by Janice Marquardt | Jan 29, 2025 | Processes, Savings
In a deep dive training into Sourcing with a client recently, I mentioned the phrase “tail spend” and was met with a few blank looks. Tail spend is one of those procurement terms that we don’t realize is jargon, and this was a group of people new to the profession. So...
by Janice Marquardt | Dec 24, 2024 | Processes
Because this week is Christmas and this post will publish on Christmas Eve, let’s talk about sourcing a live Christmas tree as a supply chain professional. Now, true to form, this post is coming too late to do anything about it this year, which is appropriate for the...
by Janice Marquardt | Dec 3, 2024 | Processes
In running a Request for Proposal (RFP), timing matters. This includes when it opens, how long it lasts, and when it closes. Today we’ll talk about RFP timing, including opening, running, and closing for the best bid results. We’ll also cover sealed vs. unsealed bids...
by Janice Marquardt | Jul 30, 2024 | Definitions, Savings
Language matters. Early in my supply chain career, my supply chain leader sat across his desk from me and told me, “Vendors sell hot dogs. Suppliers are partners.” I think I was implementing a supplier scorecard program at the time and was constantly referring to our...
