Preparing a spend analysis, doing supply market research, determining your sourcing strategy, developing / executing a negotiation strategy, writing a contract, putting a new supplier place – these are the basic steps associated with Strategic Sourcing. These steps can be found in any standard sourcing…
“How many of your organizations are doing Strategic Sourcing?” I am sure almost all hands went up and if I ask the same question regarding Category Management there would still be numerous raised hands up. I wish I had even a nickel for every time…
It’s not a surprise – Supplier Diversity or CSR or what is now known as D E &I (Diversity, Equity and Inclusion). And it’s no longer a nice to have but has moved into the area of must have or you lose a competitive advantage. …
Last time I laid out a scenario about reducing the Response Lead Time (“RLT”) for the National Grid and made the point that RLT is a real tangible thing that can and must be developed as an Organizational Competency. There are two things that are…
Hope you are staying safe. We know you’re busy so we’ll make these quick – On The Go! Short video snippets based on our discussions with Chief Supply Chain/Sourcing Officers during these challenging times. You can follow up for more details if interested. They…