August 29, 2008
I have had close to 30 reader responses to my recent posts on the utilization of the RFP or e-tendering process for the acquisition of goods and services. While there have been successful demonstrations of its utilization relative to MERX (MERX: An Evolution to a Broader Market), and of course the Commonwealth of Virginia’s eVA […]
July 16, 2008
Without a doubt, the concept of double marginalization and the resultant issues associated with understanding and addressing its impact represents one of the more complex elements of an organization’s supply chain practice. As the point of convergence of multiple stakeholder interests and the seemingly disparate (some would say contradictory) strategies that define today’s partinioned enterprises, […]
May 5, 2008
Whenever you purchase a Hansen Consulting and Seminars Inc white paper or service, you will receive a $25 HCSI credit certificate towards your next purchase. Accumulating knowledge through sharing knowledge! Whenever someone you have referred purchases a Hansen Consulting and Seminars Inc white paper or service, you will receive an HCSI $25 credit certificate towards your next purchase. […]
March 26, 2008
Member Question: What methods are available to measure purchasing performance for both buyers and sellers? My Response: The challenges associated with quantifying (re measuring) performance extend beyond the mechanisms for capturing the data to include its timely application relative to ongoing real-world decision making. Specifically, is the current methodology capable of incorporating centrally established acquisition […]
August 9, 2007
Double marginalization is defined as the “exercise of market power at successive vertical layers in a supply chain.” Dating back to Lerner (1934) the problem that arises as a result of double marginalization is tied to an impetus to mark up the product’s price above marginal cost. According to a 2005 Caltech paper (Vertical Integration […]
How do double marginalization and the Metaprise play a critical role in data management and use, e.g., harnessing the promise and power of your data?
October 4, 2023
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“There are NO Perils of Big Data in Procurement! (In fact, it’s the lack of Big Data leading to so many failures … but that’s a different rant …)” – Michael Lamoureux, LinkedIn (September 2023) Michael Lamoureux, your post reminded me of a 2007 post on Double Marginalization. – https://bit.ly/3PFu0Qx Specifically the following two excerpts: “According to […]