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.
Procurement should consider, for a moment, how much innovation is created among smaller businesses, regardless of whether they are a supplier to your business or not. Innovation is just as likely to be found in the basement of a PhD graduate’s apartment, or the laboratory of a university, or within a micro start up which is struggling to stay afloat as it is in the labs of a multinational.
While the risks associated with cybersecurity have tended to focus online, CIOs believe that the people within your organisation present just as big a concern and offered their thoughts on how to mitigate it.
Customers will look to take a more holistic approach to procurement with tightly integrated spend management solutions that make the function more strategic. Expectations for greater transparency and control will rise as customers become more sophisticated in the use of analytics for predictive and proactive spend control.
Being good at procurement means having a deep understanding of the context around the category: Understanding recent and potential innovations, how and why the geographies in which things are being made are shifting, what is affecting commodity prices, evolving trade routes and options, and new pools of suppliers that are arising.
Supply Chain Management Consultant – Senior Manager – Top Tier Management Consultancy – London - £90k - £110k
This multi-national Tier 1 Management Consultancy require an expert Supply Chain Consultant to join at Senior Manager grade, and be fast tr ...
This company is a leading consultancy with a best in class procurement function. They are looking to expand their award winning team with the addition of a client account manager to work across a number of their key client accounts.
Leading a client ...
A multi sector property developer in the Berkshire areas seeks a Surveyor/Buyer with a minimum of 3 years material and subcontractor experience with a housing developer or main contractor. You will be involved in the process from acquisition through t ...
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