In this video, K2 Sourcing provides perspective on reverse auctions for procurement. If you take one thing away from this presentation, it is that a reverse auction is one of many tools to help automate the strategic sourcing and, ultimately, the category management process.
Supply chain failures, data breaches and political instability weigh heavily on the minds of executives
Finding potential leaders among supply chain employees begins with treating everyone fairly, not equally, says Gough Grubbs, senior vice president of Stage Stores. Not everyone has the desire or drive for leadership and recognizing those who do is the first step toward success, he says.