“When you are open to share what you know with other people, good things will happen for you.” –Soheila Lunney 

Throughout the month of May, Buyers Meeting Point is covering ‘The Procurement Game Plan’ through a series of interviews with Charles Dominick and Soheila Lunney – both about our questions in response to the book and the trends they observe in supply management as a whole. Our original intent was to interview them about the book, but as we got further into conversation, we found that it was impossible to separate the content of The Procurement Game Plan from their ‘day jobs’. This book is not a retrospective look back or an encapsulation of their careers, but a snapshot from two very dynamic contributors to the procurement community. I highly recommend it as an addition to your professional library.

This week's eSourcing Wiki-Wednesday topic is Seven Facets of Cost Reduction and Avoidance. An excerpt of the article is below, but you can also read the full article on the eSourcing Wiki. Have something to add? The eSourcing Wiki is an open content community and you are invited to register and contribute to this resource, which benefits our whole professional community.

If you are interested in reading more or commenting about this week's topic, read today's blog post on "The Point": A Vision for Procurement Compensation Structures.

Paul Novak, CEO of ISM Talks About Three Ways Our World Got Bigger, Big Changes Ahead for Supply Management and Manufacturing

by Patricia E. Moody, This e-mail address is being protected from spambots. You need JavaScript enabled to view it , Publisher, Blue Heron Journal

Paul Novak, CEO of the thirty-eight thousand member Institute of Supply Management, sees big changes ahead for the profession, and for manufacturing as well.  Looking back on supply management’s last few years, Novak summed up the changes, “"Our world got bigger - supply management will own manufacturing."  But the manufacturing guys don't know it! It started with sourcing controlling contract manufacturing, and went from there.