by Janice Marquardt | Mar 10, 2026 | Contracts, Savings
Cash flow is always important to any business. But when times get a bit tight, suddenly cash flow comes into sharp focus and executives start asking how to improve it. We are in an era where companies everywhere are holding cash to pay tariffs, systems are changing as...
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 | 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 15, 2025 | e-Auctions, Processes
“The 80/20 rule always applies” is a phrase I’ve lived with so long I don’t even know where I heard it first. But I’ve definitely repeated it – to my teams, to clients, to my poor family who are no longer at all interested (if they ever were). But what is it,...