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Cash Flow and Customer of Choice: Where Procurement Can Create Value

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...

Why Direct and Indirect Spend Aren’t Just Jargon (and Why You Should Care)

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:...

Supply Chain Maturity: When is Your Organization Ready for E-auctions?

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...

Harnessing the Pareto Principle: Get Better Results with Less Effort

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,...

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