Filed in Procurement
Thursday, May 05, 2016
Many companies have little visibility into their external spend in a detailed and holistic manner; it is fragmented, managed in silos by disparate stakeholder groups, and under-leveraged as a result.
Procurement is at an inflection point. For many leading companies, procurement has been transformed into a linchpin of enterprise strategy. Yet many remain trapped by outdated paradigms and struggle for influence within their companies. Here’s how organizations can reinvent the procurement function and put the past behind them.
Suppliers can inform product development and the R&D group can help select the best suppliers.
Thursday, April 28, 2016
A new study released recently from global management consulting firm A.T. Kearney promises to provide supply chain managers valuable advice on risk mitigaition
Monday, April 18, 2016
The purchasing function plays a vital role in driving revenue and requires superior capabilities to ensure long-term competency.
Friday, April 15, 2016
There are three distinct categories of talent necessary for achieving optimal performance: “procurement employees” are just one of the three categories.
Posted on 04/15 at 08:23 AM
Supply Chain •
Monday, April 11, 2016
Managing costs with limited resources poses a particularly vexing challenge to corporate procurement leaders.
Thursday, April 07, 2016
The effective leader makes the effort to understand root cause issues, designs a transformation plan to address gaps, and takes action to implement that plan no matter what the politics may be.
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Tuesday, April 05, 2016
Chief Procurement Officers face unique challenges when entering a new business culture