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...
by Janice Marquardt | Jul 22, 2025 | Contracts
After a hard-fought battle, you finally have contract terms and conditions with a supplier. Awesome! But now you want to use that same supplier for a different material or different scope of work, and the idea of renegotiating that contract again is daunting. It’s...
by Janice Marquardt | Jul 1, 2025 | Processes, Savings
A few months ago, I had the immense privilege of working with the team at Iowa State University’s Center for Industrial Research and Service (CIRAS) to assess the supply chains at eight small Iowa-based manufacturers. The lessons we learned and their common threads...
by Janice Marquardt | May 27, 2025 | Contracts, Processes
I frequently see companies early in their supply chain maturity journey using blanket purchase orders almost like a “light contract.” At first I found this somewhat odd, but for a company with a small supply chain, it makes sense. Blanket orders don’t require nearly...
by Janice Marquardt | Mar 11, 2025 | Contracts, Creative Solutions
Contract exclusivity clauses are interesting. Suppliers almost always like them, but some companies use them and some don’t. Today let’s talk about what they are, when they are used, ways to structure them, how to negotiate using them, and enforceability. Note: This...
