Subscribe:
RSS feed
Procurement decisions don’t fail inside procurement. They fail when real-world conditions hit them. That’s what we assess.
Browsing All Posts filed under »Commentary«
Gartner’s Collaborative Leadership Sets Top Execs Apart Article Fires On All Cylinders, But . . .
November 28, 2023
In Gartner’s latest article, they hit on all the right points, providing great insights into the importance of collaborative leadership and how it makes all the difference in the world during these uncertain and volatile times. Covering topics like growth, technology, and talent makes it a must-read. I especially liked the BNY Mellon Becomes Data-Driven […]
Hidden In Plain Site: The Real Reason Harvard Business Review’s Recent Article on Unilever and Siemens Matters
November 27, 2023
“On Nov. 21, Harvard Business Review reported on how Scoutbee’s customers, Unilever and Siemens, use our AI-powered solutions to swiftly find and engage with alternative suppliers during unexpected disruptions.” – Scoutbee LinkedIn post (Nov. 22nd, 2023) Two immediate thoughts came to mind when I saw the above post regarding the HBR article on Scoutbee clients Unilever and Siemens’ success in leveraging […]
The Difference Between Supplier Relationship Perception And Perspective – ADOPTION!
November 23, 2023
How do technologies impact the relationships between customers and suppliers? Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm (Mulligan and Gordon, 2002). – ResearchGate (March 2002) AND Rates […]
A Word About (And To) Salespeople
November 23, 2023
EDITOR’S NOTE: This morning, I read a LinkedIn post by Rocco Manfredi titled “The Glengarry Glen Ross Sales Training Book, or How the Tin Men Taught Us to Sell (A Revisionist’s View).” Today’s post is my response. My first comment on Rocco’s post: Trigger warning – I am cutting back on my caffeine intake, so […]
Are You A Victim of Data Delinquency?
November 22, 2023
EDITOR’S NOTE: A few days ago, SPICE Technology Group’s Neel Sharma wrote a post on LinkedIn titled “Vendor Item Data, New Item Setup Process and the Impact on Procure-to-Pay.” Check it out using the link above – it is an interesting read. As usual, articles like the one above bring back memories of real-world examples […]
At which point should end-to-end (S2C) source-customer visibility begin in the manufacturing process?
November 21, 2023
EDITOR’S NOTE: In December 2010, I wrote an article about one of Time Magazine’s picks for the Top Innovations in 2008 – Made-in-Transit Packaging. In my December 2019 post, Sorry, Charlie, there is something wrong with the world’s seafood supply chain I talked about consumer demand for tracking the seafood industry from source to plate. […]
Generative AI Video: An Uncut, Unedited Webinar Sneak Peek with Bill Michels, Rob Handfield, (and Dr. Marcell Vollmer*)
November 20, 2023
With 900 plus radio interviews under my belt as a host, plus numerous television and webinar appearances, the only thing I have enjoyed more than the live broadcasts are the green room discussions before going live. While the live events are energized and engaging, the raw, uncut, and unedited discussions have a different feel that […]
Which Is Better – A Centralized or Decentralized Procurement Practice?
November 19, 2023
Editor’s Note: The following response/post was inspired by another interesting LinkedIn share by Joël Collin-Demers under the heading: “Standing up a new centralized Procurement department is a tough gig.” The following excerpt from a June 2007 post talks about decentralization and centralization in procurement – https://bit.ly/40HDpfL The theory behind the balanced approach is that self-sufficient […]
Procurement Insights 
Are Supplier Diversity Programs Running Out of Gas – Again?
November 29, 2023
0
“When I was given an advanced peek at Jamie Crump’s white paper, “Rumors of My Death Have Been Greatly Exaggerated: How Supplier Diversity Will Thrive in 2024 and Beyond”, a cascade of thoughts ran through my head. To start, I was reminded of my research on diversity some time ago and how, even though it is […]