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Harnessing the Pareto Principle: Get Better Results with Less Effort

by Janice Marquardt | Apr 15, 2025 | e-Auctions, Processes

“The 80/20 rule always applies” is a phrase I’ve lived with so long I don’t even know where I heard it first. But I’ve definitely repeated it – to my teams, to clients, to my poor family who are no longer at all interested (if they ever were). But what is it,...

Supply Chain Pitfalls that are Holding Your Business Back

by Janice Marquardt | Feb 18, 2025 | Benefits, Processes, Supply Chain Career

I haven’t been in supply chain management as long as some, but I’ve been around long enough to have some observations on common errors supply chain practitioners make. Some are things many professionals can do better (such as continually learning) and some are very...

How to Become a Corporate Vice President

by Janice Marquardt | Jul 2, 2024 | e-Auctions, Org Chart, Supply Chain Career

All my career I wanted to be a Vice President. Everything I did professionally drove toward that goal, including: Lateral moves from engineering to supply chain (which also had a bunch of other factors I won’t go into here) Earning a technical master’s degree, two...

Mastering the Supply Chain Triad: Delivering Excellence in Delivery, Savings, and Efficiency

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...

Strategic Scoping: Maximizing Value and Minimizing Risk in Procurement

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”...

Rethinking Value: e-Auctions as Catalysts for Remarkable Lead Time Reductions

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...
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