At Procurement Leaders’ Boston Forum 23 September, Michael Stammherr, VP of strategic procurement, explained the realities and the efforts to achieve sustainable procurement performance in such an environment.
There are at least two competing narratives about how business works. One says that nothing happens in business until someone sells something. The other says nothing happens until someone buys something.
Benchmarking – comparing your performance against others of equal size and in similar industries – is a favored practice for many business functions, including procurement. But CPOs take the practice one step further than most.
With the cost of capital low and corporate bank accounts flush, there may be more mergers this year, say some economists. Procurement will play a big role in these mergers, so it's good to see what's involved and how procurement has handled other mergers.
As marketing becomes an increasingly important area of spend for procurement, CPOs agree with the need to align themselves closer to marketing goals and build long-term relationships with stakeholders.
What will the role entail?
As the Senior Manager, you will work at an executive level, interacting with board level stakeholders to determine their requirements before outlining strategy for your project delivery team. Drawing from your prior consult ...
Up to £45k Package
1st Executive is currently retained on behalf of an International market leader services organisation that is embarking on an exciting period of growth and transformation across their procurement func ...
EU Supply Chain Director
1st Executive are currently partnered with a leading FTSE 100 Service provider who provide a wide spectrum of support services across both public and private sector clients throughout the UK and ...
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