by Janice Marquardt | Jul 8, 2025 | Definitions, e-Auctions, Savings
On a call with a client today, they asked me how a “lump sum” bid is different from a “unit price” bid. This led to a larger discussion about risk vs. cost in a supply chain and this client team said to me, “You should write an article about this topic.” So here we...
by Janice Marquardt | Jul 1, 2025 | Processes, Savings
A few months ago, I had the immense privilege of working with the team at Iowa State University’s Center for Industrial Research and Service (CIRAS) to assess the supply chains at eight small Iowa-based manufacturers. The lessons we learned and their common threads...
by Janice Marquardt | Jun 10, 2025 | Creative Solutions, Supply Chain Career
To the chorus of a thousand clinking name badges, we sat down last week to the ISMWorld 2025 keynote speaker: Kevin O’Leary. “Mr. Wonderful.” His insights and thoughts over the next hour or so were fascinating, thought-provoking, and edged into thoughtful criticism of...
by Janice Marquardt | May 6, 2025 | Creative Solutions, Definitions, Processes
A large part of many corporate jobs is presenting data. Typically presented in chart form, data is intended to help others (especially management) make decisions, plan for the future, and understand the current state. This is especially true in a supply chain team,...
by Janice Marquardt | Apr 8, 2025 | Creative Solutions, Supply Chain Career
So you’ve been invited to a meeting with the consultant your company just hired. Ugh. What do they even know? They’re going to come in with their glossy PowerPoints and get everyone riled up, and then they’re going to leave you holding the ball. It doesn’t have to be...
