There is a fascinating article in Forbes by Milo Jones and Philippe Silberzahn, that examines the current situation with Snowden/NSA from a totally different perspective – and a perspective that we at TMG heartily endorse and those that have been through our Strategic Sourcing &…
Simply put, if you can think it, you will be able to create it. Just let that sink in for a moment. This means customization in batches of one. It means throwing out almost all design constraints because of material or manufacturing limitations. It means moving the production of a pizza in Pizza Hut and into your family room where you might have your printer right next to your couch.
A Little Sourcing Humor:
I have long been a proponent of hiring interns. We actually have two working for The Mpower Group this summer, Kevin (entering Notre Dame in the fall) and Allison (entering Boston College in the fall). You will hear from each of them this summer as we are requiring them to write a blog post for us (they are scared to death by the way, which is great 🙂 ). There are so many benefits for both the intern and the hiring company, one of which is an increase in competency.
We have always felt that the goal of any sourcing process MUST be to select the best supplier possible and develop a relationship that will drive mutual value creation – it’s not to find the cheapest supplier. Unfortunately, most sourcing processes and related technologies absolutely reverse the priorities.