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Procurement Leaders Awards 15
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Mon 15 Dec 2014
Paul Teague Paul Teague

There’s a right way and a wrong way to do everything. Bullying suppliers into slashing their prices, as a report alleged last week, is the wrong way to control costs. So why does it persist?

Comment

Mon 08 Dec 2014
Paul Teague Paul Teague

There has been some interesting commentary lately in the business press about the desirability of risk insurance for companies as a protection against losses from a variety of hazards. But maybe the answer is investing in procurement...

Comment

Mon 01 Dec 2014
Paul Teague Paul Teague

Suppliers are not the only source of innovation. Your internal stakeholders can be a valuable asset here but procurement must be the instigator if it is to find and develop these innovations.

Comment

Mon 24 Nov 2014
Paul Teague Paul Teague

Recruiting the next generation of procurement leaders is not an easy task, especially since new technology, globalization, and even diversity are converging to change the workplace in ways previously unimaginable.

Comment

Mon 17 Nov 2014
Paul Teague Paul Teague

Finding it hard to build relationships with your stakeholders? A dose of empathy is needed for procurement to really understand what they do and how they do it, only then can those relationships blossom.

Comment

Mon 10 Nov 2014
Paul Teague Paul Teague

The apparel manufacturer’s efforts are a great example of the economic benefits that can accrue to companies that pursue sustainability and promote ethics in their supply chains.

3 comments

Mon 03 Nov 2014
Paul Teague Paul Teague

The 2014 mid-term elections in the US have proven that sustainability is indeed a national issue, one that demands attention not just from business executives, including CPOs, but by political candidates and elected officials.

Comment

Mon 27 Oct 2014
Paul Teague Paul Teague

National self interest aside, reshoring of manufacturing makes business sense only when there are clear economic benefits for the companies bringing work back.

2 comments

Mon 20 Oct 2014
Paul Teague Paul Teague

As uncomfortable as it may be, procurement needs to hear from unhappy suppliers. In fact, giving suppliers the opportunity to complain or otherwise rate the way they are treated is a vital part of effective supplier relationship management (SRM).

Comment

Mon 13 Oct 2014
Paul Teague Paul Teague

As US voters near the midterm elections on 4 November 2014, there appears to be a big disconnect between what the public thinks about the economy, what investors think, and what at least some business leaders think.

Comment

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