If you read Chris Haydon’s blog Is It Time For Standards?, one of his main points was not pushing complexity down to your suppliers. Complexity in the supply chain is not a new phenomenon, but it tends to get magnified when economic conditions start eating away at your profitability.
The True Culprits
If you want to go [...]
Continue reading about Battling Complexity in the Supply Chain
In my last post, I talked about accurate, timely and relevant data being the key to the procurement professional’s effectiveness and how having the right data analysis tool is now vital for most procurement tool bags.
As I mentioned before, there are two groupings of data analysis systems on the market so it is important to [...]
Continue reading about The Technology of Procurement – Part 2: The Alpha and Omega – Data Analysis
A while back I wrote about how natural evolution of Software as Service (SaaS) or cloud computing was positioned to become the savior for procurement managers in this economic downturn.
Now Mickey North Rizza, the resident supply chain guru at AMR Research has forecasted that this trend will see a significant growth rate in the coming [...]
Continue reading about From AMR: Will SaaS Be the Economic Bailout Plan for CPOs?
I ran across a very interesting and timely blog the other day via Sourcing Innovation that really nailed the typical conventional economic crisis thinking and why it is absolutely the wrong strategy right now.
The title of Jim Tompkins’ (of Tompkins Associates) blog for Supply Chain Brain was Cut, Cut, Cut is Not a Strategy for [...]
Continue reading about Cutting across the board is not a strategy for reducing supply chain costs
The scenario is known: corporate consolidation via merger and acquisitions, a global economic slowdown, and a crunch in resources.
The world’s Supply Chain may have reduced its throughput, but on one side companies more than ever need to be able to source from the most adequate vendors and be smart about their spending. On the other [...]
Continue reading about Can Performance Management Transform Your Business? (Part 1)