Idea Lounge


Oct
22

Taming the Procurement Tornado

By Editor

 

Speeding Complex Categories to Market with Fewer Hands on Deck

 

As companies focus on core competencies, resources are shifted away from internal service organizations, in particular procurement departments. Ideally, the theory is that lean strategic sourcing teams select suppliers and…

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Apr
3

What You May Be Missing

By Editor

Too often, strategic sourcing initiatives are far better at identifying potential savings than delivering real savings that clients can actually measure. Real results often bear little resemblance to projected savings – with shortfalls exceeding 20 to 30% in many…

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Jan
1

Aligning the Interests of Buyers and Suppliers

By Editor

The Counterintuitive Truths of Supply Chain Management 

 

Important ideas get lost in translation when moving from concept stage to real-world execution. LogicSource believes the best way to align buyer and supplier interests is to embrace the counter-intuitive truths of supply…

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Mar
16
transparency and trust

Transparency, Trust, and Collaboration in Supply Chain Management

By Editor

March Industry Roundup

A roundup of late 2014 supply chain articles highlights the industry trend toward “transparency” across supply chain management operations – transparency across the operation AND transparency in buyer/supplier or buyer/provider relationships. Thought leaders across the spectrum found…

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Dec
22

The Gorilla And The Hummingbird

By Editor

“It’s like trying to be the 800 pound gorilla and a hummingbird at the same time!” remarked a senior executive discussing the challenges of achieving excellence in strategic sourcing and procurement.

That comment raised two questions: What did he mean?…

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