The Unintended Consequences of “Net-Never” Payment Strategies
An accomplished procurement executive recently joked with me that their prior employer’s vendor payment terms were “net-never.” The phrase resonated with me and my team, as we’ve witnessed just how […]
Inflation or padded profits? As suppliers levy excessive price increases, defend your bottom line
It is unmistakably correct that indirect suppliers are viewing real inflation as a margin-grabbing opportunity. What, then, can vulnerable buyers do to defend their bottom lines in these times? [...]
IPCC’s Latest Warning Drives an Urgent Climate Call-to-Action—Join Us in Answering the Call
On August 5, 2021, the UN’s Intergovernmental Panel on Climate Change (IPCC) released its 6th Assessment Report on Climate Change. There’s a good chance the report crossed your radar like […]
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Tales from the Field: a pest control off-contract spend example
If you are looking for quick wins and cost savings in your pest control expense management category, you must focus on off-contract and out-of-scope spend. The potential savings can be […]
Procurement Foundry Ask Me Anything with Fine Tune – ‘Cliff Notes’ Recap
Fine Tune CEO, Rich Ham, and Procurement Foundry President, Mike Cadieux, recently “chopped it up” (to steal a phrase from Mike) during an engaging Ask Me Anything session, “Tail Spend: […]
An Update on Fine Tune’s Sustainable Promise
Sustainability and circularity as they relate to procurement and the consumption of goods and services has, for urgent reasons, emerged as an increasingly critical issue facing corporations. At Fine Tune, […]
Expert Q&A: Dr. Elouise Epstein, Partner, Kearney
We recently sat down with Dr. Elouise Epstein to chat about the future of procurement, newly available technologies disrupting the market, and the need to drive value creation. Q: You’ve been […]
Expert Q&A: Jill Robbins, President, Business Fierce
We recently had the pleasure of collaborating with Jill Robbins, President of Business Fierce, on an internal Fine Tune project. As a result, we chatted how Procurement professionals can become […]
The Revolving Door of Corporate Procurement & Resulting Bottom-Line Vulnerabilities: Part III
As detailed in the previous installment of this series, a marathon sales process, which saw four changes to our category contact over a 39-month period, had finally resulted in a […]
The Revolving Door of Corporate Procurement & Resulting Bottom-Line Vulnerabilities: Part II
In the first installment of this series, The Revolving Door of Corporate Procurement & Resulting Bottom-Line Vulnerabilities: Part I, I introduced a few anecdotes highlighting the perpetual and inevitable nature […]