The Shifting Market for Procurement Market Intelligence – A Quick Segmentation
While we tend to segment, profile and analyze procurement solution areas more frequently, the market for procurement market intelligence – including data, content and platforms – is evolving just as rapidly. However, we find that most procurement organizations generally know much less about their options in this area than technology. In the coming months on […]
Nestle Adopts Sustainable Sourcing Standards for KitKat – Lessons for Procurement
As further evidence that global companies must have truly global standards for supply chain and supply responsibility practices,Nestle recently announced it will adopt a global sourcing standard for the cocoa in a key global product: the crispy, mildly chocolaty KitKat bar. This announcement has some significance, as the Consumerist blog reported, because the chocolate industry […]
Special Delivery – by the Daily WTF
I’ve had The Daily WTF ever since discovering the SAP Laundry story there… it’s a hit or miss. But today’s story is a real gem. “Okay, I’m here!” he angrily announced once he stepped foot in the lobby. “So let’s do this! What do I need to—” Brad stopped mid-sentence. His eyes were immediately drawn […]
Gold, Commodities and Procurement Strategy — A Big Disconnect
We scanned a familiar headline in The WSJ earlier today that gold was up yet again. Specifically, “Gold for December delivery, the most actively traded contract, rose 0.2% to $1,144.10 an ounce … [and is] set to end the week higher by more than 2%….
Is Buffet Betting on a Commodities Gold Rush With His New Railroad?
Over on Spend Matters affiliate site MetalMiner, my better half, Lisa Reisman, recently speculated about some of the reasons why Warren Buffet may have bought out the rest of Burlington Northern. For all you Berkshire groupies, the deal is particular…
