Daily Archives: November 7, 2012

Shared Services, Outsourcing and Procurement – Curious Intersections or Tomorrow’s Three-Way Marriage (Part 1)

A new conference has crossed the Atlantic. And you might not have heard of sharedserviceslink.com (not yet anyway) but if they keep putting on events as good as the one I attended in Atlanta a few weeks ago, you will. Sharedserviceslink.com is headquartered in London, founded and led by Susie West, who spent a good number of years in sales with OB10 prior to starting her own firm toward the end of 2007.

The Votes Are In – Sandy Takes All

Spend Matters welcomes another guest post from NPI, a spend management consultancy, focused on delivering savings in the areas of IT, telecom and transportation. The election may be the talk of the day, but the CIOs I've spoken with have one thing on their minds: disaster recovery. With the aftermath of Hurricane Sandy weighing heavily on businesses across the country, many companies are shaking the dust off of their business continuity and disaster recovery plans and asking themselves a tough question: "Are we really prepared?" This is a good thing, of course. BC/DR plans should be living, breathing documents that […]

Afternoon Coffee: Legalized Marijuana, Bumper Peanut Crop, AT&T Boosts Spend on Upgrades

How's this supply chain going to look? Washington, Colorado Allow Recreational Use of Marijuana -- Washington and Colorado voters legalized recreational use of marijuana, making them the first U.S. states to decriminalize the practice. Washington will allow those at least 21 years old to buy as much as one ounce (28 grams) of marijuana from a licensed retailer. Colorado's measure allows possession of an ounce, and permits growing as many as six plants in private, secure areas. Oregon voters rejected a similar measure. We'll be able to afford peanut butter again! In the South, a Good Year for Farmers of […]

Supply Risk and Intellectual Property Theft (Part 2)

Please click here for Part 1 of this series. According to Don, knowing what countries you operate in and their relative cyber and supply chain security is key. New Zealand is safest country. The US is only 24. Knowing where risk is located can form the basis of a strategy. Beyond this, Don suggests there are a number of emerging influences in disrupting the supply chain. These include: social media, security gaps (physical security vs. electronic security, mobile devices (a huge risk), third-parties (especially suppliers), organized crime (targeting our operations as well as supplier operations), nation-states (read: China) and a […]

Procurement Savings in Manufacturing: Culling Out Top Performers

Please click here for Part 1: Transition Suppliers of this series. This series of posts is based on content, ideas and recommendations from the following Spend Matters Perspective: Making Sourcing Savings Stick: New (and Not-so-New) Strategies to Drive Savings Implementation. In fact, some of this paper's content was first published 10 years ago by Jason Busch, David Jungling, and Jay Odell, who were with FreeMarkets (at the time). While adapted for today's manufacturing environment, the ideas represent a timeless look at a topic that few companies are fully addressing through their procurement practices today. Roughly a decade ago, a FreeMarkets […]

Supplier Networks Beyond the Transaction: A Radical Revolution (Part 1)

Spend Matters welcomes a guest post from Jay Merenda. Jay has over a decade of experience with sourcing, supplier management and P2P technology working at both providers and within the industry, giving him unique insight. He's dedicated his career to becoming an expert and thought leader in the space. What is the true value of technology enabled business-to-business networks? Sure, e-invoicing, ePO, etc., are key elements for automating tactical P2P collaboration. In my opinion, this capability is now a commodity. I see a new business model emerging that will far exceed the value of transactional networks with a focus on […]