Global Leaders in Procurement & Negotiations (PSCMInstitute.com)

Purchasing Contract Law

Here’s Why Your Legal Dept Holds Up Negotiations

I’ll cut to the chase on this one: The problem is not the legal department.  The problem is you and your procurement dept.  Let me explain. There’s really a few pieces involved.  We’ll knock one of them out now.  The legal dept is viewed as overhead.  That means they will never be sufficiently funded, and […]

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Your Purchasing Contracts are Killing You – Here’s Why

I’m going to keep this one really short. I want you to look in the mirror and ask yourself how much free, productive time you have every day on the job as a purchasing professional. Be honest. The truth is, and I can say this based on my years of global experience, is that you

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Supplier Negotiation Strategies, Part 4

This is the last in this series for now – a series about supplier negotiation strategies. It’s all about counter-intelligence, and knowing what suppliers may do, and being able to anticipate, respond, and diffuse such strategies. Of course I have a multitude of content on such counter-intelligence strategies, but there is only so much I

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Purchasing Training ~ Are You Managing Contract Spends?

Just about the worst thing that happens in our profession every minute of every day is the overspending of contracts. If you ask me what’s one of the biggest sins that purchasing commits, this is the one I’d pick. Busting your tail to negotiate a great contract and then letting the contract get overspent… throwing

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