The foundational duty of procurement teams is not to solicit bids and sign agreements but to deliver value to the company that hired them. Running an RFP can, at best, result in good pricing and terms.
In our latest 2015 Trend Report, we surveyed CPOs around the world to understand their strategic intentions for the next twelve months. Will procurement headcount increase or not? And, what about procurement technology, and risk management?
Procurement technology companies will continue to invest in extending their software platforms to cover the entire suite. However, adding a rush toward new functionality without expert sourcing and procurement domain knowledge may deliver suboptimal results.
We rightly celebrate examples of high ethical standards in procurement and supply chain and rightly criticize apparent lack of such standards as well. There is plenty to celebrate today, but unfortunately also plenty to criticize.
A common question: will auditing the supply chain reveal issues that will prove costly and damaging? Is it best to leave as is until an issue manifests? If the last question sounds familiar then it’s definitely time to re-evaluate your approach.
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This iconic Blue Chip firm employs over 180,000 people across the globe, so having a world-class procureme ...
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Due to exponential growth this globally renowned FTSE 100 brand is seeking an ambitious Technology procurement sp ...
Procurement Manager- All Indirect Services Spend- Central London- FTSE100 Financial Services Company- Salary £50k-£60k plus package
Due to increased profits in the Energy Trading Business, a leading FTSE100 has taken the decision to recruit an experi ...
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