I’m initiating a “Strategic Sourcing Opportunity” Series based on the Magic triangle I presented some time ago in the post “Creating Value with Strategic Sourcing“. Purpose is to point out the best well-know opportunities one could think about when rolling down a Strategic Sourcing methodology for 12 specific and common spend-categories: stationary, fax machines, photocopiers, [...]
Some time ago, I’ve published a template to help you out positioning a SG (Sourcing Group) into the Strategic Sourcing’s 4-quadrant Matrix (I call it as well the CSSB matrix as ‘Commodity, Standard, Strategic, Bottleneck), based on the famous Porter’s 5-forces model. This template has the benefit to be easy to understand and to use. [...]
If you are wondering how good you are in managing your purchasing department performance, this post might be of some interest. Below you will find listed 8 questions – and the associated set of 4 possible answers from 1 to 4, 1 being the worse answer and 4 the best – I use to go [...]
If you’re running behind short-term savings, working on the ‘strategic quadrant’ products and services might be painful. Indeed, don’t expect short-term results there and moreover, be aware this quadrant needs a lot of time and effort to be properly worked out. However, middle term results can be much more significant than any others and such, [...]
If you are about to renew a contract or even better in your way for running a strategic sourcing methodology, you’ll have to assess the strenghtes and weaknesses of your current contract not only from a specification perspective but as well from a pricing perspective. Below are my top 10 pricing-related questions to be answered [...]
OGC did a tremendous job detailing and drawing, online and publically, its 15-step procurement process, here. Though it is dedicated to Public Procurement purposes, I consider this site as a Must to browse: it is clear, bold and sharp. A reference to bookmark. Below are the 15 steps (including 4 to 10+ sub-steps) for which [...]
Do you know BITC? I guess you do… if you are CSR-addicted. If not, this post might be useful to you. BITC (Business In The Community) is a unique independent business led charity whose purpose is to inspire, engage, and support and challenge companies, to continually improve the impact they have on society. With a [...]
Some times ago, I’ve posted on this blog a template of a tool I used to position a Sourcing Group (SG) in the CSSB quadrant matrix (Commodity – Strategic – Standard – Bottleneck). As you – may – know, this CSSB matrix enables to determine which strategy to apply and consequently which major tactics to [...]
I guess this speaks by itself. Below is a template that anyone can use to analyse TCO. Just keep in mind that TCO components may vary from one product to another. I beleive though that this template gives a good basis to start with.
Here are links and comments I found on Line56 to the most downloaded free enterprise applications on Sourceforge: wxPython: “A set of Python extension modules that wrap the cross-platform GUI classes from wxWidgets.” Compiere: “Smart ERP+CRM solution for Small-Medium Enterprises in the global market covering all areas from order and customer/supplier management, supply chain to [...]
In october last year, I’ve explained – shortly I admit, but with a nice exhibit – what a sourcing tree is (product / service categorisation). If I recon my stats about my popular posts, this is definitly one of interest. So, here is a more extensive example of a sourcing tree (which I used in [...]
Professional social network LinkedIn has raised $12.8 million from Bessemer Venture Partners and the European Founders Fund, early this week. ” The company, which is profitable since March 2006, has raised $13.4 million in two previous rounds of financing, bringing the total to more than $26 million. The company generated $10 million-ish in revenue in [...]
B2B News David Wei Joins Alibaba.com as President of Alibaba’s B2B Division . Former President of B&Q China brings solid operational experience and industry expertise to drive expansion of Alibaba’s business-to-business marketplaces WhyAbe has a New Look . The free auction site WhyAbe has a new look and set of functionalities. Could anyone using WhyAbe [...]
The BuyIT Best Practice Network is an independent group with a mission to “help organisations realise the business benefits from Information & Communications Technology by identifying and promoting best practice in e-business”. BuyIT has published eProcurement and eBusiness best practice guidelines since 1996 as part of their remit to identify and promote best practice. Through [...]
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