Category Archives: Supplier Management

CPOs at ProcureCon Talk About Supplier Innovation – and How to Capture It

- November 20, 2014 2:20 AM | Categories: Supplier Management, Supplier Performance

Innovation has become one of the very hottest of hot topics in procurement circles over the last couple of years. At the recent ProcureCon conference in Berlin, it was covered over several sessions, with a number of CPOs giving us the benefit of their views and experience around supplier innovation and how to capture it. Based on this wealth of input, what conclusions or thoughts can we draw from the 2 days of thinking and talking around the topic? Here are some key take-aways that CPOs and others might want to consider.

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Lessons From Another Third-Party-Vendor-Based Data Breach

How did hackers gain access to 53 million email addresses and 56 million credit cards belonging Home Depot customers? Through one of the retailer’s third-party vendors. Home Depot recently reported the news, saying he hackers gained entry to the retailer’s system, and deployed malicious software to steal personal information from customers using self-checkout machines and standard registers at the store.

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Supply Chain Top Tip: Engage With Your Suppliers – Don’t Beat Them Up!

Spend Matters has reported on the ongoing Apple and GT Advanced Technologies fiasco that is unfolding in the courts at the moment – most recently this article. Those who follow the story know, Apple's situation with GT is a mess.

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AT Kearney Releases its 2014 ROSMA Benchmark Report – Context and Approach

1411825487tprmf AT Kearney recently released a report titled “Building the Brand of Procurement and Supply,” which summarizes and analyzes its 2014 Return on Supply Management Assets (ROSMA) benchmark metric that it collects on its own (e.g., it has been part of Kearney’s AEP study since 2010) and through a partnership with ISM and CIPS. Members of ISM and CIPS (of any size) can participate in the benchmark study (and get a results readout) and we’d highly recommend procurement practitioners to at least read this report and familiarize themselves with the concepts and the structure of the ROSMA metric.

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Supplier Relationship Management: Where Is It Going? Are You Keeping Pace?

- November 13, 2014 10:27 AM | Categories: Supplier Management

Supplier Relationship Management (SRM): there is probably no other solution set in supply chain these days that is sold in so many incarnations – it’s a wild list of acronyms: SM, SIM, SLM, SRM, VRM, SBM, 3PM, even VMS. Some are truly meaningless labels that mainly serve to please the marketing managers that had to choose one over the other – others carry more weight and imply certain functionalities. Let’s look at the acronyms.

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The “Bait and Switch” That Ended the Relationship Between Apple and GT

- November 11, 2014 10:22 AM | Categories: Breaking News, Supplier Management, Suppliers

bait-fisherman-fishing-2542-829x550 GT Advanced Technologies Inc. said Apple pulled a classic “bait and switch” with the synthetic sapphire supplier, leading GT to file for bankruptcy. The news came last Friday, when documents relating to GT’s bankruptcy case were disclosed, after initially being held under court seal.

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Will There Be Consequences for Apple Once GT Court Docs are Unsealed?

- November 6, 2014 10:15 AM | Categories: Supplier Management, Suppliers, Supply Chain

Looks like we will soon learn more details of what happened between the tech giant Apple and one of its suppliers, GT Advanced Technologies. GT, which makes synthetic sapphire used in smartphone screens, filed for bankruptcy last month, citing “burdensome contracts” with Apple. Reportedly, GT may have been faced with fines up to $50 million for each violation of confidentiality agreements with Apple.

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Could Proper Procurement Have Saved Apple and GT Advanced?

By now, you’re probably well aware of the Apple and GT Advanced Technologies (GTAT) debacle that’s been all over the news headlines. In case you haven’t been following this, GTAT makes sapphire manufacturing equipment and had hoped to also sell some special sapphire glass made from its most advanced equipment to Apple (there’s a cool video here on how the crystal is made). The $578 million exclusive contract was loaded with penalties, namely $50M per incident of any IP violation, and involved a series of milestone payments as production scaled up.

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SciQuest 14.2 Update Part 2: Total Supplier Management – Sophisticated Supplier Lifecycle Management Solution Renewed

In Part 1, we looked at the new TSM (Total Supplier Manager) 14.2 release by SciQuest. Details included a Base TSM with extendible functionality on a core Java framework shared with the rest of SciQuest’s suite offering, which concludes the migration of AECsoft IP from the older .NET architecture to SciQuest’s core platform. Read on to hear more insights in Part 2.

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Supply Ecosystems: Leveraging Skills and Knowledge

file0002120440786 One element behind the concept of “supply ecosystems,” a new supply chain paradigm argued by Penn State’s Christopher Craighead, Auburn University’s David Ketchum and the University of Tennessee’s Russell Crook, is very much alive today, albeit at the early adopter stage. This point is that within supply ecosystems, “each organization’s knowledge and skills must be leveraged across the entire ecosystem.”

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SciQuest 14.2 Update: Total Supplier Management – Sophisticated Supplier Lifecycle Management Solution Renewed

SciQuest has released version 14.2 of its Total Supplier Management (TSM) solution. The bulk of the high-end SLM (supplier lifecycle management) and SIM (supplier information management) intellectual property contained in its 14.2 TSM offering was originally obtained through the AECsoft acquisition nearly 4 years ago, and the AECsoft’s .NET architected solution has now been almost entirely moved over to SciQuest’s Java-based framework as well as received a solid UI/UX scrubbing. Hats off to SciQuest for accomplishing this.

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3 Overlooked (Yet Obvious) Metrics Pointing to Supply Chain Risk

Spend Matters welcomes this post by Paul Noël, SVP of procurement solutions at Ivalua. Almost every edition of the iPhone is accompanied with news stories about weaknesses in Apple's product supply chain (see: the recently reported iPhone 6 screen and staff shortages at Foxconn). Before executives in your firm take notice and come down the hall asking how “supply chain risk” is being addressed in your company, you may want to prepare a few things.

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