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Sourcing Innovation Brings You The Best From the Best

Starting next week, Sourcing Innovation will be running a special series on “Sourcing Tomorrow: The e-Leaders Speak” that will feature pieces from the visionaries behind many of the top e-Sourcing and e-Procurement vendors. So far, a dozen leaders of a dozen leading e-Sourcing and e-Procurement vendors have agreed to put their thoughts to paper on what technologies and strategies you can use to climb out of the recession and ride the leading edge of the wave to recovery. Up first will be Iasta (David Bush), Vinimaya (Gary Hare), Enporion (George Gordon), Trade Extensions (Garry Mansell and Chetan Raniga), and SafeSourcing (Ron Southard). Aravo (Kevin Cornish), Coupa (Dave Stephens and Jason Hekl), and Ketera (Chris Newton), and possibly a few others, have also agreed to participate.

But Sourcing Innovation isn’t going to stop there! After that, Sourcing Innovation will be bringing you “Sourcing Tomorrow: The Service Leaders Speak” where the likes of Jim Wetekamp (of Bravo Solution), Bart Richards (of The Claro Group), Bob Rudzki (of Greybeard Advisors), Mark Usher (of Treya Partners), and William Dorn (of Source One Management Services), among others, will be bringing you their thoughts on how service and solution providers can help you climb out of the recession and ride the wave to profitability faster than your competition.

And Sourcing Innovation isn’t going to stop there either! When the second series is complete, Sourcing Innovation is going to invite selected bloggers to respond to the first two series and the changing markets with their thoughts.

But that’s not all! Sourcing Innovation also plans to run a couple of very special series this fall. First up will be an 8+ part series on Overcoming Cultural Differences in International Trade, partially based on the work of our resident expert on international trade, Dick Locke. This series, which will be edited by none other than Dick Locke himself, will address some key issues in International Purchasing and how they materialize in your global sourcing endeavours.

As promised in Supercalifragilisticexpialidocious, Sourcing Innovation will also run a multi-part series that dives into the recent CAPS Research focus study on “the role of optimization in strategic sourcing”. Taking it piece by piece, I will address the points that need to be highlighted, the points that need to be addressed (but weren’t), and the points that were a bit misleading and make sure that, once you have digested the report and this special series, you have the best understanding of today’s strategic sourcing decision optimization technology that you can have.

I’ll also be reviewing some of the new releases by those vendors that decided to keep their heads above the sands and innovate through the downturn (and maybe I’ll even coerce the Sourcing Maniacs out of hiding).

And that’s just the beginning. Stay tuned!

And the Ratings Roller Coaster Ride Continues

Because I will not publish comparative rankings that cannot be substantiated by one or more external sources, and because I claimed that SI was ranked #1 among the supply management blogs the first time this blog took #1 in the Alexa rankings (primarily because it was the ranking site most favored by the blog that was ranked #1 on Alexa for quite some time), I have no problems pointing out that, as of Saturday (August 15), Sourcing Innovation slid back to the #2 spot on Alexa (with an Alexa rank of 324,279) while Spend Matters climbed back on top (with an Alexa rank of 317,868). [Get the Updated Facts]

But that’s fine by me. Why?

  1. Sourcing Innovation Always Bounces Back
    Every second time the ranking engines “renormalize” their ranking algorithms, my ratings drop. But they always bounce back. And even if SI doesn’t ever make #1 again (on Alexa), that would be okay because I’m confident SI will continue to do what it has done since day one … and that’s grow in visitors, visits, and hits and continue to grow in breadth and reach — and that’s all that really matters.
  2. Spend Matters Brought Back the “A” Game
    The last few months have seen not only an increase in the quantity of posts, but in the quality … harkening back to the early days when Spend Matters was breaking new ground. The in-depth coverage of the Staffing Services Providers in particular (in the late Spring) was great and brought you useful information that you can use to help you identify the providers that might be right for you. And as long as Spend Matters posts information that helps you, dear reader, I have no problem nipping at its heels.
  3. SI’s goal was to be the #1 niche blog dedicated to Innovation
    SI is about “best practices, education and innovation in sourcing, procurement, and supply management” and bringing you useful information day-in and day-out that can help you become a better sourcing and procurement professional. It was never the intent to make SI a news site, forum, commentary on current events, talk radio, print publication replacement, or analyst alternative. SI, which grew 30% in unique visitors in a single month last quarter, is doing phenomenal against its goal. What more could I want?
  4. SI Still Outranks A (Large) Number of (Big) Print Publications in (Daily) Web Traffic
    Sure the print publications have more recipients on the paper-copy and e-mail lists, but when it comes to daily web-traffic day-in and day-out, SI does very well because, unlike these publications which offer very little new content on their web site in any given week, SI brings you new content every single day.
  5. SI is Still the #2 Blog in Supply Management
    SI reaches (well) over 10,000 unique visitors every month. This traffic, combined with its steady growth, is why SI has ranked #1, at least temporarily, on each of the five major traffic ranking sites over the past six months.
  6. SI is very close to another big milestone.
    One where it will be only the second blog in the Supply Management space to achieve that milestone. SI is only three years old. The best is yet to come.

And SI’s traffic, which is still increasing month-over-month, is extremely impressive for a niche blog in Supply Management, so I’m quite happy with its progress … and the next post will be back to regular programming.

Speculation is Fun … But You Should Get the Facts

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Speculation, a favorite pass-time of many bloggers, is fun, but you should get the facts before you sponsor any blog.

That being said, it never hurts to latch on to a winner early (especially if a sponsorship is being priced competitively), and there are a few up-and coming winners out there, particularly if your focus is narrower or broader than supply chain innovation, education, and best practices. So, if you are a forward-thinking marketer who knows your traffic is going to the blogs (after all, the only traditional publication that appears to get more regular web traffic than this blog is Purchasing), I’d highly recommend that you consider putting your logo on multiple, complimentary blogs and make your brand #1 in the eyes of your prospective, and discerning, customers.

First off, in the supply chain space, I’d recommend taking a close look at Bob Ferrari’s Supply Chain Matters. While still on the low end of the middle ground in the rankings (between Procurement Insights and Supply Excellence), Bob has been churning out high quality content since day one. If Bob decided to make Supply Chain Matters a daily blog, stepping up from his sporadic posting schedule of about every three days on average, I think Supply Chain Matters could shoot up the charts and quickly become, without question, the third most visited blog in supply and spend management space.

Secondly, in the related Metals space, I’d highly recommend Aptium Global’s Metal Miner. Now augmented with it’s MetalMiner IndX service, Metal Miner, which now claims to be the fourth largest online metals publication (and the traffic engines appear to support this claim), has been bringing you quality information on the metals market since it’s launch in December of 2007. It’s no-nonsense approach to quality information day-in and day-out, coupled with it’s metal pricing index that is updated daily, has allowed it to climb to the point where it is now also the third most trafficked supply chain blog (which you can verify through external triangulation across the five major traffic ranking sites). Quite impressive.

Thirdly, in the broader enterprise solutions space, I’d recommend Vinnie Mirchandani‘s Deal Architect. While Vinnie doesn’t tend to do deep dives into particular solution offerings very often, he offers a myriad of insights on a regular basis that can help you get a very strong understanding of the enterprise software space if you read it regularly. And that is one heck of a useful service … especially since you’d have to subscribe to Gartner or Forrester to get the same quality of insight, and they’re certainly not free!

Well, those are my recommendations if you’re on the market for (multiple) blog sponsorships as an innovative, thought-leading organization.

Sourcing Innovation Is TOP Supply and Spend Management Blog

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I’m thrilled to announce that Sourcing Innovation, for the first time, has claimed the top spot in the premier traffic ranking engine. As of today:

Blog Alexa Rank
Sourcing Innovaiton 490,495
Spend Matters 593,501
Supply Excellence 1,018,417
Procure Insights 1,406,646
e-Sourcing Forum 2,470,120
Purchasing Certification Blog 2,723,725

‘Nuff said.

Nine Hundred and Forty Three Thousand Five Hundred and Eighty Four

Nine Hundred and Forty Three Thousand Five Hundred and Eighty Four words later (including the words in this post), or Thirteen Hundred and Eighteen posts later (which does not count the dozens of guests posts on other blogs, including e-Sourcing Forum, Supply Excellence, Procurement Leaders, and Deal Architect), and Sourcing Innovation (SI) officially turns three. Although not that long of a time, even in net-time, it is extremely significant in blog-time, especially for a blog that posts every day, twice a day on work-days.

It has been a great year. Growth has continued to the point where not only is Sourcing Innovation undisputedly (at least) the second most trafficked blog in the space any way you want to look at it, with well over 10,000 unique visitors a month (from thousands of organizations), but it’s reach on the search engines is, on average, three times that of any other blog or publication in the space. And, of course, it’s reach and influence is still growing … globally … without any signs of slowing down, especially now that a few of the thought leaders like Kevin Brooks, Norman Katz, and Dick Locke, who have posted regularly on SI since day one, have decided to take on regular contributor roles.

However, I still contend that the best has not been written. Even though this blog has covered the full range of the sourcing and procurement cycles, from spend analysis to contract management through requisition to e-payment and reconciliation, and branched further into enterprise cost management, supply chain risk and fraud management and prevention, and global trade with the help of some guest authors and contributors, and continued to keep green, sustainability, talent management, supply chain finance, and other best practices in the forefront, it’s still only scratched the surface. There is still more to tell, and even though the Sourcing Maniacs made a herculean effort, still many more vendors to cover — and with our understanding of supply chain, and the world in general, increasing by the day, you can never stop learning — and never, ever, stop innovating. And that’s what Sourcing Innovation is all about.

(So if you’d like a piece of this action, at a cost less than your average Google ad-words or trade publication e-mail blast campaign on a per eyeball basis [because, when you get right down to it, it’s impressions that matter], check out the Open Pricing Model and contact us using the contact information in the FAQ. You won’t be disappointed.)

[Of course, this also means that Sourcing Innovation will reach the 1,000,000 word mark next month. This puts Sourcing Innovation in a very exclusive club. To find out how this value can benefit you, again, please contact us.]