I assume you read the title and were intrigued enough to read on . . . . . . As you know we have had a quite a bit of interest (that’s an understatement 😊!) in this series on “Do You Know the Difference between Strategic Sourcing &…
I heard this story last week on NPR (more about that later) and it made me think of an exercise we put our decision making classes through. It goes like this: Group A gets this question: You are in a store about to buy a sweater which will cost $70.…
As most of you have heard by now, NPX is being re-launched and the Advisory Board has been formed, the initial topics have been chosen (see below) and the date for the 1st meeting has been picked – September 14th. Please mark your calendars because that date was…
Regardless of how many chevrons (steps) your organization has in its Sourcing/Supply Chain processes, can it adequately address the types of issues surfaced by the recent NY Times article which highlights how aluminum prices are artificially inflated globally? This is not a political piece or even a bashing…
I was recently invited to speak to the Board of FSMA on an issue that has them totally perplexed. FSMA is an organization of large food manufacturers and their agents which has been experiencing the following: longer sales cycles, lower margins, demand for additional services, challenges to prove their value add, etc., etc. And lo and behold – they thought they had found what was causing them all this angst – it was this new thing called Category Management (CM). For those of you not familiar with the retail sector, this is an integrated process to manage the entire lifecycle of a category of consumer goods. What it is not, is the category management (cm) process that people in sourcing and supply chain use. And this is where the confusion and tension arises.
