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,...
