As a practitioner, I really struggled to access what I would consider to be actionable or informative insights to help inform my sourcing and category strategies.
The companies that I worked for rarely invested in supply market information, and so I was left to dig deep to find the information that I thought would be helpful. But how did I know if a source was reputable or not? Most often, I didn’t.
This weeks “Must Read” addresses this challenge head on.
Jeanette Jones, a supply market intelligence expert, shares a handy checklist that you can use when determining if the sources of information you are using are trust worthy or not, along with a number of red flags to be aware of.
Detecting Fake News and Baloney During Procurement Research | Jeanette Jones, Cottrill Research
2.
OTHER INTERESTING ARTICLES
Supplier Collaboration Roundtable – My 5 Takeaways | Mark Perera, Old St Labs (Vizibl)
No, Robots Will Not Run Procurement by 2020 | Jason Busch, Spend Matters
Innovation is as Much About Finding Partners as Building Products | Michael Uhl & Chandra Gnanasambandam, Harvard Business Review
Long Tail Spend 101: New School Approaches | Magnus Ekman, Tradeshift
Different Country, Same Procurement Culture? | Procurious Blog ft. Kim Brown, Dell
Sustainable Procurement Requires Perseverance | Corey Searcy, MIT Sloan Management Review
Do You Have Too Many Suppliers? | Michael Lamoureux, Sourcing Innovation
3.
NEWS
Survey: Finance Says Procurement Savings Do Not Reach the Bottom Line | Rich Weissman, Supply Chain Dive
4.
@ THE ART OF PROCUREMENT
Podcast: 145: Negotiate Win-Win Deals with Supplier Specific Sourcing Intelligence (3SI) w/ Michael Shaw
