On any given day I can be on either side of that coin. Before COVID, when most of us were going to the office, we usually started our day by greeting our co-workers and engaging in some type of small talk. What we talked about was not important…
While globalization has lost a fair amount of its aura and near-shoring or on-shoring is more in fashion than offshoring, retraction from the global economy is clearly not the answer. Careful consideration of all the risks and then creating a competitive advantage for your company is still the…
As Sourcing / Category Management / Supply Chain professionals we ARE playing the role of an internal consultant (whether we recognize it or not). To be effective in that role, we must integrate the consulting process into our business process – here is a simple illustration utilizing a…
As most of you know, we publish an annual review of the challenges and risks that we see coming up for all of us. While this is derived from several sources, one of the key sources is the round of Executive and Leadership interviews we conduct. If you…
As Strategic Sourcing professionals we were all taught that Savings was our most important metric. Organizations that have not yet reached the Value Creating / Category Management level of maturity are most likely STILL mostly measuring and reporting price/cost savings. By doing this, you are perpetuating the notion…
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