by Janice Marquardt | Mar 19, 2024 | Benefits, Definitions, Processes, Supply Chain Career
“You can have it fast, you can have it good, you can have it cheap: pick two” is a very old phrase for any purchase, and is a central tenet of supply chain work. While in a previous supply chain leadership role, my company had a major shake-up in senior leadership. As...
by Janice Marquardt | Jan 2, 2024 | Benefits, Creative Solutions
One of the often overlooked benefits of an e-Auction program is the improvement in scopes of work. This is because when any qualified supplier who can provide the scope of work can participate in the e-Auction, suddenly the answer “my incumbent knows what we need”...
by Janice Marquardt | Dec 19, 2023 | Benefits, Creative Solutions, e-Auctions
As I was on a call with a supply chain leader last week, they brought up all the common objections to e-Auctions: Too impersonal. Too transactional. Don’t like them. So I asked what they were struggling with. “Lead times are still horrible on our key commodities” was...
by Janice Marquardt | Dec 12, 2023 | Benefits, e-Auctions
E-Auctions–specifically reverse English auctions–have a bad reputation. They had a rise and fall in the early 2000s, and have now largely settled into small impact materials bids or logistic shipping lanes. Why have they gained this reputation and been relegated to...
by Janice Marquardt | Dec 3, 2023 | Definitions, e-Auctions
This very reasonable question almost always comes first when I mention e-Auctions. My first answer is usually that it’s like eBay backwards. An e-Auction, specifically here a reverse English auction, is an online negotiation tool where multiple suppliers bid to sell a...
