by Janice Marquardt | Oct 7, 2025 | Definitions, Org Chart, Processes
A perennial favorite topic in procurement is category management. It’s one of the first steps in improving an organization’s supply chain maturity and is a huge step in going from a purchasing team of PO-cutters and expediters to building real, strategic, long-term...
by Janice Marquardt | Sep 30, 2025 | Definitions, e-Auctions, Supply Chain Career
When someone sends me a list of items to negotiate using an e-auction, one of the first questions I ask is: “What is your award scenario?” While a procurement professional should consider this question long before a negotiation, Request for Proposal, or even before...
by Janice Marquardt | Sep 9, 2025 | Contracts, Definitions
When I started helping businesses with their supply chains, I was surprised to learn how few had written contracts beyond purchase orders or maybe blanket POs. But I get it. Contracts are expensive, they don’t always seem to have value, and they take forever to...
by Janice Marquardt | Aug 19, 2025 | Definitions, e-Auctions, Savings
E-auctions have come a long way since they were introduced in the late 1990s. What started as suppliers in a room writing bids on a clipboard became mailed floppy disks (yes, really), and then the web-based software options we know today. Along the way, we added more...
by Janice Marquardt | Jul 8, 2025 | Definitions, e-Auctions, Savings
On a call with a client today, they asked me how a “lump sum” bid is different from a “unit price” bid. This led to a larger discussion about risk vs. cost in a supply chain and this client team said to me, “You should write an article about this topic.” So here we...
by Janice Marquardt | Jun 17, 2025 | Creative Solutions, Definitions
AI is the biggest buzzword of the day. To Joël Collin-Demers’ point, if you can substitute the word “computers” or “technology” for AI in a sentence, it’s probably not true AI but instead is a clever use of technology. While technology is still valuable and...
