by Janice Marquardt | Aug 20, 2024 | Definitions, Processes, Savings
I first encountered Foreign Trade Zones (FTZs) and bonded warehouses while working for a manufacturer who was getting many components out of China. Before that point, most of my employers were getting the majority of their shipments domestically, either from US...
by Janice Marquardt | Aug 13, 2024 | Creative Solutions, Processes
The hot topic in supply chain for the last few years has been supply chain disruption. Supply Chain Brain’s annual supplier partnership publication is themed around disruption, everyone working anywhere in supply chain in 2021 remembers what working through disruption...
by Janice Marquardt | Jul 16, 2024 | Definitions, Processes, Savings
One of the best tools to share price risks between buyers and suppliers is index-linked pricing. Most procurement professionals have heard of and used commodity indices to tie pricing to the wider market, but in short they are a third-party tracking tool for commodity...
by Janice Marquardt | Jun 3, 2024 | Org Chart, Processes, Supply Chain Career
Recently we’ve been talking about which C-suite role a supply chain team reports to, both the more common executive leaders and the less common ones. So today we’re going to talk a bit about the structure of a supply chain team in an organization. In particular, we’ll...
by Janice Marquardt | May 28, 2024 | Definitions, Processes, Supply Chain Career
What is the difference between “supply chain” and “procurement”? One of my favorite silver linings after COVID is that when people ask me what I do, I now answer “Supply chain” and they reply, “You’re the people who get us toilet paper!” Or sometimes I can see them...
by Janice Marquardt | May 7, 2024 | Definitions, Processes
This morning as I checked my inbox, I had a survey waiting for me from World Commerce and Contracting. The survey sparked me because it asked a set of questions about the purposes of contracts, and I found my answers highly varied across the questions. I will note...
