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Risk: What You Can’t See Can Hurt You
Thomas Friedman likes to point out that the world is flat. And he’s right. As companies have accelerated efforts to gain competitive advantage, the lines between what’s insourced and outsourced have...
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The Focus In Accounts Payable: Silo or Synergy?
On a February 12 webinar produced by the Institute of Finance & Management (IOFM), more than 100 AP professionals heard how Maxim Healthcare Services was improving alignment between accounts...
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Is Your Accounts Payable Department Stuck in the Sand?
Golf is a humbling game. No two courses are alike and, even during a good round, one bad hole can ruin your score. Just think of all the hazards you face on a golf course: trees, out-of-bounds markers,...
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Despite Supply Chain Challenges The Show Must Go On
Supply Chain Network: One Employee’s Solution Supplier relationship managers have a thing or two to envy about Bob – The Employee. This story unfolded a few weeks ago about an employee identified only...
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Supply Chain Innovation: Follow The Lead Climber
My daughter is into rock climbing. So I spend my Saturday mornings watching her scramble up terrifyingly acute slopes with the sound of carabiners snapping to attention as she ascends ever greater...
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E-Commerce: Prepping For The Iron Man Competition
So in my last blog, “It’s 2013…How fit is your organization?”, I challenged businesses on whether they have the essential tools necessary to run a lean and healthy e-savvy business. Did you check off...
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Commerce Collaboration: Turn On The Power – Pt 1
Over the past year, we’ve seen some world-class power outages. Last summer, an estimated 600 million people were affected by a power outage in India. And in early February, the world watched as a power...
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Supplier Design Win 101: Strategies For Building Repeat Business
With Tesla Motors on track to produce 20,000 cars per year in 2013, up from 328 in the last quarter of 2012, the Tesla supplier list is suddenly a great place to be. So what does that have to do with...
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What’s In Your Supply Chain?
A Supply Chain Problem Is No Laughing Matter The big story over here in the UK is the fact that horse DNA has been found in many “beef” products such as hamburger meat and ready-meals. For the...
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What’s In Your Business Network?
Business networks have come a long way since the first EDI messages were sent via telex before being converted into computer data. Today, electronic documents are exchanged securely over the Internet,...
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Commerce Collaboration: Turn On The Power – Pt 2
Business networks have become the Net 2.0 solution for commerce collaboration challenges. Business networks connect your existing back-office systems to all your suppliers regardless of their size,...
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The B2B Dating Game, Part 1: Finding The Right Customer For You
There are 54 million single people in just the U.S., 40 million of whom have tried online dating. Chances are, you or someone you know has done online dating at sites like Match.com, eHarmony, or...
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Monday Metric: Procurement Excellence ‘On The Go’
By Rahul Saraf This week’s analysis focuses on the issue of increasing the effectiveness of the procurement function. Creating and unlocking value in an organization starts with knowing precisely where...
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The Business Network Has The Answers To ‘What’s It Worth?’
One of the popular shows on the BBC is the Antiques Roadshow. The hopeful supplicant arrives with a piece of jewelry, a plate from grandma or a childhood stamp collection. Visitors on the show, in...
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The Dating Game, Part 2: Interpreting B2B Buying Signals
In my last post, I talked about how companies can use online business and social networks to find new customers—kind of like Match.com for B2B. But how do you know when these prospects are ready to...
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Silence – Accounts Payable At Work
Automating Accounts Payable The first step most companies take in joining The Networked Economy is automating their procurement and finance processes and as we start the 2013 Formula 1 season, I am...
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The Networked Economy: Breaking The Fourth Wall
There has been much commentary about Kevin Spacey’s new series, “House of Cards”. On the blogosphere, the talk has been mainly about the innovative distribution method via Netflix. The rise of Netflix,...
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Technology And Society: When The Stars Align
Recently, I was trying to explain to my daughters the concept of “the stars aligning.” It’s funny how we take for granted that these colloquialisms are naturally understood and don’t require...
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Qwerty, Move Over: Innovation In A Networked Business
Innovation in a Networked Business I am typing this blog on a piece of glass, 5 mm thick, connected to billions of devices and the combined knowledge of millions, yet my fingers trace out the pattern...
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New EU Late Payment Legislation: Are You Prepared?
As we enter a new financial year, European Union countries are incorporating EU Late Payment legislation into local law. Are you prepared? Let’s have a quick recap of the new legislation: The Late...
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