How much legwork are you doing in order to prepare for your sourcing projects?
“Switching Costs” is a familiar term in the world of business economics!
Today’s post is by Gayl Southard, Administrative Consultant for SafeSourcing. After six years, our house needed to be repainted. This can be an overwhelming process. Picking the right painting crew, the type of paint to be used, the prep process, and warranty are all important aspects to be considered. There is really no difference in... View Article
Yesterday in part I of this post we discussed why cost plus distributors felt that reverse auctions were not necessarily appropriate for their companies.
If your distributor is using cost plus pricing are they getting you the best possible price for the products you are buying? Probably not! But they could be.
It is truly a great thing when you have a team that can function like a well-oiled machine.
Gross Domestic Product (GDP) is the value of all goods .....
An Onboard Diagnostic II (OBD-II) scanner is .....
Congratulations, you have used your e-procurement tools effectively and awarded the business to a new supplier!
Sometimes the detail gets lost in translation, so for those of you that are following on a daily basis here is a simple list. These are certainly not all of the benefits that retailers can drive from the use of e-procurement tools, but it is a good starting point.
Have you ever sat in a room with 100 people, whom all have advanced degrees, but have no idea what Procurement is?
Avoid communication mistakes through negative entropy!
Gatlinburg, TN. Wildfire
The Overton Window and limiting your procurement success.
Organizing our to-do lists is a job amongst itself ....
Why does this app need access to this?
How do you know if you are paying too much for a particular item or service
When looking for an Internet connection solution, there are several types of connections available
“An investment in knowledge always pays the best interest.”—Benjamin Franklin
How are you marketing your brand? Is it bringing in the customer base you desire?
Choosing the right categories for the right reasons
Up front analysis drives increased results through prioritized focus.
Tyler is adding to the SafeSourcing Wiki and defining Novation agreement.
Chances are you already have.
Have you ever considered implementing procurement solutions into your business?
How are you tracking the health of your company’s procurement?
Are you still sourcing contingent labor the way you have always done it, dealing with temporary labor service providers directly?
With the economy moving the public to lower cost products is it time to review your private label strategy?