Three Key Areas for Dramatically Lowering Your Supply Chain Expenses

“The pace of decline of profitability margins is slower than it has been in past years, but they are still…

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5 Emerging Purchased Services Best Practices You Need to Know About

Purchased services management (PSM) is a relatively new discipline for many supply chain professionals. That’s why it is important for…

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5 Ways to Save Big on Your Supply Chain Expenses in 2020

If you are still searching for more big supply chain expense savings ideas for 2020, you have come to the…

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5 New Paradigm Shifts in Your Purchased Service Contract Negotiations to Ensure Their Ultimate Success

Hopefully, we can all agree that purchase services (PS) are different than product contracts. This is especially true on how we specified, measured and negotiated these contracts.  Yet, the biggest difference, as I see it, is that we must become “equal” partners with our purchase service contractors to truly impact our PS cost, quality and outcomes.  This can only be accomplished by adopting five paradigm shifts in your purchase service contract negotiations:

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