One of our members recently posed a question to the wider Procurement Leaders community: how successful do you find P&L savings, working capital management and supply base simplification as KPIs? And, if they aren’t good metrics, which are better?
Hosting events all over the world and talking to procurement executives from all industries and regions has given us a good perspective on what might lie over the horizon, from technology to unexpected growth opportunities and new roles.
So here’s six thoughts about 2013 for you to ponder.
A little while ago, I attended a roundtable event in London hosted by Business in the Community after Procurement Leaders was asked by the charity to support a new initiative it is promoting called The Access Pledge.
It doesn’t take long at a procurement conference in Asia before the subject of talent raises its head, and so it was in Singapore at the latest Procurement Leaders conference where Luc Broussaud delivered the first presentation of the day, ‘Successfully attracting & retaining the talent pool’.
Do you know what your suppliers think of you? The temptation is to assume that because a supplier is benefiting from your business, then it must think very highly of you indeed. These lofty thoughts are magnified as the value of contracts increase.
It’s a common question – what role does procurement have in merger & acquisition activity? Of course, this will differ depending on the company, the profile of the procurement function and, to some extent, the type of deal being considered.
In 2008, Marc Engel was appointed CPO of Unilever, taking over one of the biggest roles in procurement following stints running one of the company’s ice cream businesses in South America as MD; and, later, the supply chain for its European spreads and olive oil business.
In early June, a consortium of Warren Buffett’s Berkshire Hathaway and private-equity firm 3G completed the $28bn acquisition of US food-giant Heinz, in a move that was roundly supported by market watchers and investors. But what about employees of the 150-year-old business?
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