical, policy or resources issue? [...]

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Coming out of the global economic crisis, a new business climate is taking shape that will permanently change the way organizations need to deal with Buyer-Supplier Relationships. The old normal was a world where credit was freely available. In the new normal credit will no longer be easy and we’re going to face an [...]

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