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From Tactical to Strategic: Why Procurement Needs to Chase Value, Not Just Savings

by Janice Marquardt | Aug 6, 2024 | Definitions, Savings, Supply Chain Career

The inimitable Mathew Schulz posted on LinkedIn last week about how the best procurement pros chase value instead of savings. This got me thinking about savings vs. value, and the differences between a procurement team who thinks tactically vs. one who thinks...

What makes a Utility Supply Chain unique?

by Janice Marquardt | Jun 18, 2024 | Definitions, Org Chart, Supply Chain Career

Supply Chains in different industries have a lot in common – including price sensitivity, negotiations, the importance of resiliency, warehouse space issues (always either too much or too little), and the typical process of bid to purchase order to receipt. However,...

Supply Chain Structure: One Central Team or Decentralized Services?

by Janice Marquardt | Jun 3, 2024 | Org Chart, Processes, Supply Chain Career

Recently we’ve been talking about which C-suite role a supply chain team reports to, both the more common executive leaders and the less common ones. So today we’re going to talk a bit about the structure of a supply chain team in an organization. In particular, we’ll...

C-Suite Smackdown Continued: Who Else Could Lead Your Supply Chain?

by Janice Marquardt | May 21, 2024 | Creative Solutions, Definitions, Supply Chain Career

Continuing our conversation from last week, let’s talk about some of the less common spots a supply chain team can fit into an org chart. Last week we looked at having the supply chain leader report to the CEO, CFO, COO, CRO, and CAO. This week, let’s look at the...

Contracts in Focus: Understanding Contracts as Instruments of Purpose

by Janice Marquardt | May 7, 2024 | Definitions, Processes

This morning as I checked my inbox, I had a survey waiting for me from World Commerce and Contracting. The survey sparked me because it asked a set of questions about the purposes of contracts, and I found my answers highly varied across the questions. I will note...
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