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.
It is well understood that procurement’s role in financial services is more important now than ever; for this the function has the heightened regulatory focus to thank. The challenge posed by this increased exposure will of course be demonstrating true value to the organisation, which undoubtedly starts with managing the costs of compliance in the new, more stringent environment.
Eliminating fraud from our food supply chains is imperative but it’s easier said than done. Modern supply chains have become increasingly intricate and larger supply chains inevitably have a greater exposure to risk.
The ability of procurement to squeeze the same year-over-year cost savings out of the same categories and suppliers has diminished, and a more creative and comprehensive approach must be considered to engage financial and tax expertise to continue to drive benefits, according to a recent article.
There are changes afoot, and what’s most important is not necessarily just the ascent to board-level recognition as much as it is a growing understanding of what procurement does and where its potential lies.
Risk management requires consistency, communication, effective monitoring and trust - the kind of qualities and activities that aren’t fully available to procurement without effective relationship management.
The Indian Space Research Organisation's latest achievements prove just how far a few million dollars can go and could provide a valuable lesson in procurement and cost-effective engineering to us all.
PROCUREMENT – HR & PROFESSIONAL SERVICES SOURCING MANAGER – ICONIC FTSE 100 BLUE-CHIP – LONDON - £32 – 40k BONUS PACKAGE
This globally revered FTSE 100 has enjoyed being an industry leader for over 50 years, and with colossal growth forecasted ov ...
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This FTSE100 multinational is a World Leading brand known worldwide for providing superior service levels. Within this procurement role you ...
SUPPLIER RELATIONSHIP MANAGER – INDIRECT PROCUREMENT – GLOBAL FTSE 100 – LONDON - £400 – 500 p/d EXPENSES
Are you a passionate and experienced Supplier Relationship Management professional looking for a FTSE 100 SRM & Procurement opportunity? If so ...
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