Global Leaders in Procurement & Negotiations (PSCMInstitute.com)

Purchasing Training

Purchasing ~ Are Your Single/Sole Sourced Suppliers Price Gouging You?

I was presenting at an International Purchasing Conference in South America this week. This is for one of the organizations of the IFPSM – The International Federation of Purchasing and Supply Management – and this organization is chartered to drive purchasing excellence for the entire region of South America. I was their headline speaker for […]

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How Suppliers Let Themselves Off the Hook for Poor Performance

Suppliers perform poorly everywhere. Sometimes it’s their fault, sometimes it’s not. Ever see a sports star go to another team and then suddenly lose their magic? You have to wonder if it’s a coaching problem. In our case, a poorly performing supplier may be a purchasing problem! In any event, the one thing you have

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Are You Buying Performance Results From Your Suppliers?

“Pays for Performance” Purchasing Training   Go look at your corporate contract templates. I can already see them in my mind: Goods, Services, Goods & Services, Construction, and Software. You might have some other boutique contract templates, but these are the standard norm for big companies. The problem is this: all of them are written

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Are You Smarter Than the People Selling To You?

Supply Chain Management Counter Intelligence   I think I’ve mentioned to you before that I’ve stopped reading purchasing books. At the risk of sounding arrogant, I don’t learn anything from them anymore, and haven’t in a long while. Heck, that’s why I started writing my own. So what I do now, actually what I’ve been

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Fatal Practices That Drag Cost Savings to a Halt

Purchasing Training ~ Fatal Practices   I was teaching a couple of seminars this week at a purchasing conference in Albuquerque, New Mexico. They were training on Purchasing Contract Law (slashing contract cycle time and catapulting TCO results) as well as on Supplier Management for Agility/TCO. The feedback was awesome; it’s a big part of what

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It Happened Again! Are You Watching Your Customers?

I have to tell you guys, I was completely out to lunch, asleep at the switch for 20 years as a purchasing professional. I’m talking about one particular area of course. There are all these courses on “code of conduct” for purchasing professionals, but whose watching the customer? Are you familiar with the psychological concept

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Data Analysis to Catapult Your Cost Savings – Are You Doing This?

Purchasing Training ~ Data Analysis   I’ve spent over two decades making a living off of the fact that our profession is in complete disarray. I want to fix that problem of course. It doesn’t matter what company or agency I go to, I leave thinking “wow, they are leaving so much money on the

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