Tagged Content: L2

Anti-Dumping Effort Gains Attention (and Spend Matters Network Weighs In)

Rep. Billy Long is pushing federal authorities to take a closer look at the goods global suppliers are shipping to the US. And, the world’s largest bedspring supplier, Leggett & Platt, is throwing its weight behind the effort – going as far as to hire a lobbying firm to convince lawmakers this is an important issue that needs to be addressed.

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Frank Boyer Takes Over as CPO at Sprint

- November 19, 2014 10:15 AM | Categories: Breaking News, Cost Management, Procurement

Sprint has hired a new chief procurement officer (CPO) in an effort to improve the wireless carrier’s standings in the market. Sprint’s CEO Marcelo Claure announced that former AT&T Wireless CPO Frank Boyer (who was also CPO at EDS) will now serve as the company’s CPO. Claure said Boyer will "oversee our efforts to evaluate where we spend every dollar and look for ways to improve our cost structure."

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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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Upcoming Webinar to Expand on P2P-ERP Integration Case Study

- November 17, 2014 8:48 AM | Categories: Learning / Research

Do you demand absolute success from your P2P integration strategy? You’re not alone, and we’re here to outline how you can achieve just that with SAP Integration: Lessons From a Successful Cloud P2P Deployment at Juniper Networks, an upcoming webinar scheduled for Thursday, Dec. 4 at 1 p.m. CST. Register here.

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Finally, GM Realizes Europeans (and Others) Like to Buy German Products, Especially Cars

- November 14, 2014 6:36 AM | Categories: Commentary, Friday Rant

While in business school, together with 5 other students and the dean, I was given the opportunity to have lunch with GM's then-CEO Jack Smith (GM CEO between 1992 and 2000), and I asked him why GM wasn't using its German brand better. I brought up an example from Japan – where I had lived up until a few months earlier and where GM was actively promoting its full-size vans at the time. Sales of these absurdly large, gas guzzling, and dubious reliable vehicles must have been negligible. I never saw one on the roads. I suggested GM leverage Opel, which already is the right size for the market.

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Hiperos Raises Procurement and the Supply Chain With New Airport Advertising Style

- November 13, 2014 2:42 AM | Categories: Procurement Commentary

As I headed down from United C gate to B gate baggage claim at O’Hare airport upon returning to Chicago earlier this week, something jumped out at me on the giant airport advertising jumbotron above the escalator. No, it was not another boring Accenture advertisement with elephants or washed up tigers – you know the kind. Nor was it a snapshot of the masses of 20-something employees in some back office in some low-cost country carrying the BPO torch. Rather, it was something radically different.

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Upcoming Webinar: What We Learned from Cloud P2P Deployment Done Right

- November 12, 2014 6:30 AM | Categories: Cloud, Learning / Research, P2P

Join us on Thursday, Dec. 4 at 1 p.m. CST for SAP Integration: Lessons From a Successful Cloud P2P Deployment at Juniper Networks. The Spend Matters Team of Jason Busch, Thomas Kase and Xavier Olivera will be joined by David Hearn, senior director of global supplier management-internal goods and services at Juniper Networks, along with Rajiv Ramachandran, vice president of cloud integrations for Coupa Software. More details and registration page can be found here.

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Securing the Future of Procurement – Peter Smith at the Zycus CPO Connect Dinner

- November 11, 2014 2:28 AM | Categories: Analysis, Conferences, Procurement, Procurement Commentary

Procurement has been a great success story over the last 20 years or so. Most of us in that function would agree, and even our colleagues in other areas might grudgingly accept that the profile of procurement is higher than when those of us of a certain age first come into the profession. Is that down to our own brilliance though? Or the sterling efforts of ISM, CIPS and other professional bodies, academics and writers on the topic?

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Change Management on the Direct Side – Get the Pain Over With Sooner Than Later

- November 10, 2014 2:16 AM | Categories: Change Management

We usually talk about change management in the context of driving adoption of a new solution, a new process, new compliance or other initiative. For a change of pace, let’s look at managing supplier relationships on the direct side. This can be just as hard – this supplier management case comes from Singapore. The example in this piece originated as a QA or supplier performance issue at the company in question. A global director of supply chain operations at a medical device firm with headquarters in Japan and operations in SE Asia shared the details directly with me.

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GHX Acquires Vendormate – Healthcare Industry Solution Provider Adds Capabilities

- November 7, 2014 10:09 AM | Categories: Industry News, M&A

Global Healthcare Exchange (GHX) has entered a deal to acquire Atlanta-based Vendormate for an undisclosed sum. GHX provides business network connectivity for the vast majority (4,000 hospitals and 18,000 provider facilities) or more than 80% of US hospitals and their suppliers in the US marketplace according to GHX – as well as a P2P platform. Vendormate, in turn, has a vendor relationship management solution that will add vendor-credentialing capabilities to the GHX supply chain portfolio. The acquisition is expected to close within the next 30 days.

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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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Universal Comments on Transactional Procurement Scarcity From South of the Border

- November 5, 2014 2:39 AM | Categories: Procurement, Purchasing

We’ll be calling much more attention to our recently (and quietly launched – shhhh!) Spend Matters Mexico y America Latina in the coming weeks. But in the meantime, I wanted to give a shout out to a post by Jesus Campos, a new analyst and contributor in the region (Jesus works with Xavier Olivera, who is our director for Spend Matters Mexico and Latin America, as well as our new P2P solutions analyst). In his recent musings, Jesus hits on a topic that is relevant regardless of your geography: procurement scarcity in transactional buying.

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