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...
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:...
by Janice Marquardt | Jul 8, 2025 | Definitions, e-Auctions, Savings
On a call with a client today, they asked me how a “lump sum” bid is different from a “unit price” bid. This led to a larger discussion about risk vs. cost in a supply chain and this client team said to me, “You should write an article about this topic.” So here we...
by Janice Marquardt | May 13, 2025 | e-Auctions, Processes
Inevitably when you write a book, there are pieces you find you left out. It’s like DaVinci said – “Art is never finished, only abandoned.” Only in this case, a book is never finished, but at some point your publisher says, “It’s done now, leave it!” So as we...
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...
