Like A Punch In The Nose: What Are The Things That Usually Catch Procurement Professionals Off-Guard

November 7, 2023

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I usually share humorous posts on the weekend, but I couldn’t resist sharing the following with you on a Tuesday. The first thing this classic Far Side brought to mind was when I was caught off guard by an unplanned happening or event – not so much now, but definitely in my early career. As […]

Posted in: Funny Thing

AI will not replace humans, humans with AI will replace humans without AI – Agree or Disagree?

November 6, 2023

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Data, AI, the Fear of the Black Box, and Job Loss – Invest 8:45 of your time to find the answers to four critical AI-related questions. Also, Access and Download Joe Gibson’s Thesis, “Data at the Core: Establishing a Data-Drive Culture” 30

Posted in: Commentary

What did the MAI Basic Four ISAs and these “Unicorns” have in common? Problem Solving!

November 5, 2023

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Anyone who has been reading this blog for any length of time knows the following about me: The above statements may seem contradictory, but in reality, they share a symmetry – problem-solving, which brings us to today’s post. In the November 3rd, 2023, Supply Chain Game Changer article “How Supply Chain Innovation Propels Startups to […]

Posted in: Commentary

(A Technology Story) – Eating Right, Exercise, and Getting Enough Sleep. Knowing What’s Right Is Not The Same As Doing What’s Right!

November 3, 2023

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Would you agree or disagree with the following statements: If you answered yes to each of the above statements, do you practice each one regularly? “According to the National Institutes of Health, the average adult sleeps less than seven hours per night. In today’s fast-paced society, six or seven hours of sleep may sound pretty […]

Posted in: Commentary

Uncut & Unedited: SourceDay Co-Founder Steps From Behind The Company Logo

November 2, 2023

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There are many different charts that assess service providers. The ones I used for this Titans 2023/24 series are as follows: These are helpful programs in that you see the names and the positions of each player. However, I think it is equally important to “know the players themselves.” Why is it important to “know” […]

What Are the Biggest Supply Chain Risks Lurking This Halloween?

October 31, 2023

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When it comes to supply chain risk, Halloween isn’t just on the 31st of October. That said, the 31st does seem to be an appropriate date to ask yourself what supply chain risks are hiding that you don’t see or expect? In short, what risk would be your worst “jump scare?” 30

Posted in: supply chain risk

A Direct and Indirect Procurement Decoupling? My Response To A Great Post By Jason Busch.

October 29, 2023

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Direct and indirect procurement have never looked more different. And I expect a decoupling of the two areas in 2024 . . . I see a decoupling of direct and indirect on the horizon based on the evidence at hand — at least in the near term. – Jason Busch, LinkedIn Post (October 27th, 2023) […]

Posted in: Commentary

Procurement Humor: Cost Savings Calculations

October 28, 2023

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Posted in: Funny Thing

Will the procurement workforce expand or contract in 2024?

October 27, 2023

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My post yesterday on User Adoption and the Rise of the AI Chatbots sparked some interesting discussions on LinkedIn – especially regarding the impact on procurement jobs and buyer adoption or resistance. Here is the last part of a comment from a knowledgeable reader regarding the above: “More important is organizations also need to upskill […]

Posted in: Commentary

User Adoption and the Rise of the AI Chatbots: The End of Maverick Spend, Vendor Rationalization and Change Management

October 26, 2023

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As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend, vendor rationalization, and change management. “So it’s [Merlin Assist Chatbot] is not just for information or for query. […]

Posted in: Commentary