by Janice Marquardt | Feb 25, 2025 | Processes, Savings
I try to stay off of bandwagons. But (you knew that “but” was coming, didn’t you?) I was at a client’s site this week reviewing category strategies, and of course the subject of trade tariffs came up. Then on a call with a different client this week, someone brought...
by Janice Marquardt | Feb 4, 2025 | Savings
One of the first places company leaders go looking for savings is supplier payment terms. While this seems simple, payment terms are more complicated than they first appear. Payment terms usually appear in the contract or even as part of the purchase order terms, if a...
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 | Dec 24, 2024 | Processes
Because this week is Christmas and this post will publish on Christmas Eve, let’s talk about sourcing a live Christmas tree as a supply chain professional. Now, true to form, this post is coming too late to do anything about it this year, which is appropriate for the...
by Janice Marquardt | Nov 26, 2024 | Creative Solutions, Supply Chain Career
In this season of gratitude here in the U.S., I’m reminded of one of the best pieces of professional advice I ever received: Don’t say “I’m sorry,” say, “Thank you.” The anecdotal wisdom is that women apologize more than men, but research shows it’s a little more...
