Every CPO talks about procurement transformation. But no one talks about it like Jeff Bezos - and he isn’t even in procurement!
If you are looking for an interesting case history of methodical and strategic purchasing, I have one for you – holiday sales.
Procurement’s numbers have to make sense to finance, otherwise it’s hard to make an argument about adding value.
The key to success is sincerity. If you can fake that, you’ve got it made.
If talent is a differentiator, perhaps its time to think more about where procurement's pool is coming from and what functions should be doing to enhance that.
CPOs like to talk about how procurement has become much more strategic in the last several years - and well they should. But what does the mean to the rest of the organization?
Here’s a suggestion for any CPO trying to figure out how to lure bright young new talent into his or her organization: Emphasize the importance of, and the opportunity to use, technology.
Contract management sometimes gets short shrift in discussions of where procurement adds value.
CPOs worldwide should watch carefully the negotiations - or lack of negotiations - between the different political parties in the US over the government’s budget and debt ceiling.
As if there weren’t already enough risks for procurement to keep in its sights, politicians have handed CPOs another one: government paralysis.
Tap into the global talent network with Procurement Leaders’ own jobs board and careers service “People in Procurement.”
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