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Know Your Award Scenario

by Janice Marquardt | Sep 30, 2025 | Definitions, e-Auctions, Supply Chain Career

When someone sends me a list of items to negotiate using an e-auction, one of the first questions I ask is: “What is your award scenario?” While a procurement professional should consider this question long before a negotiation, Request for Proposal, or even before...

Enjoy Your Holidays

by Janice Marquardt | Sep 2, 2025 | Benefits, Contracts, Processes, Supply Chain Career

Are you ready for the holidays? Those of you in retail are responding, “Of course, I’ve had to be worrying about stocking up and overseas freight for weeks now. After all, some FedEx Demand Surcharges start on September 29th this year.” The rest of you might be...

We Can’t Do The Things Without the Stuff

by Janice Marquardt | Aug 26, 2025 | Contracts, e-Auctions, Org Chart, Processes, Supply Chain Career

We Can’t Do The Things Without the Stuff “We can’t do the things without the stuff!” she exclaimed during our daily check-in call. She was waiting for the technical team to send final specifications so she could finish building the e-auction. I’m not sure why it...

Why Direct and Indirect Spend Aren’t Just Jargon (and Why You Should Care)

by Janice Marquardt | Aug 5, 2025 | Savings, Supply Chain Career

Like any industry, procurement has its lingo. RFP, RFI, RFX, bids, suppliers vs. vendors (that’s a whole other topic!), maverick spend, cost avoidance, tail spend, e-auction, TCO, punchout, and a myriad of other things. But presiding over all of these other terms:...

Build Value in Supply Chain by Thinking Like an Engineer

by Janice Marquardt | Jul 15, 2025 | Supply Chain Career

Like most supply chain/procurement professionals, I definitely didn’t start here. I was going to be an engineer, climbing the expected chain from Design Engineer to Project Engineer to Engineering Manager and then maybe VP of Engineering. It was going to be organized,...

Tariffs Will Settle At About 10%: An ISM World 2025 Keynote Roundup

by Janice Marquardt | Jun 10, 2025 | Creative Solutions, Supply Chain Career

To the chorus of a thousand clinking name badges, we sat down last week to the ISMWorld 2025 keynote speaker: Kevin O’Leary. “Mr. Wonderful.” His insights and thoughts over the next hour or so were fascinating, thought-provoking, and edged into thoughtful criticism of...
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