A new year is already a quarter over and so have the New Year’s resolutions. I am no different than anyone else – I want to lose XX pounds and this is the year I am finally going to do it. In the back of my mind, though,…
Let’s talk process!!! I assume this is the area where we may have the MOST disagreement. I often hear from clients that Strategic Sourcing and Category Management are interchangeable terms for the same process and I must admit that many, many organizations use them that way. But, we…
“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 an organization told…
By now you have probably heard about the poor Ever Given which is stuck in the Suez Canal. The impact of this is yet to be felt and the severity of the impact is yet to be calculated. Here are just some of the headlines: Suez blockage could…
As Strategic Sourcing or Category Management professionals you are all familiar with Supplier Diversity. You may have quotas or “set-asides” that dictate what percentage of your spend must go to “diverse” suppliers based on internal policy, customer mandates or federal regulations. You have definitions around what is a…
