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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...

What makes a manufacturing supply chain unique?

by Janice Marquardt | Mar 25, 2025 | Processes, Supply Chain Career

Several months ago, I published an article on what makes a utility supply chain unique. This article is the same for the manufacturing supply chain – which is a HUGE category with thousands of businesses represented. I’ve been working in and with manufacturers...

Why Your RFP Might Be Driving Suppliers Away — And How to Fix It

by Janice Marquardt | Mar 18, 2025 | Creative Solutions, Processes

Some months ago on LinkedIn, I saw an account rep run a poll about all the questions he had to answer for a Request for Proposal (RFP), asking his fellow sales team peers about their experiences with long question lists. This struck me because my reaction was: why is...

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,...

Short-Term Tariff Strategies to Keep Procurement Costs in Check

by Janice Marquardt | Feb 25, 2025 | Processes, Savings

I try to stay off of bandwagons. But (you knew that “but” was coming, didn’t you?) I was at a client’s site this week reviewing category strategies, and of course the subject of trade tariffs came up. Then on a call with a different client this week, someone brought...

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...
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