Price is what you pay. Value is what you get!

businessman points to chart of profit

The above quote comes from Warren Buffet, talking about sales and marketing. However, I feel that the quote is equally as relevant for Supply Chain and Procurement professionals, especially in today’s climate, where there is constant pressure on reducing costs and ultimately squeezing the Supply Chain. Is this really a longer term option? I don’t believe… Continue reading Price is what you pay. Value is what you get!

A Little Mistake That Cost a CFO £15m and Why I Suspect You May Be In Danger of Repeating It…

I bumped into an old colleague last week and we soon started talking about our respective ‘war stories’ – one of which I became fascinated with and want to share with you today. Mike was completing due diligence on a potential acquisition for one of his clients and was looking into the supply chain contracts… Continue reading A Little Mistake That Cost a CFO £15m and Why I Suspect You May Be In Danger of Repeating It…