How Tiger Could Have Made Better Use of Spend Management Technology (Part 2) …
Dear Readers: Here is the another installment from Jason "Ladies Man Wannabe" Busch. Jason's wife, MetalMiner's Lisa Reisman, just sent me a digital photo from the cruise, showing Jason posing with Minnie Mouse, a nervous smile on his face. Now, Jason insists that the shiner he's sporting is from an accident on the squash court, but my insiders tell me that Minnie was less than happy about some relationship advice Jason tried to give Mickey. Jason, I keep telling you: never take on a rodent bigger than you. --Joy
In the first of this series, I examined how Tiger could have better managed his affairs using a variety of Spend Management technologies including spend analysis, sourcing, optimization, and contract management. In this column I'll continue my analysis, turning my attention to other areas of technology that Tiger might have taken advantage of. Let's start with supplier diversity. In the procurement world, supplier diversity is really about two things: First, intentionally allocating more spend to minority and women-owned suppliers, because they represent a good potential revenue segment, and you've got to spread the love to get the love (even if you're spreading hundreds and getting back dimes, at least you've got something to show for it); second, it's about bureaucratic reporting, because our government feels sorry for all the centuries of discrimination that it condoned against certain protected minorities (but not the Jews, Irish, Italians, Japanese, or any other non-protestants who came over on the boat, were denied jobs, or who were interned by our government at various points in history, but don't get me started on that one).
In the first of this series, I examined how Tiger could have better managed his affairs using a variety of Spend Management technologies including spend analysis, sourcing, optimization, and contract management. In this column I'll continue my analysis, turning my attention to other areas of technology that Tiger might have taken advantage of. Let's start with supplier diversity. In the procurement world, supplier diversity is really about two things: First, intentionally allocating more spend to minority and women-owned suppliers, because they represent a good potential revenue segment, and you've got to spread the love to get the love (even if you're spreading hundreds and getting back dimes, at least you've got something to show for it); second, it's about bureaucratic reporting, because our government feels sorry for all the centuries of discrimination that it condoned against certain protected minorities (but not the Jews, Irish, Italians, Japanese, or any other non-protestants who came over on the boat, were denied jobs, or who were interned by our government at various points in history, but don't get me started on that one).















