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Invest in Procurement and Employee Training Not High Priced Consultants

Why do organizations continue to use high priced consultants and consulting firms instead of their own talented employees? Before I answer this, I must confess that I am an experienced consultant having worked for both small and large consulting firms.

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Book Review: Lean TCO

We often talk about how procurement and supply management professionals need to focus less on negotiating savings and more on creating value. But the actually process we are supposed to follow to acco...

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Book Review: Sustain Your Gains

Sustain Your Gains, by Michael McCarthy, is ultimately a guide to human behavior in the face of change. Although the initial sections of the book serve as a primer to Lean and Six Sigma methodologies,...

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Book Review: Kaizen Kreativity (OOPS!)

Kaizen Kreativity is the fifth book by Dr. Tom DePaoli, and the third one I have reviewed. Like his other books, Kaizen Kreativity combines examples from his diverse professional past with easy to com...

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Book Review: Business Operations Models: Becoming a Disruptive Competitor

“The big idea behind this book is that the way a company configures its operations to deliver this brand experience to customers – while delivering viable financial performance – is an opportunity for...

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Book Review: Broken Windows Management in Business

One of the most powerful things you can do with broken windows management is to empower your employees to fix their own issues whenever possible.” (p. 35)   In his fifth business book (seventh ov...

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Book Review: The Lean Supply Chain: Managing the Challenge at Tesco

The supply chain may be the best organized in the world, but if trust and transparency are not there the commercial results will not materialize. - The Lean Supply Chain, p. xxiv The Lean Supply ...

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Book Review: Avoiding a Supply Chain Apocalypse

Dr. Tom DePaoli recently released Avoiding a Supply Chain Apocalypse. It is a collection of the best advice he has to give on topics ranging from relationships to negotiation to Kaizens and story...

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Have you Considered ‘Laundering’ Your Savings?

This week’s Wiki-Wednesday article is about the challenges of capturing savings due to cost reduction and avoidance. One of the sections addresses Total Cost of Ownership (TCO), and the difficulties of calculating and reporting on those costs.

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