We hear much talk about the future of procurement in our events. We hear of ambitious schemes, radical transformations and visionary ideals. But what are people really doing about it?
In recent research that the PIU has conducted, we asked CPOs about the future of the economy. This was referenced to both the world as well as their local or regional economy. The response was mixed.
Buyers are often nervous about suppliers deploying a 'divide and conquer' strategy to selling. However, there’s nothing stopping turning this approach on its head.
For many in the business world, the summer months are a peaceful period spent on a sunny beach. Buyers, however, are worried as category plans are urgently being forged for the next year.
There is a perennial discussion within PLN towers about social media. It's clear that procurement still doesn't get it, but will these new technologies change the way we do sourcing?
Many of our past studies indicate that category managers are one of the most important roles in procurement. But do they have the right skills and knowledge?
Outside of the world of procurement, I attend philosophy events. This may not seem directly relevant to the pragmatic concerns of the supply chain but a discussion this weekend led to some interesting implications for work.
The Procurement Intelligence Unit is in the midst of its research into Requisition-to-Pay processes, and the the findings show weaknesses of current providers.
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