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Contract Negotiation Deep Dive: Miscellany
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Indemnification and Termination
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Training and Insurance
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Warranties and Hazmat
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Product Changes or Discontinuations and Buyer’s Property
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Nonconformance, Inspection, and Payment Terms
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Forecasting and Delivery Requirements
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Law Compliance and Purchase Orders
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Pricing Control and Quality Clauses
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
Contract Negotiation Deep Dive: Introductory Clauses
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own...
The Do’s and Don’ts of Attending Internal Customer Staff Meetings
As a supply chain professional, it’s incredibly easy to fall into the “they vs. we” trap. “They” are the internal customer, the engineer, the end user, the operations team. “We” are the procurement, supply chain, or logistics team. While there are many ways to start...
Bonded Warehouses and FTZs: Your Guide to Import Optimization
I first encountered Foreign Trade Zones (FTZs) and bonded warehouses while working for a manufacturer who was getting many components out of China. Before that point, most of my employers were getting the majority of their shipments domestically, either from US...
Supply Chain Disruption: Predicting Supplier Bad Days
The hot topic in supply chain for the last few years has been supply chain disruption. Supply Chain Brain’s annual supplier partnership publication is themed around disruption, everyone working anywhere in supply chain in 2021 remembers what working through disruption...
From Tactical to Strategic: Why Procurement Needs to Chase Value, Not Just Savings
The inimitable Mathew Schulz posted on LinkedIn last week about how the best procurement pros chase value instead of savings. This got me thinking about savings vs. value, and the differences between a procurement team who thinks tactically vs. one who thinks...
Do You Have Vendors or Suppliers?
Language matters. Early in my supply chain career, my supply chain leader sat across his desk from me and told me, “Vendors sell hot dogs. Suppliers are partners.” I think I was implementing a supplier scorecard program at the time and was constantly referring to our...
Dirty Negotiation Tactics and How to Counter Them
Anyone who has been in multiple negotiations has dealt with dirty, hardball tactics. Maybe you’ve even used them yourself in an attempt to gain the upper hand. While related to negotiations focused on changing the rules, hardball tactics are in a little different...
Supply Chain Tools: Index-linked Pricing
One of the best tools to share price risks between buyers and suppliers is index-linked pricing. Most procurement professionals have heard of and used commodity indices to tie pricing to the wider market, but in short they are a third-party tracking tool for commodity...
Are Supply Chain Rebates Evil?
I first encountered supply chain rebates a few years into my supply chain career, and confess they baffled me. How could a savings mechanism where a supplier cut their customer a check retroactively ever be sustainable? Yet one of my suppliers was using them...
How to Become a Corporate Vice President
All my career I wanted to be a Vice President. Everything I did professionally drove toward that goal, including: Lateral moves from engineering to supply chain (which also had a bunch of other factors I won’t go into here) Earning a technical master’s degree, two...
Why is Supply Chain Management Important?
Why is Supply Chain Management important? I stumbled across this question recently, and it got my wheels turning on why my chosen profession matters. While people I talk to now generally know what supply chain teams do (we get you the proverbial or literal toilet...
What makes a Utility Supply Chain unique?
Supply Chains in different industries have a lot in common – including price sensitivity, negotiations, the importance of resiliency, warehouse space issues (always either too much or too little), and the typical process of bid to purchase order to receipt. However,...
Building Your Dream Procurement Team: Roles, Responsibilities, and Staffing Levels
We’ve been talking about supply chain structure and reporting chains recently, so let’s chat a little about front-line procurement roles. Today we’ll talk about role descriptions, and also talk about staffing levels needed when building/rebuilding/reevaluating a team....
Supply Chain Structure: One Central Team or Decentralized Services?
Recently we’ve been talking about which C-suite role a supply chain team reports to, both the more common executive leaders and the less common ones. So today we’re going to talk a bit about the structure of a supply chain team in an organization. In particular, we’ll...
Demystifying Supply Chain: The Essential Roles of Procurement, Logistics & Warehousing
What is the difference between “supply chain” and “procurement”? One of my favorite silver linings after COVID is that when people ask me what I do, I now answer “Supply chain” and they reply, “You’re the people who get us toilet paper!” Or sometimes I can see them...