Comparing the why, what and how of performance-based and Vested Outsourcing models in CRE Article by Kate Vitasek and Michele Flynn in the latest issue of CREJ Volume 8 Number 1 The concepts of Vested outsourcing® (as developed by University of Tennessee researchers) and performance-based contracting have significantly risen in popularity as more and more […]
Vested
Trust the Price Tag?
The concept of a price tag is only about 140 years old. Prior to that transactions were a negotiation between buyer and seller. Basically, everything was a yard sale, with haggling expected. Today of course, haggling about the price of an airline seat or an entree at your favorite restaurant is a lost cause. The price […]
Most Negotiated vs. Most Important Contract Terms
It’s here! IACCM has released this year’s report on the most negotiated contract terms, which provides insight into the contracting practices of more than 2,100 organizations. One of the major insights of the survey identifies . Writing recently in his Commitment Matters column, IAACM president Tim Cummins said that participants confirmed “the steady shift of business […]
Carillion Needed a Strong Dose of Vested
Carillion, the large British multinational facilities management and construction services company that went bankrupt early this year, is a textbook example of how not to collaborate, communicate and well, do business. Julie Jackson, managing director at OCS Group, summed up the situation nicely in a recent article for FMWorld. “If we can’t agree on a different way […]
Outsource Magazine — June 2018
Prahalad and Hamel: Corporations and Core Competence Column by Kate Vitasek published 2 June 2018 in Outsource Magazine. Here’s the link: http://outsourcemag.com/prahalad-and-hamel-corporations-and-core-competence
Contracting Excellence Journal — May 2018
Smarter way to harmonize all parties to the contract Article by Kate Vitasek published 30 May 2018 in IACCM’s Contracting Excellence Journal Do we exist within the contracting paradox – “the delusion that we write contracts to make plans, but we cannot really plan accurately,” and, as a nice twist, we trick ourselves into believing that […]
SupplyChainBrain — 2018 Resource Guide — Vested articles
Go for ‘Best Fit’ – Not ‘Best Practice’ — Metrics Avoid Strategic Drift in Your 3PL Relationship with a Sound Governance Structure The articles by Kate Vitasek and Karl Manrodt were published in SCB’s 2018 Resource Guide.
Retailers/Manufacturers: Try Some SC Collaboration
Have you been to a mall lately? Does anyone even bother to go to the mall anymore? ? Dan Gilmore, editor of SupplyChainDigest, addressed this problem in a recent First Thoughts column and he rightly concluded that the problem is more than simply the rise of e-commerce, though obviously it is a big factor. “The […]
Outsource Magazine — April 2018
Lacity and Willcocks: The Dynamic Duo of Dynamic Outsourcing Practice Column by Kate Vitasek published 27 April 2018 by Outsource Magazine Here’s the link: https://tinyurl.com/ycp4baqb
Outsource Magazine — March 2018 — 2-in-a-Box
Supplier Relationship Management (SRM) is all the rage and for a good reason. Far too many “strategic” contracts have been developed (especially outsourcing contracts) that do not include sound SRM practices.
