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Sourcing Innovation: Can Cost Management On Its Own Be Strategic?
A recent issue of eSide Supply Management published a piece on Strategic Cost Management and the Supply Base that, while full of good advice, might be misleading to an up-and-coming Supply Management practitioner who needs to be set on the right road early on. However, before I can explain, let's
Buyers Predict Higher Travel Budgets, Prices ... But Also Bigger Discounts, Tight Spend Management
We've all heard what the industry analysts and experts predict for < a href= " http://blog.starcite.com/blog/strategic-meetings-management-2/in-amex-forecast-spotlight-on-meetings-travel " > business travel pricing trends in 2012 < /a > , now it's time to hear what actual buyers are saying. < br /
To scale out or to scale up? « Contract Capital Management
The Economist has a good article this week (actually last week, but I’m just getting to it now) on innovations in emerging markets. Two of the three innovations are particularly interesting: Scaling out not scaling up: Economies of scale have long been viewed as the key driver for price but
Procurement Strategy: Key to successful e-procurement
With increasing pressures on bottom lines, organizations are looking at various ways to drive down costs. This has given a different definition to the ...
Sourcing Innovation: Managing Indirect Spend: An In-Depth Review, Part III
In our last post, which ended the review of Part II of Managing Indirect Spend, a new book by William (Bill) Dorn and Joe Payne of Source One that takes you on an excellent adventure through the world of indirect sourcing (that they have been living in for the past two decades, well before
Sourcing Innovation: How Do We Drive Technological Advances? Part III
In our first post, we noted that an organization must master the three T's -- talent, transition, and technology -- to excel in Supply Management, and lamented that an average organization has not yet (truly) mastered any of the T's, with technology often being the T in which the organization is
Sourcing Innovation: How Do We Drive Technological Advances? Part II
In our last post, which noted that an organization must master the three T's to excel in Supply Management, we lamented that an average organization has not yet mastered any of the T's, with technology often being the T in which the organization is the furthest behind in (as most organization's
Sourcing Innovation: A Primer on Private Equity for CPOs
Private Equity (PE) investment is on the rise in the EU and the US. However, most of us still don't know very much about what PE is, how it works, or what Procurement's role is when dealing with a PE firm. That's why it was great to see this recent article over on CPO Agenda on The Final Frontier
Sourcing Innovation: Managing Indirect Spend: An In-Depth Review, Part II.2
Our last post continued our review of Managing Indirect Spend, a new book by Joe Payne and William (Bill) Dorn of Source One that is the culmination of everything they have learned while doing nothing but Strategic Sourcing, primarily on Indirect Spend, since 1992 -- before it was cool.
Sourcing Innovation: Managing Indirect Spend: An In-Depth Review, Part II.1
In Part I we began our review of Managing Indirect Spend, a new book by Joe Payne and William (Bill) Dorn of Source One that is the culmination of everything they have learned while doing nothing but Strategic Sourcing, primarily on Indirect Spend, since 1992 -- before it was cool. And as SI noted
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