supply management News

Want Supply Management Pros? Avoid the Culture Clash!

By blog.sourcinginnovation.com, posted 10 hours ago

Chief Executive recently ran a good, but short, article on Talent retention that said More than Money: Culture is the Key to Employee Retention that is worth a read by every Supply Management Director looking to recruit and retain talent, which, due to a lack of talent development programs, is in short supply at many Supply Management ... (Read More) Want Supply Management Pros? Avoid the Culture Clash!

Can Cost Management On Its Own Be Strategic?

By blog.sourcinginnovation.com, posted on 02/07/2012 at 1:00 PM

A recent issue of eSide Supply Management published a piece on Strategic Cost Management and the Supply Base that, while full of good advice, might be misleading to an up-and-coming Supply Management practitioner who needs to be set on the right road early on. However, before I can explain, let's review the key points from the article. The ... (Read More) Can Cost Management On Its Own Be Strategic?

Factory Orders Rise, and Jobs Increase in Service Industries

By feeds.nytimes.com, posted on 02/04/2012 at 1:05 AM

Factory orders rose 1.1 percent in December, and the Institute for Supply Management said employment in the service sector rose. (Read More) Factory Orders Rise, and Jobs Increase in Service Industries

Managing Indirect Spend: An In-Depth Review, Part III

By blog.sourcinginnovation.com, posted on 02/03/2012 at 1:00 PM

In our last post, which ended the review of Part II of Managing Indirect Spend, a new book by William (Bill) Dorn and Joe Payne of Source One that takes you on an excellent adventure through the world of indirect sourcing (that they have been living in for the past two decades, well before Strategic Sourcing and Supply Management became cool), we ... (Read More) Managing Indirect Spend: An In-Depth Review, Part III

"Procurement's Strategic Role in Driving Total Corporate Performance"

By blog.sourcinginnovation.com, posted on 02/02/2012 at 1:00 PM

Today's guest post is from Robert A. Rudzki, President of Greybeard Advisors LLC, who has (co-) authored a number of acclaimed business books, including Beat the Odds: Avoid Corporate Death and Build a Resilient Enterprise, On-Demand Supply Management, and the just published text on Next Level Supply Management Excellence that is a follow up to ... (Read More) "Procurement's Strategic Role in Driving Total Corporate Performance"

U.S. Factory Activity Rose Last Month

By feeds.nytimes.com, posted on 02/01/2012 at 7:06 PM

The Institute for Supply Management said growth in the American manufacturing sector picked up in January to its highest level since June. (Read More) U.S. Factory Activity Rose Last Month

How Do We Drive Technological Advances? Part III

By blog.sourcinginnovation.com, posted on 02/01/2012 at 1:00 PM

In our first post, we noted that an organization must master the three T's -- talent, transition, and technology -- to excel in Supply Management, and lamented that an average organization has not yet (truly) mastered any of the T's, with technology often being the T in which the organization is the furthest behind in. We lamented on the lack of ... (Read More) How Do We Drive Technological Advances? Part III

How Do We Drive Technological Advances? Part II

By blog.sourcinginnovation.com, posted on 01/31/2012 at 1:00 PM

In our last post, which noted that an organization must master the three T's to excel in Supply Management, we lamented that an average organization has not yet mastered any of the T's, with technology often being the T in which the organization is the furthest behind in (as most organization's have people, which is a talent foundation, and ... (Read More) How Do We Drive Technological Advances? Part II

How Do We Drive Technological Advances? Part I

By blog.sourcinginnovation.com, posted on 01/30/2012 at 1:00 PM

Any organization that wants to excel in Supply Management today needs to master the three Ts: Talent Transition, and Technology. Yes, SI is using talent instead of people and transition instead of process because PPT has been failing us for years. (Which is not surprising considering that death by PowerPoinT is a leading cause of ... (Read More) How Do We Drive Technological Advances? Part I

Reinventing Supply Management as the "Go-To" Organization

By blog.sourcinginnovation.com, posted on 01/24/2012 at 1:00 PM

Will Supply Management ever be the "Go-To" organization? It should be, but it many organizations it still doesn't have C-Suite visibility. That's why I found the fact that SIG recently published an article on Reinventing Procurement as the "Go-To" Organization to be quite interesting because the average organization is not yet ready for Supply ... (Read More) Reinventing Supply Management as the "Go-To" Organization