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From ABC to XYZ: How to Thoughtfully Manage Your Inventory

by Janice Marquardt | Apr 1, 2025 | Definitions, Processes, Savings

Back in January, we talked about tail spend and ways to reduce your spend with the bottom 20% of suppliers. But what if you don’t really know which tail spend items/suppliers to keep and which to get rid of? What else should we think about when classifying our...

Standardizing Services: The Case for Assigning Item Numbers to Non-Material Purchases

by Janice Marquardt | Mar 4, 2025 | Creative Solutions, Definitions, Processes

Item numbers can be so powerful. An item number for a part provides a common spec/description, a way of tracking a part across time and different suppliers, and increases the efficiency of a supply chain. Item numbers, also known as part numbers, material numbers,...

Why Every Business Needs a Supplier Manual (And How to Create One)

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...

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...
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