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 process whether it…
Browsing: Supply Chain
Try buying a toilet bowl at your local store and don’t be surprised if they tell you that it’s a three month lead time – and no, that’s not a misprint. As we have been observing in this blog, the alarm bells are going off at most of…
Wow, this has been quite a year for ALL of us! Our Supply Chains have been disrupted and both our Supplier and Customer relationships have been put to the test. Our employees are mostly working remotely and learning how to be productive with all the distractions that come…
There is great news for the world – a number of COVID vaccines are going through the approval process and they all look promising. Creating a vaccine is merely the first challenge (even though the most critical) and now creating the supply chains to manufacture enough doses and…
First, I hope you are all staying healthy and safe. The last several months have exposed the numerous flaws we have in our Supply Chains. Our organizations have spent so much time and energy on building efficiency and delivering financial returns to the CFO on a quarterly basis…