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Procurement Leaders Awards 15
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Wed 01 Oct 2014
David Rae David Rae

The Indian Space Research Organisation's latest achievements prove just how far a few million dollars can go and could provide a valuable lesson in procurement and cost-effective engineering to us all.

Comment

Wed 24 Sep 2014
David Rae David Rae

Research conducted earlier this year into procurement operating models brought to light several worthy insights, but one in particular stood out for me and is particularly relevant to this argument – that the process of change in itself is just as powerful as the end result.

1 comment

Wed 19 Feb 2014
David Rae David Rae

One of our members recently posed a question to the wider Procurement Leaders community: how successful do you find P&L savings, working capital management and supply base simplification as KPIs? And, if they aren’t good metrics, which are better?

1 comment

Mon 22 Oct 2012
David Rae David Rae

That indirect spend is a complex area, with a great deal of opportunity to reduce costs and increase value is well known. But a discussion at today’s Procurement Leaders Masterclass in Vienna put the focus on what could be seen as a secondary benefit of thinking more strategically about these categories of spend.

 

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Mon 22 Oct 2012
David Rae David Rae

How do we measure success in indirect procurement? Is it cost savings? Value creation? Both? Neither? Should CPOs be focusing on the bottom line or the top?

 

Comment

Fri 13 Jul 2012
David Rae David Rae

Surprising it may be, but a huge number of multinational organisations continue to struggle to manage their indirect spend in a professional manner and, as a result, opportunities to save millions are being routinely ignored.

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