by Janice Marquardt | Feb 11, 2025 | Definitions, Processes
Does your business have a supplier manual? If not, do you feel like you struggle to communicate with your suppliers and hold them accountable? A Supplier Manual is one of those things every company should have, but many don’t. One of my first ever tasks for a client...
by Janice Marquardt | Feb 4, 2025 | Savings
One of the first places company leaders go looking for savings is supplier payment terms. While this seems simple, payment terms are more complicated than they first appear. Payment terms usually appear in the contract or even as part of the purchase order terms, if a...
by Janice Marquardt | Jan 29, 2025 | Processes, Savings
In a deep dive training into Sourcing with a client recently, I mentioned the phrase “tail spend” and was met with a few blank looks. Tail spend is one of those procurement terms that we don’t realize is jargon, and this was a group of people new to the profession. So...
by Janice Marquardt | Jan 21, 2025 | Definitions, Processes
Since it’s still January, we’re right in the thick of Metrics Season. Traditionally this is the season where we measure everything, take a look at our upcoming year, and then decide to measure everything we measured last year and also add a few more. While today we’re...
by Janice Marquardt | Jan 14, 2025 | Org Chart, Supply Chain Career
Once the procurement team orders goods and the inbound logistics team ensures they arrive, the warehouse team ensures they are delivered safely and accurately to their final destination. So why is the warehouse so often part of operations instead of the supply chain?...
