Filed in Procurement
Friday, December 12, 2014
As organizations cope with a myriad of changes, procurement is becoming more strategic and even more important. Authors Gerard Chick and Robert Handfield discuss how purchasing strategies, and the role of procurement professionals, must change to deliver real value and not just lower price.
For years, procurement was boxed into a corner. Its function was limited to negotiating with suppliers to get a better price. Even today, much of procurement is about leveraging an organization's scale to obtain quantity discounts. At the same time, we are seeing the emergence of procurement as a true value added business function. Here's a look at that shift.
Monday, December 08, 2014
Advice for internal decision makers
Monday, December 01, 2014
Within the next three years, most global companies are expected to take up the massive project of centralizing their shared services and outsourcing operations within a single global business services (GBS) organization.
Posted on 12/01 at 04:44 PM
How to get the resources you need, to achieve the results that you know (or suspect) can be produced? Readers of this column should know the answer: “it’s the business case, stupid!”
Sunday, November 30, 2014
A.T. Kearney's 2014 AEP Study finds that the best procurement organizations are at the top of their game. Meanwhile, the rest of the pack is treading water and wondering what's next for procurement.
Monday, November 24, 2014
The road to success starts with creating executive awareness
Monday, November 17, 2014
Management guru C.K. Prahalad always told executives to think big.
Saturday, November 01, 2014
Forward-thinking players are setting their sights on advancing the future of procurement with active value management. But there’s a long way to go to become an essential part of the enterprise performance conversation.
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Wednesday, October 15, 2014
Leading company procurement organizations reap double the measurable cost reduction versus other companies, while also driving competitive advantage through supplier-driven innovation and risk management.