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...
by Janice Marquardt | Feb 18, 2025 | Benefits, Processes, Supply Chain Career
I haven’t been in supply chain management as long as some, but I’ve been around long enough to have some observations on common errors supply chain practitioners make. Some are things many professionals can do better (such as continually learning) and some are very...
by Janice Marquardt | Jan 29, 2025 | Processes, Savings
In a deep dive training into Sourcing with a client recently, I mentioned the phrase “tail spend” and was met with a few blank looks. Tail spend is one of those procurement terms that we don’t realize is jargon, and this was a group of people new to the profession. So...
by Janice Marquardt | Jan 21, 2025 | Definitions, Processes
Since it’s still January, we’re right in the thick of Metrics Season. Traditionally this is the season where we measure everything, take a look at our upcoming year, and then decide to measure everything we measured last year and also add a few more. While today we’re...
by Janice Marquardt | Dec 31, 2024 | Processes, Supply Chain Career
Allow me a moment of self-indulgence, as I review this past year. This post may also be a bit more personal than most and is a chance for reflection. 2024 was a good year for Passwall Solutions, and I’m proud of the work I have done. I am still a solopreneur, not yet...
