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Mon 30 Mar 2015
Paul Teague Paul Teague

In the US, its time for March Madness: ups and downs, changing circumstances, and a constant need to adjust strategies and tactics. What you need to thrive at this time has parallels in business, especially in procurement.

 

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Mon 23 Mar 2015
Paul Teague Paul Teague

Though there are still engineers who don’t like to admit it, procurement is a critical ally in their efforts to produce new products. And there’s one other service procurement can provide...

Comment

Mon 16 Mar 2015
Paul Teague Paul Teague

Any discussion of the future of procurement has to include a discussion of the role data analytics – or “big data” – will play. In many respects, it may well be the future of procurement.

Comment

Mon 09 Mar 2015
Paul Teague Paul Teague

In many major manufacturing companies, procurement executives have access to PLM systems and can use information in the systems as they devise sourcing strategies. If that sounds useful, called contract lifecycle management (CLM).

Comment

Mon 02 Mar 2015
Paul Teague Paul Teague

Debate continues to rage around offshoring and re-shoring. Research may suggest that there is no re-shoring trend but anecdotal evidence suggests otherwise.

Comment

Mon 23 Feb 2015
Paul Teague Paul Teague

The old adage can equally apply to procurement’s relationships with key suppliers – especially in the era of the extended supply chain when unexpected supplier actions or practices can cause problems – ought to be common sense.

Comment

Mon 16 Feb 2015
Paul Teague Paul Teague

Third-party relationships are a staple of the modern economy. So are the risks that come from those relationships.

Comment

Mon 09 Feb 2015
Paul Teague Paul Teague

What makes for a highly capable individual, at least in procurement, in these times? I regularly ask that question of CPOs and others I talk with, and occasionally report what they say.

Comment

Mon 02 Feb 2015
Paul Teague Paul Teague

Despite widespread public support for tackling climate change and the risk it presents to global supply chains, a new study has found that US businesses are ignoring the issue that could end up costing them.

Comment

Mon 26 Jan 2015
Paul Teague Paul Teague

We rightly celebrate examples of high ethical standards in procurement and supply chain and rightly criticize apparent lack of such standards as well. There is plenty to celebrate today, but unfortunately also plenty to criticize.

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