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Supplier & Contract Management

The Supply Chain: We Change or We Burn

The Supply Chain Management

Proverbs and Anecdotes When I was asked to contribute to the Barrett 2020 Sales Trends Report, the invitation posed a question: “With everything we need for positive change and progress available to us now, why wait for a crisis to secure our future?” Immediately, all the proverbs warning against change…
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Supply Chain To The Rescue!

Supply Chain Superhero

Not all superheroes wear capes. Some compose excel spreadsheets and identify process bottlenecks! An exaggeration, no doubt, but the truth is that those overseeing supply chains can and do have a massive impact on countless lives. Too often, we boil down the massively complex world of procurement to dollars and…
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Modern Slavery: Is your supply chain benefiting from slavery?

Modern Slavery Act

Modern Slavery is insidious and endemic, and it could be affecting your business without your knowledge. It’s a human rights abuse that is happening right now, today, in industries we are all a part of as either producers or consumers. Fishing, cocoa, cotton, fashion, cannabis, construction – to name a few.

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Supplier Love – 7 tips for Procurement Professionals this Valentines

inspirations to improve your Supplier Relationships - Supplier Love

While February is the month of love, there is a bit of Valentine’s backlash with people wondering why is it that we need a special day to cherish our partners when we should be showing our love and gratitude for them all year long. Certainly, we should be mindful of…
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Cryptocurrencies are endlessly fascinating.

Cryptocurrencies

They raise some interesting questions about fiat money and how we assign value. They are volatile as investments, not used for transactions as much (as they should be a true currency) and at this juncture they are still mostly an engineering exercise of “well we can do it, so why…
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Managing Your Supplier Performance

Supplier Performance Management

When you have a contract with your supplier, it’s the beginning of an on-going relationship. You expect the supplier to keep performing, day after day, like clockwork – delivering goods and services to the same high standard, and always dependable and reliable. After all, they signed the contract. They agreed…
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The Importance of Being Earnest About SLAs and KPIs

You’re dealing with a new supplier. You need to draw up a Service Level Agreement, commonly referred to as an SLA.  You know you’ve got to cross every t and dot every i.  So how do you make sure that you’ve covered all bases?  How do you know that your…
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The Art of Contract Management

Contract Management

It’s easy to get excited about the purchase or acquisition of a good or service, especially when it can positively affect the way you do your day-to-day job, but contract management is a fine art that can’t be rushed and needs to be treated with tender, loving care, by all…
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Procurement Basics: Where should we pro-actively use Supplier Relationship Management (SRM)?

Supplier Relationship Management

First of all a question for buyers, be you CEOs, CIOs, HoEs, PMs, CatMans etc. “Do you have unlimited time and resources?” No, of course not! Our time and resources are limited, therefore we need to apply pragmatic Effort/Benefit considerations to all activities including SRM, using KPIs etc etc Secondly,…
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Are you street smart or street silly? The case for using “acumen” in contracting.

Procurement Acumen

I was minding my own business when the phone rang. I had a feeling that I should not answer it, but as I was running a business and had six kids, two wives and a fish to support I thought that my bank manager would be pleased if I did…
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