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...
by Janice Marquardt | Sep 16, 2025 | Contracts, Processes
Following last week’s article, you’ve decided you need more contracts to add value and reduce your supply chain risk. Maybe you have a couple of blanket POs and want written terms, or maybe you have a couple contracts on supplier paper. But now what? What does the...
by Janice Marquardt | Sep 9, 2025 | Contracts, Definitions
When I started helping businesses with their supply chains, I was surprised to learn how few had written contracts beyond purchase orders or maybe blanket POs. But I get it. Contracts are expensive, they don’t always seem to have value, and they take forever to...
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...
by Janice Marquardt | Aug 12, 2025 | Contracts, Processes, Savings
There’s only one place I’ll use the word “vendor” instead of “supplier” regularly: Vendor-Managed Inventory (VMI). Why? First, because this is an industry-wide and well-accepted term for having a supplier (or vendor) take charge of your stocking levels, refill used...
