Separating Requirements From Preferences In Procurement Job Descriptions

July 26, 2016

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Special thanks to Charles Dominick, SPSM3 of the Next Level Purchasing Association for this guest post. Improving procurement capability can be accomplished in a variety of ways.  I prefer to focus on the people side of procurement capability. Believe it or not, there is a single document at the foundation of the people side of procurement capability […]

Posted in: Commentary

Procurement Insights Moves Into Mainstream Media

July 25, 2016

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With our final sponsorship commitments ending at the end of this month, Procurement Insights will be a 100 percent sponsor free blog. While I have always striven to provide thorough and objective coverage, for me accepting blog sponsorship dollars didn’t seem to mesh with true journalism. Or as I would write in my post it is […]

Posted in: News & Updates

Why Former SEC Attorney Willie Briscoe And The Other Law Firms Shouldn’t Challenge the SciQuest Deal

June 22, 2016

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“Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of SciQuest, Inc. (“SciQuest”) (NASDAQ: SQI) concerning the sale to Accel-KKR. Under the terms of the agreement, SciQuest shareholders will only receive $17.75 in cash for each […]

Posted in: Commentary

Theranos Update: “Celebrity” Boards And Their Negative Impact On American Business

June 16, 2016

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When I read the following excerpt of Michael Fertik’s post Elizabeth Holmes and the Burden of (Social) Proof, the name Conrad Black immediately came to mind: “Holmes did what many entrepreneurs do, often with positive effect: brought together smart, known people to build the board and leadership team. She surrounded herself with an original board configuration […]

I Have Waited Nearly 10 Years For This To Happen . . . The Santa Clara Story

June 15, 2016

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The County of Santa Clara has successfully implemented their eProcurement initiative by transcending the functional silos that have traditionally limited procurement’s effectiveness and influence in the past. In short, and for the first time since I began covering Virginia’s eVA initiative back in 2007, I can say with great confidence that there is now another […]

Wall Street Journal: SciQuest Agrees to Be Taken Private by Accel-KKR

June 8, 2016

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“There are no discussions with Oracle, there are no discussions with IBM, there are no discussions with . . . anyone wanna pick a name . . . there are no discussions, there’s nobody.” – Stephen Wiehe, SciQuest CEO July 2015 (SciQuest Q2 Scoop Session Audio Excerpt) As you read the above words, and listen […]

Posted in: News & Updates

The Howard Stern Effect: IACCM attendees either loved us or hated us . . . likely for the same reason

May 23, 2016

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This morning Kelly Barner and I received the feedback from those who attended our IACCM webinar last week. The webinar, which was highly interactive, was based on three of the more pressing questions we had raised in our book Procurement At A Crossroads. Here are the results:   From my perspective, these are great responses […]

Posted in: Commentary

Has the Theranos shoe finally dropped, and what it means to procurement

May 19, 2016

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For anyone who has read my recent series on the Theranos scandal and the lack of objective coverage provided by the Silicon Valley media, you know that I firmly believe that our industry is vulnerable to a similar scenario. By the way, you can access the Theranos and Procurement post archive through the following link; https://procureinsights.wordpress.com/theranos-and-procurement/ The […]

Posted in: Commentary

9 Years Ago Today Procurement Insights Was Launched

May 19, 2016

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It is funny how anniversaries can sneak up on you. Especially when you have been doing something you love for so long. A few moments ago, a message from WordPress just popped up on my screen reminding me that 9 years ago today I launched the Procurement Insights blog. 9 years! . . . where does […]

Posted in: Commentary

Wake Forest hypothetical purchasing scenario: What Would You Do?

May 13, 2016

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The thing I love about Twitter is that when your account is properly set-up – specifically, when you are connected to the right people and the right people are connected to you – some pretty interesting links cross your path. For example, take the above Tweet asking for 5 minutes of my time to do […]

Posted in: Commentary