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Profit, Power, and Quadrants: Classic Matrices Still Drive Modern Value

by Janice Marquardt | Nov 18, 2025 | Definitions, Org Chart, Processes

I once had a supervisor who was obsessed with what he called “the 4-box model” of procurement. His version graphed supply chain complexity/risk on the y-axis and supply chain cost on the x-axis, classifying suppliers into one of the four resulting quadrants. Low cost...

Profit Levers: Where to Find Value in Uncertain Times

by Janice Marquardt | Oct 28, 2025 | Benefits, e-Auctions, Savings

Profit Levers: Where to Find Value in Uncertain Times CEOs really do think differently. When I asked my CEO why we were doing e-auctions, he looked at me and said something like, “When times are tight, we can seek to improve our profits from one of three sources:...

Enjoy Your Holidays

by Janice Marquardt | Sep 2, 2025 | Benefits, Contracts, Processes, Supply Chain Career

Are you ready for the holidays? Those of you in retail are responding, “Of course, I’ve had to be worrying about stocking up and overseas freight for weeks now. After all, some FedEx Demand Surcharges start on September 29th this year.” The rest of you might be...

Vendor-managed Inventory (VMI): Trusted Suppliers, Real Pitfalls, and Best Practices

by Janice Marquardt | Aug 12, 2025 | Contracts, Processes, Savings

There’s only one place I’ll use the word “vendor” instead of “supplier” regularly: Vendor-Managed Inventory (VMI). Why? First, because this is an industry-wide and well-accepted term for having a supplier (or vendor) take charge of your stocking levels, refill used...

Don’t Start from Zero: When and How to Use Procurement Wrap Agreements

by Janice Marquardt | Jul 22, 2025 | Contracts

After a hard-fought battle, you finally have contract terms and conditions with a supplier. Awesome! But now you want to use that same supplier for a different material or different scope of work, and the idea of renegotiating that contract again is daunting. It’s...
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