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Profit Levers: Where to Find Value in Uncertain Times

by Janice Marquardt | Oct 28, 2025 | Benefits, e-Auctions, Savings

Profit Levers: Where to Find Value in Uncertain Times CEOs really do think differently. When I asked my CEO why we were doing e-auctions, he looked at me and said something like, “When times are tight, we can seek to improve our profits from one of three sources:...

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...

Enjoy Your Holidays

by Janice Marquardt | Sep 2, 2025 | Benefits, Contracts, Processes, Supply Chain Career

Are you ready for the holidays? Those of you in retail are responding, “Of course, I’ve had to be worrying about stocking up and overseas freight for weeks now. After all, some FedEx Demand Surcharges start on September 29th this year.” The rest of you might be...

We Can’t Do The Things Without the Stuff

by Janice Marquardt | Aug 26, 2025 | Contracts, e-Auctions, Org Chart, Processes, Supply Chain Career

We Can’t Do The Things Without the Stuff “We can’t do the things without the stuff!” she exclaimed during our daily check-in call. She was waiting for the technical team to send final specifications so she could finish building the e-auction. I’m not sure why it...

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...

Lump Sum vs. Unit Price: Procurement Lessons from 30,000 Feet

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...
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