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BeyondRed &GreenBooks..[Away from AMS, OPs, BPs & NOLs, this is a snippet of procurement happenings around us. An informalmedium for procurement colleagues to share news, views and new developments in Procurement]

Procurement Tweeters

who to follow? Source: SpendMatters by Peter Smith on September 28,

2011 When we wrote about Twitter re-

cently, we had a very reasonable comment

from Michael Kirby who said If someone

was new to twitter, who would be your top5 people to follow on procurement mat-

ters? A great question and one that has

sent me into a paralytic state of indecision

for the last two weeks or so! Ive thought

about categorising my suggestions; ex-

panding out beyond just procurement

people and so on. But perhaps I should just

answer the question.

Anyway, here are five who would give

you a good blend of procurement and

related news and views with an element of

something more personal.

@DAtkinson4PCDavid Atkinson is

perhaps the procurement professional

(consultant, trainer, lecturer) who has best

embraced Twitter as a personal and busi-

ness brand builder not in a calculatingmanner, hes just very good at it, and

combines personal and business stuff very

well.

@arunsrinivasan3Arun Srinivasan is

VP, Marketing and Strategy at Fieldglass,

and writes a good combination of business

links and some personal com-

ment. (@FieldglassInc is also one of the

better solution provider Twitters)

@DrGordy- Gordon Murray, procure-

ment academic and consultant, doesnt

write much personally but is very good for

links to a range of interesting procurement

stuff

@j_p_webbJonathan Webb works for

the Procurement Intelligence Unitwe

could go for his boss as well @markpererawho is interesting and varied. Jonathan

was Tweeting through the recent riots (in

his street) which made for quite a dramatic

evening following him!

@fastcompanyNot really procurement,

but technology and inspiration and a good

one to follow

Katherine Caughran, @psbdelegation,

who I follow and enjoy, and who Tweets

personally as well as linking to her daily

on-line newspaper where she picks up

interesting stories from a range of websites

(including this one).

Stephen Ashcroft (@Farrington1978)

says @tcummins at IACCM is a consis-

tently interesting read. (Tim Cummins is

an all-round impressive guy actually).

management tips.

The Potential of Social Media and Procure-

ment : Extracts from the article author: Jonathan Webb,Procurement Intelligence Unit

We have often blogged about the potential benefits of social me-

dia - but what exactly are they? The PIU has conducted a number

of events on social media, which spoke to a number of procure-

ment professionals from various countries. Although procurement

has yet to fully grasp the opportunities of social media, there are

some leaders that are extracting value from early adoption.

Firstly, it is important to remember that social media does notonly mean Facebook or Twitter. Companies such as Ariba are

developing their own platforms which can offer a similar service

that are more focused towards business use. In addition, there are

new entrants to the market, such as Google+, which extend poten-

tial functionality. At its core, social media is about communica-

tion and collaboration. As a vehicle forcollaboration, the informal nature of social media allows fopen discussion of ideas in order to innovate new products and approaches to procurement.

But also, its ability to allow for a two-way flow of information enables an easy channel forcomm

tionbetween buyer and seller. By enabling the two sides to coach their discussion in a broader marcontext allows communication to be easily contextualised within industry trends and developments

deed, some have even suggested that social media can be used as a part of SRM.

However, a possible avenue of use for the social media is also within market intelligence. This cavide the organisation with information about recent developments, as well as an impression of how

perceived as a buyer. Not only can these identify trends, but also as a means for spotting new produ

well as information about particular suppliers. In this sense, risk management can be enhanced by

these platforms, especially with their ability to act as early indicators.

For instance where information may be scarce, or obscure, the only available source of informatio

be micro-blogs. Conversely, in an age of free-flowing information, there may also be an issue of to

data. Where press reporting on certain issues - such as the Japanese tsunami - the relevant fact whic

fects your supply chain may be crowded out by the general reportage.

Vol. XII Decembe

Editorofthis issue:

KaleshKumarDesgin&layout:

PayalM. MadanEditorialTeam:

SenapatiBalagopal

KaleshKumar

http://spendmatters.co.uk/author/peter-smith/http://spendmatters.co.uk/procurement-professionals-tweet/http://spendmatters.co.uk/procurement-professionals-tweet/http://spendmatters.co.uk/procurement-professionals-tweet/http://paper.li/psbdelegation/procurementhttp://www.procurement-iu.com/blog/2011/11/the_potential_of_social_media_and_procurementhttp://www.procurement-iu.com/blog/2011/11/the_potential_of_social_media_and_procurementhttp://www.procurement-iu.com/blog/2011/11/the_potential_of_social_media_and_procurementhttp://www.procurement-iu.com/blog/2011/11/the_potential_of_social_media_and_procurementhttp://paper.li/psbdelegation/procurementhttp://spendmatters.co.uk/procurement-professionals-tweet/http://spendmatters.co.uk/procurement-professionals-tweet/http://spendmatters.co.uk/author/peter-smith/

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For Procurement profession,Face-to-Faceis out &is in..

The general perception is that procurement profession-

als interact with more people within an organiza-tion. And beyond the office, our interactions are ex-

pected to be limited to suppliers, vendors, consultants

and at best the Govt. counterparts! With the financial

meltdown, Senior Management in many corporate have

started interacting and taking opinions of their procure-

ment team, as the focus is now how to save some

more from the production costs! Some still consider

procurement as an independent island or republic!

However with the arrival and wild fire kind of spread

of World Wide Web, the Procurement Management is

now depending more and more on the internet to get

the job done. Facebook, Twitter and other Social me-

dia and online operations have become just as impor-tant as the phone and email. In this issue of BRGB, we

are focusing on the development and use of social me-

dia for procurement management. My pick for this is-

sue is an extract from inter-

actions between famous

management and technology

expertDennis D. McDon-

ald, Ph.D.and SupplyMan-

agement.com journalist Nick

Martindale

This Newsletter is a collage of available articles from public domain for limited internal sharing of information. This does not reflect views or positions of World Bank or a

y further information contact pmmadan@worldbank.org*.

Donkeypedia- the social media action project in EuropeDonkeypedia is the most favourite and often called crap European project. Donkeypedia is across media project with a donkey that travels through European nations, a

quest for the identity of children and youngsters. The donkey is very mod-ern, he carries various devices (laptop, GPS, camera etc). All this equip-

ment is being charged by solar power. The Donkey is digitally directed bylocal children, from village to city, from province to province, from nation

to nation. Children collect stories, art expressions, movies and objects thatrepresent something essential about their place and its residents, resulting in

a kaleidoscopic platform that reveals the European identity bit by bit, stepby step.

How could a social networking initiative, led by a donkey, get through any procurement process?

It takes a sort of mad genius to dream up such an idea, then convince budget holders to hand over

the loot (7 million Euros). They really have spent 7 million Euros to send a donkey aroundEurope. It I heard that the project, has run into problems in certain countries. In one Spanish village,

the locals wanted to throw it off the church tower and it was almost eaten (as a delicacy) in Romania.

Then, in the UK, it was mistakenly rescued by NEDDI (New European Distressed Donkey Initiative).

Procurement Humor:

IBMStudy Finds Facebook and Twitter Play a Big Role in Purchasing Decisions By Erica ThinesenA new study conducted by IBM reveals that social media platforms like Facebook and Twitter play a large role in influencing consumers. IBMclaims that Facebook and Twitter not only influence peoples purchasing activity online, but also in brick and mortar stores.

According to the study, more than 50 percent of the respondents, between ages 16 and 64, use social media platforms on a regular basis for shopping

assistance. Another 35 percent claim they rely on social networking platforms to read product reviews. One major revelation i s that retailers offeringspecial offers and discounts on social networks greatly influence peoples shopping habits. Around 57 percent of the respondents claim that they follow re

online just to get free product trials and special discounts.

"Social media provides a new window through which retailers can deliver a more personal brand experience across all buying channels, said IBM's comtions regional leader, David Hogg. By harnessing real-time customer analytics from social media, retailers can act upon what is being said, delivering a marketing offer Based on the customers' shopping profile, preferences and decisions, helping retailers to maximise revenues," he added.

Read more:http://www.itproportal.com/2011/09/06/ibm-study-find-facebook-twitter-play-big-role-consumer-purchasing-decisions/#ixzz1gaCMoNyj

Happy Birthday !!!

HOSSAIN TanvirDec 03

Hossain, Md. FarukDec

KHAN, Mainul Husain Dec

LEWIS, Sabra

Dec 16DE MEL, Jayantha Dec 1

PATEL, SangeetaDec 21

HAQ, Azhar-ulDec 23

SULTANA, Jinia Dec 30

MADAN, PayalDec 30

Editors Pick :

http://www.ddmcd.com/about-me/http://www.ddmcd.com/about-me/http://www.ddmcd.com/about-me/http://www.itproportal.com/staff/ericathinesen/http://www.itproportal.com/staff/ericathinesen/http://www.itproportal.com/2011/09/06/ibm-study-find-facebook-twitter-play-big-role-consumer-purchasing-decisions/#ixzz1gaCMoNyjhttp://www.itproportal.com/2011/09/06/ibm-study-find-facebook-twitter-play-big-role-consumer-purchasing-decisions/#ixzz1gaCMoNyjhttp://www.itproportal.com/2011/09/06/ibm-study-find-facebook-twitter-play-big-role-consumer-purchasing-decisions/#ixzz1gaCMoNyjhttp://www.itproportal.com/2011/09/06/ibm-study-find-facebook-twitter-play-big-role-consumer-purchasing-decisions/#ixzz1gaCMoNyjhttp://www.itproportal.com/staff/ericathinesen/http://www.ddmcd.com/about-me/http://www.ddmcd.com/about-me/