Without having done some of the work technical people in the company do, it’s hard to understand their challenges and pressures, and hard to convince them that you know what you are talking about when you give advice. Procurement needs a solution...
Mastering the fundamentals of procurement can bring big gains in operating profit. Conversely, weakness in the fundamentals can cause companies to miss out on those gains. Recently, we learned just how much money that could be, at least in the automotive industry.
Some of the changes in the business world – and especially procurement – have received wide attention, such as increased connectivity across the supply chain, the potential of big data for predictive analysis, and the new skills and mindsets the next generation of procurement professionals will bring to the function. But there is much more.
The news last week that GM was planning to sign long-term contracts with several suppliers may have struck some as a ho-hum development. After all, long-term contracts are a normal strategy for companies in many industries. What’s the big deal here?
What does collaboration really mean to procurement? What stands in the way of collaboration? And what’s required for collaboration to truly advance strategic objectives? There has been some discussion of that recently that I think deserves attention.
It doesn’t take much for economists to get gloomy. Latest reports paint a concerning picture of American business. But, not to worry, procurement folk: there are other reports that present a brighter picture.
In the US, its time for March Madness: ups and downs, changing circumstances, and a constant need to adjust strategies and tactics. What you need to thrive at this time has parallels in business, especially in procurement.
- The main focus of this role will be sourcing the client's requirements for consultancy services, legal services, financial services and other professional services required by the company.
- The total spend under management across this category is ...
Street Light Category Manager
Up to £6k Package
Are you a Category Manager looking for a new opportunity?
Would you like to join a company that's unrivalled and are at the forefront of the construction market? This company are the ...
This company is one of the world's most professional and successful management consultancies. With a reputation for retained assignments and collaborative partnerships, they are looking for Manager level supply chain professionals to work on complex d ...
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