Last week, Art of Procurement officially announced the launch of SpendPros, our on-demand category and sourcing enablement consultancy. Click here to learn more about these exciting new offerings...

The events count is back up as we return to a full five day workweek, and the calendar looking forward shows no evidence of a quiet summer! Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

This week – which is a little slow because some lucky people have Friday off in advance of the July 4^th holiday on Monday – is a unique assortment of webinars taking place ‘anyway.’ Two events on direct spend and one that looks at one of the weaknesses in the procurement customer service program. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

“There’s a false dichotomy between cost and safety. Are we willing and able to account for the many costs of not having a quality operation: lack of cooperation, poor leadership, waste, and incidents and accidents? If we really and truly account for them, then safety can pay for itself. Getting it wrong is more expensive than doing it right the first time.” – Capt. ‘Sully’ Sullenberger

Welcome back from the US Thanksgiving holiday! With 5 weeks left in the calendar year (3 effective working weeks) the time to get in your professional development time is now! Click on the title of each webinar below to view the full description and register or visit the BMP events calendar to see what’s on tap for the rest of the month.

** BONUS: Mark your calendars and join me for a live Twitter #Instaschat discussion December 1^st at 1pm ET!

Although we’re a few weeks past the Hanjin Shipping bankruptcy now, the shake up left experts, businessmen, companies, and customers alike wondering what other events could potentially jeopardize thei...

After last week’s busy schedule, this week’s webinar calendar is a little thin. Part of the reason could be that ProcureCon Indirect East is taking place in Orlando from the 6^th to the 8^th. If you’re headed to Orlando, be sure to see Paul Blake and Joanna Martinez – attend their sessions and tell them I said hi. You’ll be glad you did. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

Mark your calendars now – this week all the action is happening on Thursday. If you’re in New York City, consider registering for ISM-New York’s Annual Meeting on Procurement Risk Management. If you’re not already a member and need a connection, reach out to me directly and I’ll be glad to make an introduction. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

Another busy week of events! 11 webinars and ProcureCon Pharma in Philadelphia Oct. 24-26. I’m also presenting a webinar this week, along with Jaggaer and WNS Denali: How can you control rogue marketing spend? We will have an honest (and humorous) conversation about the challenges procurement commonly faces with Marketing and make some recommendations to address them. Click on the title of each recommended webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

In addition to the webinars recommended below, I invite you to join me, Jon Hansen, and Magnus Lind for a Zycus-hosted webinar at 2pm ET on Tuesday, “Automation Deployment And Change Management Best Practices”. ProcureCon IT Sourcing is taking place in Denver, CO Tuesday through Thursday. If you like to plan further ahead, I recommend “Value Drivers And Expectations For The Digital Transformation Of Procurement” from ivalua and The Hackett Group on July 24th.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

The June ISM-New York Report on Business was released on July 3rd at 9:45am Eastern and is available for download here.

Like the other ISM reports, the ISM-New York Report on Business is compiled as diffusion indices –we add the percent of positive responses to one-half of those responding that conditions remained the same.  A reading of 50.0 means no change from the prior month, greater than 50.0 indicates a faster pace of activity, and less than 50.0 a slower rate. Each month is not so much a reading of the current level of activity as it is an indication of growth or contraction from the previous month.

A note specific to the New York Metro area, where all of this report’s respondants are located: they are predominantly in professional services industries. It is important to keep this in mind when we think about the context for the trends being reported by these particular purchasing managers.

The July ISM-New York Report on Business was released on August 2nd at 9:45am Eastern and is available for download here.

Like the other ISM reports, the ISM-New York Report on Business is compiled as diffusion indices –we add the percent of positive responses to one-half of those responding that conditions remained the same.  A reading of 50.0 means no change from the prior month, greater than 50.0 indicates a faster pace of activity, and less than 50.0 a slower rate. Each month is not so much a reading of the current level of activity as it is an indication of growth or contraction from the previous month.

A note specific to the New York Metro area, where all of this report’s respondants are located: they are predominantly in professional services industries. It is important to keep this in mind when we think about the context for the trends being reported by these particular purchasing managers.

One of the aspects of ever-growing experience is the sorrow of knowledge. In times of economic turbulence, procurement could be dragged into a cycle of faulty practices that starts well before the cri...

This content was published on the ATSC Blog on July 27, 2020 Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always be...

This content was published on the Fairmarkit blog on April 20, 2020 If there is one thing you get used to when you work in procurement, it is that no one outside of the field has any idea what we do f...

This content was published on the ATSC blog on April 20, 2020 Seemingly overnight, every procurement professional’s top priority has become helping their company get through the COVID-19 pandemic and ...

Thank you to everyone in the Buyers Meeting Point community that join Art of Procurement’s Mastermind LIVE Fall last week! If you missed some (or even all) of the sessions, be sure to sign up for a fr...

Recent disasters, whether earthquakes, tsunamis, or tornadoes, have threatened business continuity for many industries. As has been pointed out in many recent procurement webinars, this presents an op...

 Supply Chain Risk, by John Manners-Bell, provides a structured look at risk by establishing a series of intersecting dimensions. First the author outlines external risk categories: Environmental...

Buyers and suppliers, they make the commercial world go round. -        The POD Model, p. 1   The POD Model: The mutually-beneficial model for buyers and suppli...