Category Archives: Miscellaneous

101 Procurement Damnations – We’re Almost There!

Our upcoming post chronicles our 80th Procurement Damnation that you, as a Procurement professional, have to deal with on a regular, if not daily, basis. That’s a very large number of damnations and we’re still not done! As per our halfway post, the damnations we’ve chronicled to date aren’t the only pervasive damnations that get in your way and pester you on a daily basis! We still have 21 damnations to go!

However, before we start the final stretch, we thought it would be a good idea to summarize the list to date so that you could go back and review any posts in the series that you might have missed during your hectic conference season as this is SI’s biggest and most aggressive series to date, much longer than both the 15-part “Future” of Procurement series and the 33-part “Future” Trends Expose series (that followed) combined and double the length of the maverick‘s 50 Shades of Pay series (assuming it gets completed) which, to date, only has 14 parts up and available for your reading pleasure.

There’s more that could be said, but as we’ve already said so much and still have so much more to say, without further ado, here are the links to the first 80 for your reviewing pleasure.

Introductory Posts

Economic Damnations

Infrastructure Damnations

Environmental Damnations

Geopolitical Damnations

Regulatory Damnations

Societal Damnations

Organizational Damnations

Authoritative Damnations

Provider Damnations

Consumer Damnations

Technological Damnations

Influential Damnations

Bonus Posts!

There’s No Return on Customization.

the doctor does not attend many events, but hen he does one thing he regularly hears is Company B saying that there is no platform that meets there needs so they are buying Solution S from Company X and customizing it through the vendor or a third party.

Before one more organization does this, the doctor needs to scream DON’T! In this day of age there is no return on enterprise software customization … no matter what the vendor or 3rd party may tell you.

Why?

1) Time to Delivery

If the functionality is truly valuable, by the time it is delivered, another vendor is sure to have equivalent functionality on the market ready and waiting for your implementation.

2) Up Front Cost

Custom development is a huge cost — which may never be realized given the average IT project failure rate and the average return.

3) Maintenance Cost

Out of the box functionality is covered under standard warranty and standard maintenance agreements — custom modifications usually require high hourly rates to contract scarce development talent for as long as is needed to fix any bugs or do any required upgrades.

4) Delayed Upgrades

While everyone else gets upgrades and new, free, features on the provider’s schedule, you get to wait and wait and wait until the talent has the time to address, and complete, the necessary upgrades to the custom modifications you made to allow the base system to be upgraded — this can be months (or years) and efficiency losses will add up on a daily basis!

When you put it all together, the costs will typically outweigh the benefits. So put the effort in to finding the right vendor with the right system and when it comes to customization, just do NOT do it! The only company that profits off of customizations is the vendor doing the customizations, because they are the company at the bottom of the money pit while their clients keep shovelling the money in.

Seventy Five Years Ago Today

Disney released Fantasia, which contains The Sorcerer’s Apprentice, Mickey Mouse’s designated comeback role at the time. (Yes, even the great Mickey Mouse once needed to make a comeback.)

A modern classic, which is the American Film Institute’s 58th greatest American film, it contains a classic story line that is very important to modern enterprise professionals, and procurement professionals in particular, everywhere.

Simply put:

You cannot successfully employ the tricks of the master until you gain mastery yourself.

And, furthermore:

Trying to automate a process you cannot control will simply flood you.

For those of you who haven’t seen The Sorcerer’s Apprentice, Mickey decides that the best way to accomplish his chores is by animating, and then replicating, a broomstick to gather the water from the pool, carry it to the castle, and clean the floors. He does the classic set-it-and-forget-it, takes a nap, and the unintelligent automatons keep going and going until the castle literally floods, putting Mickey in quite a pickle of a situation until the Sorcerer comes home to undo the mess Mickey created.

In the modern enterprise, even if you are overwhelmed by a task, you can’t simply install the first piece of technology that comes your way to automate the task and expect the situation to improve if you don’t first understand what is required, define the right process, and make sure the right process is implemented, a bad situation will quickly become worse, much worse. For example, instead of having ten thousand invoices that can’t be adequately processed, a poorly implemented e-Invoicing solution will give you ten thousand invoices that are queued waiting for manual review and validation before they can be exported to the payment system. Instead of not having time to process the invoices between payment, and overpaying by about 1.5% on average (due to duplicate invoices, overcharges, and payments for goods not delivered), the organization can’t pay the majority of suppliers at all, and supplier sentiment goes from amicable to full fledged animosity in just a few months. (And your SRM efforts go down the toilet.)

If you haven’t watched The Sorcerer’s Apprentice, the only segment of the original Film that was included in Fantasia 2000, find 8 minutes and do so. The power of today’s technology is terrific, but never let technology replace wisdom.

Three Hundred and Fifty Years Ago Today

The (London) Gazette, the oldest surviving journal (which is one of the official journals of record of the British Government), was founded. Considering that many publication these days don’t even survive three point five years, the fact that a journal has survived in continuous publication for three and a half centuries is astounding. It’s longevity is probably aided by the fact that certain statutory notices in the UK are required to be published in official journals, but one has to be honest here — if it were to disappear, the notices would just shift to other journals.

Imagine the pride that Henry Muddiman, a name not even well known by many of today’s journalist students would have felt to know that a publication he began is still thriving three-hundred and fifty years later. With the web came the ability for just about anyone to start a new media publication, but how many of the new media publications started twenty years ago, a mere five years after Tim Berners-Lee wrote the first internet-based hypertext system, are still around today? Very few. The easier publishing gets, the more fleeting it seems to become, and even traditional newspapers are now going the way of the dodo.

Will today’s Supply Management publications stand the test of time? Even Purchasing Magazine, the longest running magazine that chronicled the world’s second oldest (or is it the third oldest) profession ceased publication five years ago. Will Sourcing Innovation and Spend Matters survive beyond the doctor and the prophet, the driving forces behind them? Only time will tell. But it really makes you stop and think about the long history that led up to the print revolution the internet launched.

To aid with your contemplations, here is the link to Another Day by November 7.

LOLCat Would Like to Remind You

That North Americans needed to turn their clocks back last night and that the rest of the world should feel free to continue to call them as if the clocks didn’t turn back as LOLCat doesn’t care about man-made time and wants to eat at the same time everyday regardless.