SubscribeFor those complaining about price volatility, soft commodities are not a place to be right now. These situations put stress on buying strategies and they don’t show any sign of easing up. Still, for some it’s not just uncertainty driving these erratic prices.
Looking through the soft commodity futures, and particularly the [...]
Does it matter what’s driving price volatility in soft commodities?
Outsourcing market could be primed for the next big thing
If there’s one thing that the service providers I’ve spoken to recently would be likely to agree on, it’s that 2010 has not been easy – not by a stretch. Uncertainty continues to hold back the wild growth that many predicted. But the possibility that customers are beginning to grow restless with traditional [...]
Vance Checketts to head Aberdeen Procurement & Supply Management Practice
Vance Checketts to head Aberdeen Procurement & Supply Management Practice
Vance will be announced shortly as Aberdeen’s new leader for its Procurement and Supply Management. He strengthens an already strong team there. Spendmatters broke the news here.
Vance and I worked together for years at Oracle. During the .com boom days Vance was ‘CEO’ of Oracle’s Exchange.Oracle.Com [...]
Hypotheses on Moving Wal-Mart’s CEO to a New Role: Running Global Sourcing and Online Retailing
In late June, Wal-Mart announced it was moving Eduardo Castro-Wright, formerly the retail giant’s President and CEO of US operations, to a new role running global sourcing and its online retail business. Procurement Leaders succinctly captures the news headline in a dispatch noting, “The move, which sees Bill Simon taking over as president and CEO [...]
Sourcing Optimization: A Basic Primer From an Expert
Sourcing Optimization: A Basic Primer From an Expert
Spend Matters would like to welcome back Dr. Jason Brown, a former CTO at CombineNet, who will further share information on how companies can best apply optimization to their overall sourcing practices. Money Savings
In previous posts, I brought up the fact that if analysts are running analytics without [...]
Allow Change to Work for You
At the root of all growth, we find change. Allow it to work for you not against.
Transformation is a universal constant that affects our lives from the moment we are born until we leave earthly existence behind. At the root of all growth, we find change. Occasionally, change and the circumstances leading up to it [...]
Job Tasks for: “Procurement Clerk”
Job Tasks for: “Procurement Clerk”
Prepare purchase orders and send copies to suppliers and to departments originating requests.
Determine if inventory quantities are sufficient for needs, ordering more materials when necessary.
Respond to customer and supplier inquiries about order status, changes, or cancellations.
Perform buying duties when necessary.
Contact suppliers in order to schedule or expedite deliveries and to resolve [...]
Adding work to an existing “already sourced” portfolio
When adding work to an existing “already sourced” portfolio, there are several considerations one should consider each time. While it is often an easy decision to choose a quick solution or the incumbent service provider, something important typically gets overlooked in these scenarios.
1. Understand how big it is. Before you bid something out, do your [...]
Staffing services for clients seeking employees
Staffing services for clients seeking employees!
Are you looking for comprehensive staffing services where impetus is always on careful screening of the appropriately qualified candidates? If yes, then you are at the right place. PSA has been matching the right industrial workers to the right clients.
Procurement Service Associates specializes in harmonizing top talented professional candidates with companies [...]
Fellowship with a Purpose-Starting a Group-Thoughts
If you are feeling the need for community, why not start a group in your area with people of similar interests.
Human beings, by their very nature, love to gather. Yet as much as we crave community, the rigors of real life frequently interfere with our efforts to come together with likeminded individuals. For this reason, [...]