TESS Academy hosts inaugural Masterclass

The TESS™ Academy has completed its first Masterclass and we would like to congratulate the participants on becoming the first individuals to achieve a TESS Academy Masterclass certification for on 'Advanced Optimisation’ 

The intensive three-day course taught some of the most advanced optimisation techniques available today while providing users with practical techniques they can apply to ‘real world’ situations faced by their organisations.   

Trade Extensions, co-founder and Chief Scientist, Fredrik Ygge, who delivered the course, said, “The Masterclass gives users ‘hands on’ experience with many advanced strategic sourcing and optimisation techniques and their organisations will benefit hugely from applying them in practical situations.” 

The next Advanced Optimisation Masterclass is taking place in Chicago from 6 – 8 June 2016 and TESS users wishing to enrol can do so through the TESS Academy. 


The Future of Procurement - New White Paper

Peter Smith (Spend Matters) and Sigi Osagie (author of Procurement Mojo) have produced a new white paper looking at the current state of procurement and predicting how it will fare in the future.

It's a fascinating insight and a must read for every procurement practitioner.

The FREE white paper can be download here:  The Future of Procurement


TESS Academy launch new e-learning course

The TESS Academy is launching a new series of advanced e-learning modules for TESS users. The Level 3 course comprises 15 separate modules covering advanced topics including Project Planning, Bidder Management, Formula Writing, Issue Resolution, Optimisation and Custom Reporting. Designed for more advanced users of TESS, the new modules build on the fundamental skills covered in Levels 1 and Level 2 where users learn the principals of advanced sourcing and optimisation and how to launch a simple sourcing project on the TESS platform. 

Trade Extensions users will also gain access to an ebook written exclusively for the TESS Academy by Dr Michael Lamoureux, one of the most respected experts in the advance sourcing and optimisation fields.  The Strategic Sourcing Lifecycle: A Brief Introduction provides a comprehensive explanation of how strategic sourcing has developed and also how to identify, plan and execute a strategic sourcing project today.

Trade Extensions, CEO, Garry Mansell said, “As technology becomes more advanced and strategic sourcing projects become more complex it is essential that sourcing professionals understand how best to use the tools that are now available.  The TESS Academy, and the new Level 3 course in particular, will certainly help our users learn how to use our platform more effectively but the leading edge techniques covered by the course will ultimately turn them into better buyers.”



Complex Sourcing: Are You ready?

In his latest White Paper, Dr Michael Lamoureux examines what exactly constitutes complexity in sourcing - it's not as simple as it sounds.  For example, size isn't everything and some categories that have traditionally been considered 'simple' exhibit all the hallmarks of complexity and companies who do not embrace this complexity are missing out.

The paper also provides guidance on what you should look for from a strategic sourcing platform in order to source complex categories effectively.

Download the white paper here - Complex Sourcing: Are You Ready?


Congratulations to Tetra Pak team for ‘Operational Excellence Award’ win

Working with Trade Extensions and its eSourcing and optimisation platform, TESS™, Tetra Laval’s Group Transport & Travel team win the ‘Operational Excellence’ category in Tetra Pak’s annual ‘Excellence Awards Programme’. 

The ‘Excellence Awards Programme’ recognises exceptional teams and individuals across Tetra Pak and the ‘Operational Excellence Award’ rewards systematic and long-term improvements to its ways of working. 

The Group Transport & Travel team secured the award for implementing an eSourcing solution and taking a significant step towards achieving Tetra Pak’s strategic goal of ‘professionalising purchasing’ by automating the process for receiving, analysing and evaluating tenders from logistics suppliers.

Congratulations to everyone involved and read the full story here.