Blogs


Source One Round Up: August 16, 2019

26/08/2019 06:31 | Share

August 16, 2019
Here’s a look at where Source One’s cost reduction experts have been featured this week!

New Interview:
Perspectives: Practitioner Q&A
Reginald Peterson, Inside Supply Management, 8/2019
In the latest issue of ISM’s magazine, Corcentric Director Reginald Peterson discusses the challenges facing today’s Procurement professionals. True spend management, he suggests, still eludes many organizations.

Upcoming Events:
Procurious Big Ideas Summit | Chicago, IL | 9/18
Industry…

Please visit the www.StrategicSourceror.com for the rest. Brought to you by: Source One Management Services, LLC.

Friend or Frenemy: How Procurement can help establish a real strategic partnership with your supply base

26/08/2019 06:31 | Share

Why do business owners and category stakeholders continue to maintain incumbent relationships that are damaging and costly to business operations? Is this resistance to change due to the longevity of the relationship, lack of category expertise, free dinners, or just pure laziness to invest in the market for a better fit solution and supplier engagement?
I once had a customer whose 20+ year long relationship with its marketing firm resulted in 40% higher costs compared to the competitive…

Please visit the www.StrategicSourceror.com for the rest. Brought to you by: Source One Management Services, LLC.

ICYMIM: August 19, 2019

26/08/2019 06:31 | Share

ICYMIM: August 19th, 2019
Source One’s series for keeping up with the most recent highlights in procurement, strategic sourcing, and supply chain news week-to-week.  Check-in with us every Monday to stay up to date with the latest supply management news.

3 Tips to Improve the ‘First Mile’  of Your Supply Chain
JP Morris, Spend Matters, 8/15/2019
Companies who design a solid foundation to work from have a clear advantage in the industry. The flaws in your supply chain will carry…

Please visit the www.StrategicSourceror.com for the rest. Brought to you by: Source One Management Services, LLC.

Infographic: Tips and Tricks for the RFX Process

26/08/2019 06:31 | Share

The RFx process will essentially determine whether your strategic sourcing initiative is strong and successful or a total flop. The way you approach an RFx will not only leave a lasting impression on your potential supply base, but it will determine how efficiently you will get the information you need to inform your purchasing decision.

You want your RFx documents to read direct and concise. You certainly don’t want your work to come off as worthless documents to add to a supplier’s shred…

Please visit the www.StrategicSourceror.com for the rest. Brought to you by: Source One Management Services, LLC.

6 Sustainable Procurement Best Practices You Need to Know

26/08/2019 06:31 | Share

This blog comes to us from Megan Ray Nichols of Schooled by Science. 

When it comes to improving sustainability and optimizing operations, procurement channels are some of the first places to focus on. After all, the supply chain not only accounts for most costs and sources of inefficiency, but produces more emissions than internal operations typically do.

It’s not just about external parties and processes, however. Inefficiencies can come from within, too. Achieving a transformational…

Please visit the www.StrategicSourceror.com for the rest. Brought to you by: Source One Management Services, LLC.

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