Sean Kolenko
To both the seasoned and the novice procurement, purchasing or supply chain professional, the topic of supply chain management (and the creation of a coherent set of best practices therein) can be a source of stress. That’s because effective supply chain management is a lot of work.
December 17, 2014
Matt Lim
The legend of Santa has evolved over the centuries. From the original Saint Nicholas (Nikolaos of Myra) of the 4th century all the way to the modern day red suited jolly old man being pulled by a team of reindeer, the legend of Santa has managed to live on.
December 16, 2014 Sean Kolenko
Indirect costs, courtesy of businessdictionary.com, are “expenses (such as for advertising, computing, maintenance, security, supervision) incurred in joint usage and, therefore, difficult to assign to or identify with a specific cost object or cost centre (department, function, program). Indirect costs are usually constant for a wide range of output, and are grouped under fixed costs.”
December 4, 2014 Sean Kolenko
LKQ Corporation is North America’s largest supplier of used auto parts – a Fortune 500 company with extensive operations throughout North America and Europe. In 2013, LKQ Corporation reported more than US$5 billion in revenue.
December 2, 2014 Sean Kolenko
Okay, we admit it: we spend a lot of time of talking about the procurement process, but little about actual procurement process implementation.
December 2, 2014