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To Procure Better, Classify Better: Category Taxonomy as a Strategic Supply Chain Tool

by Janice Marquardt | Apr 7, 2026 | Org Chart, Processes

Most procurement teams don’t have a category strategy problem, they have a category taxonomy problem. If your categories are unclear, inconsistent, or overly broad, everything built on top of them starts to break down. And yet, category taxonomy is something that...

Suppliers Who Are Fighting e-Auctions are Missing the Opportunity

by Janice Marquardt | Mar 31, 2026 | e-Auctions, Processes

Ahead of the ISM World conference coming up, I asked my network: What do you want me to cover in my presentations on e-auctions? I received a variety of answers and feedback, and the one that sparked me most came from a supplier. Dan Lunoe at Bamko responded: “I would...

If You’re Not Overcommunicating with Suppliers, You’re Probably Doing It Wrong

by Janice Marquardt | Mar 17, 2026 | Processes

Parenting is hard. Parenting well is harder. My very wise sister-in-law likes to remind me: We’re not raising good kids; we’re raising good adults. Why am I mentioning this in a post about procurement? Because parenting has major and valuable lessons for procurement...

Form, Fit, Function: How Part Numbers Unlock Better Procurement Decisions

by Janice Marquardt | Feb 24, 2026 | Definitions, Processes

Sometimes the engineer part of me comes out. While you’d think it would show up when a machine in my house is broken or when touring a manufacturing facility, it really shows up the strongest when talking about part numbers. (Yes, part numbers.) Did I mention I’m also...

Shifting Sands, Steady Hands: How Procurement Teams Recover When Assumptions Collapse

by Janice Marquardt | Feb 17, 2026 | Creative Solutions, e-Auctions, Processes

This week was the week of shifting sands. I’m not sure why this was the week, but multiple e-auctions I’ve been involved with had last-minute changes, unexpected challenges, and a bit of a scramble. This is a learning opportunity for how to deal with very specific...

The All-Important RFx: Mastering RFI, RFQ, and RFP Strategy

by Janice Marquardt | Jan 27, 2026 | Definitions, Processes

After filling out first day paperwork and sitting through more cybersecurity training than anyone thought possible, the first thing a procurement professional is asked to do is run a bid. Also known as a “tender” in Europe, a bid is fundamental to procurement –...
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  • To Procure Better, Classify Better: Category Taxonomy as a Strategic Supply Chain Tool
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