Supply Market Intelligence for Procurement Professionals: Research, Process, and Resources

  • 4h 39m
  • Jeanette Jones, Kelly Barner
  • J. Ross Publishing
  • 2015

This reference provides procurement professionals with the process, practical real-world tactics, and guidance needed to design and develop a supply market intelligence program that will integrate with existing procurement team structures and processes, and deliver significant value to an organization as a whole. The authors clearly explain each of the concepts introduced and then provide the background, steps, and resources required to make their successful execution possible.

KEY FEATURES:

  • Presents an easy-to-understand foundational explanation of supply market intelligence and a process for creating this program capability within specific procurement efforts
  • Details how supply market intelligence advances strategic sourcing, category management, supplier relationship management, risk assessment and mitigation, spend analysis, and procurement transformation efforts, as well as how to build a business case for it
  • Supplies a detailed listing of quality research resources organized by source type and industry/category spend (all determined with an eye for value) and outlines how to determine resource quality factors and when to pay for content or research assistance
  • Includes Quick View Analysis charts for easy identification of research resources provided for supplier identification and diligence, commodities pricing, agriculture, chemicals, energy, metals, plastics, contingent labor, marketing, MRO, and travel

About the Authors

Jeanette Jones (MLS) has over 20 years experience providing corporate business and strategic sourcing research services and is the founder of Cottrill Research, a provider of supply market intelligence research services. She has established libraries with research functions for Arthur Andersen and the IT Vendor Management Group at Bank One (JP Morgan Chase) and provided research services for the Strategic Sourcing Group at Wachovia. She has served as an adjunct professor at Ohio Dominican University where she taught a Special Libraries class for the Library and Information Sciences Department. She has also taught research and information literacy skills to students at Collin College and College of Southern Nevada and has authored detailed research guides covering the subject areas of business, supply chain management, and hotel/casino management. She currently maintains the Cottrill Research Blog, which provides news and analysis about the latest research and information resource offerings for procurement professionals.

Kelly Barner (MLS) is the Managing Editor of Buyers Meeting Point, an online resource for procurement and purchasing professionals, and has over a decade of experience working in procurement and supply chain. Her unique perspective on supply management is based on her time as a practitioner, a consultant at a solution provider, and now as an independent thought leader. Ms. Barner is a popular and regular guest content contributor to publications and blogs such as Procurement Insights, the American Purchasing Society Journal, the eSourcing Forum, and ThomasNet's IMT Procurement Journal. Since 2011 she has delivered a weekly procurement Internet radio update that covers the coming week's events and a guest soundbite with editorial commentary. Ms. Barner has her MBA from Babson College, an MS in Library and Information Science from Simmons College, and a BA in English and History from Clark University. In 2012, 2013 and 2014 she was awarded a Provider 'Pro to Know' designation by Supply & Demand Chain Executive Magazine, and in 2013 she was also recognized as one of 28 'Top Female Supply Chain Executives'.

In this Book

  • Supply Market Intelligence for Procurement Professionals—Research, Process, and Resources
  • Preface
  • Overview of Supply Market Intelligence
  • Supply Market Intelligence as Part of the Procurement System
  • Supply Market Intelligence Creation Process
  • Supply Market Intelligence Research Tactics
  • The Business Case for Supply Market Intelligence
  • Quality Assurance
  • Research Resources
  • Supplier Identification (Not Market/Category Specific)
  • Supplier Research, Diligence, and Risk Monitoring
  • Industry and Market Research
  • Best Practices and Operations Benchmarking
  • Procurement Service Provider Directories
  • Consulting Firms
  • Procurement Professional Associations and Organizations
  • Procurement Websites, Networks, and Communities
  • Procurement Online and Print Magazines and Journals
  • Procurement Blogs
  • Procurement Basics— Dictionaries and Reference Sources
  • Country and Geopolitical Risk
  • Commodities Pricing—All Commodity Inclusive
  • Agriculture
  • Chemicals
  • Energy
  • Metals
  • Plastics
  • Contingent Labor and Professional Services
  • Information Technology
  • Logistics
  • Marketing
  • Maintenance, Repair, and Operations, and Facilities Management
  • Travel and Meetings
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