Category Archives: humour

A Supply Management Alphabet

Inspired by Edward Gorey.

A is for analysis, of data sets quite large.

B is for bid, which might leave out the surcharge.

C is for contracts to cover our backsides.

D is for demand ‘cross the customer divides.

E is for ethics, which often get overlooked.

F is for finance, where the books will get cooked.

G is for global, the world is our stage.

H is for hub, where our goods get waylaid.

I is for inventory, obsolete by the day.

J is for JIT, a difficult ballet.

K is for Kaizen, often mispronounced.

L is for labour, who strike unannounced.

M is for majeure, which suppliers will claim.

N is for negotiate, the salesperson’s game.

O is for optimize, as we’re lost in the woods.

P is for procure, we need our missing goods!

Q is for quote, where assumptions abound.

R is for requisition, for products unsound.

S is for supplier, our life in their hands.

T is for taxes, which cross many lands.

U is for upcharge, which blows up our cost.

V is for value, which always gets lost.

W is for warehouse, where our goods disappear.

X is for XML, held hostage by the code buccaneer.

Y is for yield, which is never as expected

Z is for zone, where trade is inspected.

PRGX, Prologue

Download and Sing Along! (Midi player required)

Buyer, there’s no need to feel down
I said, Buyer, pick yourself off the ground
I said, Buyer, ’cause you’ve got a new tool
There’s no need to be stressed-out now.

Buyer, there’s a tool you can tread.
I said, Buyer, when you’re short on the bread.
You can rock it, and I’m sure you will find.
Many ways to save a cool dime.

It’s fun to save with the P.R.G.X.
It’s fun to save with the P.R.G.X.

They have all the reports for Buyers to enjoy
You can save cash like the big boys …

It’s fun to save with the P.R.G.X.
It’s fun to save with the P.R.G.X.

You can get your data clean, you can get some insights,
You can report on what you like …

Buyer, are you listening to me?
I said, Buyer, what do you want to be?
I said, Buyer, you can make real your dreams.
But you got to know this one thing!

No one does it all by himself.
I said, Buyer, put your pride on the shelf,
And just find them, find the P.R.G.X.
I’m sure they can help you today.

It’s fun to save with the P.R.G.X.
It’s fun to save with the P.R.G.X.

They have all the reports for Buyers to enjoy,
You can save cash like the big boys …

It’s fun to save with the P.R.G.X.
It’s fun to save with the P.R.G.X.

You can get your data clean, you can get some insights,
You can report on what you like …

Buyer, I was once in your shoes.
I said, I was down and out with the blues.
I felt no one cared if I could survive.
I felt the whole world was so jive …

That’s when someone came up to me.
And said, Buyer, take a a walk up the street.
There’s a group there called the P.R.G.X.
They can start you back on your way.

It’s fun to save with the P.R.G.X.
It’s fun to save with the P.R.G.X.

They have all the reports for Buyers to enjoy,
You can save cash like the big boys …

P.R.G.X. … you’ll save it with the P.R.G.X.

Buyer, Buyer, there’s no need to feel down.
Buyer, Buyer get yourself off the ground.

P.R.G.X. … you’ll save it with the P.R.G.X.

Buyer, Buyer, there’s no need to feel down.
Buyer, Buyer get yourself off the ground.

P.R.G.X. … just go find the P.R.G.X.

Buyer, Buyer, are you listening to me?
Buyer, Buyer, what do you wanna be?

Can John Oliver educate President Trump on the Basics of Supply and Demand?

Nordstrom cut Ivanka Trump’s clothing line, President Trump tweeted about it (and how unfair it was), and it caused a media firestorm. Retail became political fast, on a decision that was, in all likelihood, not politics based. Most retailers exist on (razor) thin margins and the last thing they can afford is to carry inventory that’s not selling, which ties up money and (eventually) results in losses if the merchandise acquired is end of life.

Moreover, it doesn’t matter how well the product line may be doing overall, it matters how well it is doing for the retailer that chooses to carry it. Sometimes a product line increasing in demand flounders at a retailer for various reasons. If most of the consumers who want the product do not live near the retailer, if the retailer does not carry the hot items at the right time, or if the retailer can’t effectively promote the line, it will flounder. And the retailer, due to lack of demand through its stores, needs to make the decision to drop it before they lose money.

It’s yet another example of a statement that illustrates an apparent lack of understanding about the intricacies of supply and demand. It’s even caused people to ask:


And I can understand why. While Mr. Trump clearly understands how to do business deals, and how to build/deliver what (he believes) someone wants (or he wants), that’s deal making, not demand planning, supply monitoring, or an intricate understanding of large-scale supply and demand. Plus, his statements on unemployment rate (which is result of demand, and supply, in the job market) and how it might be anywhere from 4.9%/5.0% to 42% and GDP (as it’s impossible to have a GDP less than zero, only a trade differential) mean that he needs more education and facts on the large-scale economics that govern supply and demand.

But, as the doctor tweeted in response, who would be up to that challenge?

After watching the last episode of Last Week Tonight, he thinks he has the answer.

John Oliver.

Just look at how simplistic his Last Week Tonight show team make a number of issues in the commercials that they specifically developed for Mr. Trump.


If John Oliver can tackle these issues, why not Supply and Demand?