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November 2009 Newsletter

Greetings! 

Is anyone else stressed and looking for relief? Do you think there must be a way to get the job done effectively but perhaps more efficiently?

In this economy, we are often asked to do more with less - specifically with time and resources.

This month we will be introducing two tools for your kit that will absolutely help you in getting the job done.  

First we are featuring a book, The Black Book of Outsourcing. Check out the review here.

Next, we are pleased to announce a new partnership with Globuyteam. This organization offers a consortium of procurement professionals that could lead to strong leverage in the marketplace.

If you have a book that you have come across and think it is worth sharing, send us a note to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .  

Featured Publication for November 2009

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Any BMP member involved with an outsourcing initiative, whether it involves offshoring or not, will find this book an indispensable resource.  Authors Brown and Wilson include a multitude of quotable statistics that can be used in executive presentations as well as practical tools for completing the day to day work in outsourcing projects. 

For example, in their chapter titled "Making the Decision to Outsource", an Outsourcing Decision-Making Scorecard is included to walk an individual or a team through a structured consideration of the the institutional setting, risks, goals and objectives and provider evaluation for each process or service being considered for outsourcing.  This is accomplished with twenty straightforward yes/no questions that force the internal due diligence so critical to the success of an outsourcing effort.

The authors are clearly pro-outsourcing, but without losing sight that this approach is not appropriate for all services in all industries.  They also constantly reinforce the point that unless an effort is undertaken with the requisite planning and resources, an outsourcing project is no more likely to be considered successful than any other project - despite the additional risk, political sensitivity, and ambiguity that outsourcing project leaders face.

While the majority of the book is dedicated to running outsourcing initiatives, there are also sections on starting a career in outsourcing and starting an outsourcing business.  If you have been tasked with managing or participating in an outsourcing effort, this book will serve as a solid foundation as well as a daily reference for the duration of the project.


Join our LinkedIn Group 

We have put together a group on LinkedIn. Come join us and be affiliated with others in the procurement profession. Share ideas, ask questions and expand your knowledge to strengthen your skills. Check out the information recently posted by Jon Hansen(Procurement Insights) regarding Intel and another article around the use of podcasting.  Click here and register.

 

eSourcing Providers

We have assembled a reference list for you of eSourcing providers with a brief description of each one. There are so many to review this may give you a quick start towards determining which is the best fit for your organization. 

Click here for the eSourcing list

 

 Dates to watch

We have listed a few dates coming up that may be of interest to you and worthwhile for expanding your knowledge of the procurement field.  Come visit our site as we continually update our Upcoming Dates and Events for your convenience.

Thursday December 3 (Webinar 1 hour)

Print Procurement: Quality and Savings

 

Thursday December 10 (Webinar) 

AMR Research: The Sustainablity Outlook for 2010 

 

Thursday December 10  (Webinar)

Operating in the new Normal: Procurement after the Recession 

 

Thursday December 10 (London 2 hours)

Procurra Sourcing - Intelligent Spend Analysis - Breakfast Briefing  

 

Online Negotiation Suite  

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Procurra Sourcing is our partner in Online Negotiation tools, making it possible to optimize your buying process by using an online negotiation suite complemented with professional services. Registered members are eligible for preferred pricing.  They have been hard at work and are featuring the following upgrades:

·      Updated company and user profile administration site

·      Updated messaging functionality within eRFx module

·      Improved log functionality

·      Participants can maintain their own contact info

·      Customized list of payment terms

·      Partial Quantity Bidding within the eRFx module

·      Dutch and Polish language

Click here to get more information

 

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Have a look at the site of Plan International our global charity partner. We are quite excited to be affiliated with them and to be able to contribute in that manner.

 

 

 
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Our Partners

Partners of Buyers Meeting Point believe in similar missions and values, we are proud to have collaborated efforts in this way. Please contact us for information on becoming a BMP partner.
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