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Fri 23 Jan 2015
Ian Lifshitz Ian Lifshitz

A common question: will auditing the supply chain reveal issues that will prove costly and damaging? Is it best to leave as is until an issue manifests? If the last question sounds familiar then it’s definitely time to re-evaluate your approach.

Comment

Fri 23 Jan 2015
David Rae David Rae

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.

5 comments

Thu 22 Jan 2015
Tim Burt Tim Burt

While the risks associated with cybersecurity have tended to focus online, CIOs believe that the people within your organisation present just as big a concern and offered their thoughts on how to mitigate it.

Comment

Thu 22 Jan 2015
Darayush Mistry Darayush Mistry

Customers will look to take a more holistic approach to procurement with tightly integrated spend management solutions that make the function more strategic. Expectations for greater transparency and control will rise as customers become more sophisticated in the use of analytics for predictive and proactive spend control.

Comment

Wed 21 Jan 2015
Tara Norton Tara Norton

Being good at procurement means having a deep understanding of the context around the category: Understanding recent and potential innovations, how and why the geographies in which things are being made are shifting, what is affecting commodity prices, evolving trade routes and options, and new pools of suppliers that are arising.

Comment

Tue 20 Jan 2015
Jonathan Webb Jonathan Webb

The fall-out from the unexpected un-pegging of the Swiss currency is still uncertain. More firms are reporting a negative impact. But how should we prepare for more bad news?

Comment

Mon 19 Jan 2015
Paul Teague Paul Teague

A study by Piper Jaffray revealed that cybersecurity is now the top spending priority of CIOs. So what’s procurement role in protecting against such attacks on businesses?

Comment

Fri 16 Jan 2015
Joe Hyland Joe Hyland

Your finance team discovers the need for a supplier portal and early payment program, and since the actual change management falls on the chief procurement officer, you need to adapt processes to maintain and evolve supplier relationships. What next?

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