The Centers for Disease Control and Prevention defines heavy drinking as 15 or more drinks for men and eight or more for women on a weekly basis. On average, 18% of American adults fall into this category, but the percentage is over 25% in Wisconsin. Some experts will tell you that the Germanic and Scandinavian ancestries of Wisconsin, Minnesota and North Dakota have something to do with it. And others will say that it’s the dreary weather.
Alas, President Trump’s Manufacturing Jobs Initiative has sadly drawn to an abrupt close in the wake of the events in Charlottesville. As you’ve surely heard by now, Trump disbanded the council once a critical mass of CEOs and other business sector leaders stepped down. One day before his official decision, announced on Twitter (is there any other way?), the President tweeted one of my favorite tweets of his in recent memory.
Procurement is basically shopping with a strong emphasis on value. Does that mean procurement people also better shoppers in their everyday lives? To find out, I asked around the office: “What have you recently used your procurement smarts to buy for yourself?” Take, for example, flowers. They are ordinary and yet can be exorbitant in cost. And despite what it may seem, this is a complex purchasing category.
Makeup for tweens is controversial enough on its own, but when asbestos is involved, national news headlines follow. ABC11 reported this week that asbestos was found to be present in the “Just Shine Shimmer Powder” sold at Justice, a national retailer of girls’ apparel. Asbestos fibers, once inhaled, remain in the lungs permanently. As Sean Fitzgerald, the director of research at the lab where the investigation was conducted, told ABC11, children “could die an untimely death in their thirties or forties because of the exposure to asbestos in this product.”
The motion stands thus: This house believes that robots will run (and rule) procurement by 2020.” I believe that the general direction of this argument is not in and of itself wrong. But there are a number of flaws in the nuance of how the motion has been proposed. And we are, after all, asking you to judge the merits of the proposal on its own, as it stands. Let me present you with three arguments against it.
Editor’s note: “The Eggplant” is a new series of satirical posts in the style of “The Onion.” Check out the first one in the series here.
New research published this week shows that more procurement organizations are leveraging in 2017 than ever before, while the range of activities, situations and things that can be leveraged is also expanding to historic levels.
Alex Decker, a senior category manager at a well-known greeting card company, has developed an innovative supply chain management approach that promises to breathe new life into an industry disrupted by digitization. For over 25 years, Decker has been responsible for sourcing paper stock and ink, the two main materials inputs to the production of traditional paper greeting cards. Not long ago, he suddenly be became interested in innovation and in holding onto his job until retirement age.
A few months ago, we published a post on book recommendations for procurement and supply chain practitioners. Textbooks they were not: I solicited recommendations both inside and outside Spend Matters for books that have relevant takeaways for procurement, even if they are about, say, tulips (that would be Mike Dash’s “Tulipomania”). Today we’re back with another round of recommendations, this time in the film and TV show category. The gist remains the same: What films and TV shows, while not nominally about procurement or supply chain, nevertheless contain pertinent lessons?
Spend Matters welcomes this guest post from Zelim Suleymanov, chief executive of PrECA.
It is not easy to find a top-class procurement professional. On the one hand, purchases require best practices expertise, and on the other hand, they need unconventional thinking and a creative approach. Highlights and challenges of up-to-date recruiting techniques with a focus on procurement can be found in a number of resources. Among them is procurement talent management and related issues described by Charles Dominick of the Next Level Purchasing Association.
I would suggest two possible headhunting models that can be used either individually or in combination when recruiting employees. They are what I call traditional and nurturing methods.
We’ve all heard how difficult it is for companies to attract and retain top procurement talent, and there’s no dearth of strategies on how best to deal with that. What isn’t discussed nearly as much is the other side of the equation: how to ensure you become an employer of choice.
When it comes to the “A players,” there is a criterion they follow that we like to call the CLAMPS discussion. This acronym stands for challenge, location, advancement, people, money and security. Each category represents a motivator professionals use to evaluate a position and company.
Spend Matters welcomes this guest post from James Gellert, chief executive of RapidRatings.
Suppliers and buyers haven’t always had the best relationship beyond the transaction. Historically, the relationship was focused on getting the lowest price and reliable delivery. While this made sense on paper, it inevitably created a zero-sum game, as suppliers were often seen as expendable. Suppliers knew they could be replaced at any time and therefore had little interest in being flexible or working in the purchaser’s best interest.
While many companies have since rethought this Draconian approach and have been successful in creating overall value beyond the transaction, those companies that have truly realized the benefits of treating suppliers like partners are able to transform themselves into a more focused, nimble and cost-effective global competitor.
Spend Matters welcomes this guest post from Nick Peksa, a director at Mintec.
It’s 8 a.m. and I am waiting for a docklands light railway train, when it arrives a few moments later, with slight apprehension I step on board. The DLR train rapidly fills up with a Lycra clad army, the air is heavy with the scent of wintergreen, menthol and eucalyptus, and there is palpable excitement and nervous tension in the air, as people chatter away. Yes, that’s right, Regain, a fantastic charity that supports tetraplegics in sport, persuaded me to run the London Marathon for them this year.