Many manufacturing organizations continue to hustle to comply with Conflict Minerals rules and a May 2014 filing deadline. But the rules actually get more complicated in 2014 and beyond. We won’t provide a backdrop on Conflict Minerals legislation in this analysis, but have included links to our earlier coverage and research (and our Conflict Minerals survival guide) at the end. In short, we would categorize the current and emerging environment as one where companies (and individuals, especially within smaller suppliers) are already – or will soon go – heads down into an aggressive implementation model.more ▸
How Will Nelson Mandela’s Death Impact South African Politics, Business, and the Procurement Sector?
There have been enough panegyric articles written about the late Nelson Mandela already. To summarize for those who have spent the past week on an island far away from any source of information: as an elder statesman, Mandela was an outstanding leader (with a few exceptions such as ongoing ANC corruption and ignoring some South African healthcare issues); as a young, wild-eyed Communist revolutionary, well, the less said the better. Clearly his passing is a great loss for South Africa, and what happens next will be of enormous importance not only to South Africa, but the entire continent.more ▸
We think the newly closed Accenture and Procurian deal is going to set off a Hunger Games M&A death match of sorts in the Procurement BPO world – a sector where scale can matter, and always does, among the larger providers. Granted there will be room for niche providers, but when it comes to the true biggies (Infosys, Genpact, IBM, Capgemini, etc.), it will become increasingly difficult to play on the same big-game turf against Accenture now that they have the Procurian asset.more ▸
What Can We Learn from the Founding Fathers’ Bill of Rights in Drafting a Procurement Bill of Rights?
I thought it’d be good to go back to the ‘source code’ for much of its inspiration – the US Bill of Rights. It’s a document that is relevant globally as well as within an enterprise context for governing procurement processes internally and with external providers. Let’s touch on a few, which I will obviously simplify and even take a bit of license with, so bear with me. And don’t start pulling out your pocket versions to throw at me (which you can’t anyway).more ▸
In the first of this 2-part series, I argued strongly for the value of cost avoidance as an important performance metric. In this second part, I will illustrate the concept via a story of a CFO and CPO having a discussion about measuring procurement value. This is basically a pathetic attempt to write a procurement version of something like Eli Goldratt’s The Goal.more ▸
Spend Matters is taking the day off in observance of Thanksgiving. For our readers not in the US, however, never fear! Like defrosting an enormous turkey, we’ve made preparations in advance. Look out for a few posts from us and guest contributors today and tomorrow, and check out our posts from Thanksgiving holidays of years past. With that, a very happy Thanksgiving from Spend Matters! Please take precautions if you go outside on Black Friday. We shall be back in December.more ▸
Cost avoidance gets a bad reputation for a few reasons. One is that it’s often defined narrowly like “it’s the amount of a supplier proposed price increase that we staved off." Who was on the tribal rules committee that made this scenario the de facto definition? I’m going to just throw it out there. Isn’t cost reduction really the same as cost avoidance? What?! I know this may sound like crazy talk, but hear me out. If you paid $10 for a widget, but then reduced it to $9, didn’t you merely avoid paying the old rate of $10?more ▸
As a former European, without a childhood of Thanksgivings behind me but a good number of them as an adult, I’ll start with declaring that I do like apple pie, pecan pie, and other genuinely American treats. Tasty treats that is, treats that smell and taste delicious – preferably made from scratch, not sweetened-to-death store-bought items. Turkey on the other hand I just don’t like. It must be an acquired taste. The smell in particular is nauseating. It’s not just me. My mother (also here in the US), my wife (who is born and raised on this side of the Atlantic) – all of us don’t care for this bird. It puts the foul in fowl.more ▸
This is Thomas Kase’s response to Joset Wright-Lacy’s statement from Monday, itself a response to Thomas’s posts on the National Minority Supplier Development Council and supplier diversity: "Many thanks for the reply – it is great to start to a dialogue and I can appreciate your points of view. But I think that many of your comments are unfortunately based on a misreading of my articles, so let me set the record straight on some of them..."more ▸
While some rights may seem inalienable, unless you are willing to stick up for you basic liberties, nothing is certain in procurement (and broader technology) life. Always selectively pick your issues and battles, but be willing to stand your ground for those fundamental rights that should never be taken away.more ▸
My recent articles on the many changes taking place in the National Minority Supplier Development Council (NMSDC) have stirred things up across the country – or so I have been told. Interestingly, my thoughts and critique have been questioned by some based on my rather pale complexion. I would have thought that Martin Luther King, Jr.'s famous “I have a dream” speech had a broader path than that in mind. I have also been asked how I acquired my supplier diversity insights and perspective, so I thought I would share some of my personal background.more ▸
What's already caught our attention around the mobile components of the platform release is that it’s one of the first tools on the market enabling broader sourcing, category management, and supplier management activities in a mobile-centric environment – rather than treating those working through tablet and smartphone screens (outside of P2P) as second-class citizens.more ▸