If you haven’t yet seen the shortlist for the 2015 Procurement Leaders Awards, I recommend you take a look now because not only does it showcase those companies and individuals at the forefront of procurement but it also reflects very well on our corner of the commercial world.
Two years ago, Lisa Martin took over as the Teva Pharmaceutical’s chief procurement officer and set about a major transformation of the procurement function, and she has focused on four buckets of opportunity in order to do so.
As CPO of Rio Tinto, Ramsay Chu has a few challenges on his plate – a commodities industry in turmoil and intense competition in particular. But while it’s certainly a challenging environment, it also offers the opportunity to impact the business in more creative and innovative ways.
What do artificial intelligence, The Terminator and procurement have in common? You might be surprised to learn, writes David Rae, that they all play a part in current thinking about the future of people and talent.
Procurement should consider, for a moment, how much innovation is created among smaller businesses, regardless of whether they are a supplier to your business or not. Innovation is just as likely to be found in the basement of a PhD graduate’s apartment, or the laboratory of a university, or within a micro start up which is struggling to stay afloat as it is in the labs of a multinational.
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