Dustin Cochran is the Director of Member Development for OMNIA Partners and was recently named a 2017 Pro to Know by Supply & Demand Chain Executive for his extensive procurement expertise and work in helping organizations achieve best-in-class spend management programs.
Unrealistic expectations and disappointment often go hand in hand. When evaluating logistics companies and assessing their service proposals, asking questions helps ensure that your expectations are in line with 3PL providers and their capabilities. Asking potential 3PL providers these eight questions can potentially help you avoid costly surprises down the road, such as being locked into long-term contracts with 3PL companies providing poor customer service.
With your year-end tax reporting completed (or close to it, hopefully) now’s the time to start planning for a pain-free 2019.
“Procurement leaders should learn where their sourcing employees spend the most time and whether it is worth the investment.”
The quote is from a 2017 study by The Hackett Group, which goes on to explain that, as procurement's role becomes increasingly strategic, sourcing teams already stretched thin face new demands and procurement challenges. According to that same report, “Are Strategic Sourcing Resources Providing the Best Return?”, the overall strategy of procurement needs to change, particularly around work selection and prioritization.
Most companies say that measuring supplier performance is critical or at least highly important to success. Enterprises simply aren't sustainable without competent, dependable suppliers.
Supplier performance stems from successful relationships. And those relationships develop through effective communication, in addition to well-defined supplier contract agreements.
When you consider the factors that influence your company’s workforce mobility spend, there are the “usual suspects” that come to mind.
Myths pervade our existence. Some people think you need to drink eight glasses of water every day. But in reality, you should just drink when you’re thirsty. Others think that if you shave your hair, it will grow back thicker and darker. Nope, that’s not actually something that happens.
The point is, when you fall victim to a myth, you might find yourself making some questionable decisions.
