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Profit Levers: Where to Find Value in Uncertain Times

by Janice Marquardt | Oct 28, 2025 | Benefits, e-Auctions, Savings

Profit Levers: Where to Find Value in Uncertain Times CEOs really do think differently. When I asked my CEO why we were doing e-auctions, he looked at me and said something like, “When times are tight, we can seek to improve our profits from one of three sources:...

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...

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:...

Lump Sum vs. Unit Price: Procurement Lessons from 30,000 Feet

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...

Supply Chain Maturity: When is Your Organization Ready for E-auctions?

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...
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