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Move from Chaos to Clarity: Define Your Supply Chain’s Top Metrics

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...

The Hidden Costs of Change Orders—and How Supply Chain Can Mitigate Them

by Janice Marquardt | Dec 10, 2024 | Definitions, Processes, Savings

Ah, change orders. While it is often necessary to change a project (and therefore change pricing) while that project is ongoing, change orders are frustrating for everyone involved. Large change orders can cause a blame game where everyone in a company blames everyone...

Contract Negotiation Deep Dive: Pricing Control and Quality Clauses

by Janice Marquardt | Sep 10, 2024 | Contracts, Definitions, Savings

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

by Janice Marquardt | Sep 3, 2024 | Contracts, Definitions, Supply Chain Career

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...

Bonded Warehouses and FTZs: Your Guide to Import Optimization

by Janice Marquardt | Aug 20, 2024 | Definitions, Processes, Savings

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...

From Tactical to Strategic: Why Procurement Needs to Chase Value, Not Just Savings

by Janice Marquardt | Aug 6, 2024 | Definitions, Savings, Supply Chain Career

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...
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