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Procurement decisions don’t fail inside procurement. They fail when real-world conditions hit them. That’s what we assess.
What did the MAI Basic Four ISAs and these “Unicorns” have in common? Problem Solving!
November 5, 2023
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
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
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” […]
Posted in: Commentary, Titans 2023/24
What Are the Biggest Supply Chain Risks Lurking This Halloween?
October 31, 2023
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
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
Will the procurement workforce expand or contract in 2024?
October 27, 2023
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
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
Is The Single Source of Truth A Myth? Duncan Jones Adds Important Insights Regarding Supplier Intelligence
October 25, 2023
“The single source of truth is a myth. It will never exist. CPOs should learn to live without it like sellers & marketers do. Eg different buyers, rating agencies, & communities rate a supplier’s reliability differently. You’re not 100% sure that news item about unethical behaviour refers to your similarly named supplier.” – Duncan Jones […]
Posted in: Commentary
Procurement Insights 
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