Another weekend is coming - time for another issue of the Procurement and Supply Chain articles overview.
For more daily news, check out my Twitter account @procurementB
Enjoy!
Key skill sets for the negotiators of the future - In this practitioner advisory post, Jonathan O’Brien, CEO of Positive Purchasing Ltd, internationally recognised expert on negotiation and published author, explains what we need to start to do differently to succeed and gain advantage in the future.
7 Keys to a Successful Reverse Auction - Reverse Auctions are a great way to generate significant cost savings. According to CNBC, companies are typically saving 10 to 20% by using reverse auctions, but I’ve also seen others quote savings over 30%. However, it’s got to be done right. So, how do you run a successful reverse auction?
5 Tips to help prevent and control Maverick spend - A little innovation never hurt anyone. But whilst Maverick Spend may cause us to re-evaluate our processes, it can wreak havoc and cause long-lasting damage. Georg Roesch outlines 5 ways you can prevent it from happening and keep it under control.
How A Digitized Supply Chain Revolutionized Commercial Heating And Cooling - One company, Iowa-based Lennox International Inc. knew it needed to reinvent existing processes in order to stay at the forefront of commercial heating and cooling innovation for another 100 years.
Preparing Supply Chain for Looming COVID-19 Vaccine Storage - The final objective is to make sure that quality vaccines are made available from manufacturing companies to the service-delivery levels in an uninterrupted way so that vaccination procedures are not missed out or delayed because of the unavailability of vaccines.
Deloitte: Procurement leaders focusing on cash flow, expanding supply base - With the pandemic marching on, procurement leaders continue to focus on having enough cash and expanding the number of suppliers to reduce supply chain risk, according to Deloitte’s 2020 Chief Procurement Officer Flash Survey.
In Trade’s 2020 Comeback, Globalization Is Alive and Kicking - The COVID-19 pandemic was supposed to put the final nail in the coffin of globalization and prompt a retreat into a new era of protectionism. Instead, some are now calling the crisis the Great Accelerator.
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