You are probably NOT going to like my answer – it depends! Defining what it depends ON, is the key! Regardless of your business or industry, every company is providing goods and/or services to a set of customers (these customers may be internal or external…
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…