The Guest Post Category

Staffing Supplier-Buyer Relationships: What It Takes to Make It Work

Spend Matters welcomes this guest post from Michelle Cox, founder of Believe In You Coaching and Consulting and former senior manager, external staffing and vendor relations at U.S. Cellular.

With more than 11,000 staffing firms that exist in the U.S as of 2016 and more than 28,000 offices, buyers’ options when choosing a staffing supplier to support their organization may seem endless. For years the age-old question from staffing suppliers was, “How do I get in the door at XYZ buyer or managed service provider (MSP)?” During a panel I sat on for my previous organization, I answered this very question and my response was simple: We need to create a relationship, and relationships don’t happen overnight, nor do they exist without effort.

Game Theory: Changing the Way You Think About Commodities

Spend Matters welcomes this guest post from Nick Peksa, opportunities director at Mintec.

In 2014, we published an article on chaos theory, and as a continuation of this, I thought it would be interesting to introduce the concept of game theory and how you can use it to support your commodity price decisions. Game theory brings together the concept of competition and cooperation in business.

Nothing New Under the Sun: Taking an Advanced Approach to Supplier Diversity

supplier diversity

Growing up I remember hearing two phrases constantly: “There is nothing new under the sun” and “Numbers never lie.” Both statements I have found to be half-truths. Try telling dinosaurs, phone booths or the former milkman that nothing ever changes. People, things, ideas — all evolve. The time has come for supplier diversity to evolve, as well.

The Damage to Oranges, Lumber and Cotton Caused by the Hurricanes

Spend Matters welcomes this guest post from Jara Zicha and Verity Michie, market analysts at Mintec.

At the end of August, the Atlantic regions suffered devastating effects from Hurricane Irma that lasted for two weeks. It hit islands in the Caribbean and parts of the southern U.S. states, including Florida. But how did this affect commodity prices?

Oh Sugar, the EU is coming!

sugar

Spend Matters welcomes this guest post from Nick Peksa, opportunities director at Mintec.

One dark night in 1775, Paul Revere road his horse through the streets of Massachusetts shouting, “The British are coming!” While this may not be factually correct, I would like to be the first to shout, “Oh Sugar, the E.U. is coming!”

10 Things Procurement Professionals Must Consider Before Hiring Labor for Their Organization

Spend Matters welcomes this guest post from Deepesh Jethwani, consultant at GEP.

There are times when you need to hire non-permanent labor for your production line or when your contract with an existing labor providing agency is about to expire. Before you decide to launch a request for proposal (RFP) with suppliers, here are the top factors you must consider as a procurement professional.

Could an Answer to the Multiyear US-Canadian Lumber Trade War Soon be Here?

Spend Matters welcomes this guest post from Verity Michie, market analyst at Mintec.

Following the expiration of the nine-year-long softwood lumber agreement (SLA) in October 2015, the U.S. and Canada have yet to finalize a new trade agreement. But why do they need one?

The Hyper-Personalized Supply Chain is Coming: Are You Ready?

Spend Matters welcomes this guest post from Jim Wetekamp, chief executive officer of BravoSolution .

The concept of the demand-driven supply chain has been around for a decade or more. For supply chain organizations in consumer-centric markets, the model requires the ability to ramp production up and down based on demand fluctuations in short cycles. Think that change was a roller coaster ride? Well, fasten your seat belts.

The Butter Market has Gone Crazy

Spend Matters welcomes this guest post from Nick Peksa, opportunities director at Mintec.

Yes, the butter market has gone crazy. Normally these kind of rapid price movements are reserved for markets like vanilla, crude oil and currency, but not for shopping staples. At the end of May 2016, European butter futures had established a new monthly record for futures traded, with 1,382 butter contracts having been established. This phenomenon is not just confined to Europe; there has been an increased demand globally for all types of fats (people trending toward anti-sugar and organics).

Advances in Neuromarketing and Your Buying Decisions: What Can’t Speak Can’t Lie

Spend Matters welcomes this guest post from Diarmuid O’ Donoghue and Khushboo Kadmawala, of GEP.

Do you really think that you make your own buying decisions? I urge you, think again. As several recent experiments from the field of neuromarketing illustrate, your own subconscious thoughts and desires may actually speak louder than your rational thoughts.

Cashew Nut Prices Soar on Tight Supply

Spend Matters welcomes this guest post from Jara Zicha and Jonathan Stokes, of Mintec. 

A few years back, cashews were very competitively priced, being one of the cheapest tree nuts available on the market. However, prices have soared since the beginning of 2016, currently up 30% year-over-year, at over $11 per kilogram in Vietnam.

Viva La Revolution: Flexible Staffing Models in China

Tradeshift Baiwang

Spend Matters welcomes this guest post from GEP.

As the world's most populous country, China's labor market is undergoing unprecedented structural revolution. In recent years, due to labor shortages caused by a decreasing demographic pool and labor cost pressures, Chinese companies are eager to adopt more flexible staffing models to maintain labor agility and cost competitiveness. As per the Chinese Human Resource Service Industry Research Report published in 2016 by HRoot, it’s estimated that between 2016 and 2020, the average compound annual growth rate of China's flexible staffing industry will hold steady at around 22%, and China's flexible staffing market scale will reach about 60 billion yuan, which is more than $8 billion.