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The Conversations That Transform How We Think About Talent

by Janice Marquardt | Dec 9, 2025 | Definitions, Uncategorized

The job market for procurement is weird right now. My LinkedIn feed is covered with people looking for work (especially after being laid off from big tech) and yet it’s also full of supply chain and operations leaders looking for strategic procurement talent. My...

Profit, Power, and Quadrants: Classic Matrices Still Drive Modern Value

by Janice Marquardt | Nov 18, 2025 | Definitions, Org Chart, Processes

I once had a supervisor who was obsessed with what he called “the 4-box model” of procurement. His version graphed supply chain complexity/risk on the y-axis and supply chain cost on the x-axis, classifying suppliers into one of the four resulting quadrants. Low cost...

It’s Not Category Management without a Category Strategy

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...

Know Your Award Scenario

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...

Contracts: Critical for Risk Mitigation and Building Value

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...

Advanced E-auction Tools: Bid Transformation

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...
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