Procurement organizations often see challenges in the P2P (procure to pay) process that stem from unclear roles, an overly complex process, or uncertain service channels. But the good news is that the steps, strategies, and tools outlined by ScottMadden come directly from successful procurement transformations across a wide range of organizations and industries. Following these […]
Art of Procurement podcast — 28 June 2021
Vested Getting Traction in IT Outsourcing
Vested gets traction in IT.
Forbes 30 January – PA bridge collapse
Article published by Kate Vitasek on 30 January 2020. Title:: Pennsylvania Should Look To MnDOT’s Success With I-35 Bridge Replacement As A Model URL: https://www.forbes.com/sites/katevitasek/2022/01/30/pennsylvania-should-look-to-mndots-success-with-i-35-bridge-replacement-as-a-model/?sh=1503ee32576f
Case Study Describes the Telenet Vested Partnership with 30 Solutions
In 2016 the Belgium Telco provider Telenet began what it thought would be a six-month strategic review of the changing landscape of commoditization and digitization in the industry and how that impacted Telenet operations. The review also assessed the company’s core competencies to determine areas to consider for more strategic outsourcing. Telenet realized the benefits […]
Your Shared Vision gets you there
A hallmark of a Vested agreement is that it is a formal relational contract. This means putting the relationship first and co-creating a formal Shared Vision that codifies the Guiding Principles for the partnership. In other words, a shared vision is the relationship’s destination, and the jointly negotiated Guiding Principles is the GPS. You need […]
Lessons Learned: the Post-Pandemic Supply Chain
As we leave what amounts to the second year of the Covid-19 pandemic, is it safe to even say “post-pandemic”? I suggest a better title would be “Living with a Pandemic Era New Normal”.
Buyers Meeting Point – Book Review
“Simply put, business happens. Things change, including the underlying deal covered by the contract.”
– Contracting in the New Economy, p. 46
Show up to lead through Vested
As Seth Godin says in a recent blog, “the next big idea” does not have to be fully original or have no competition. Actually, ideas and innovation often build upon each other. As Godin notes, “Henry Ford didn’t invent the car, and there were plenty of social networks before the dominance of Facebook. Madam CJ […]
Harnessing the Power of Sourcing Business Models – SIG Future of Sourcing – Oct. 2021
When a company seeks a strategic supplier, the crucial first step is to choose the right sourcing model, which will make or break the relationship.
