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Wed 08 Oct 2014
David Rae David Rae

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.

3 comments

Tue 07 Oct 2014
Steve Hall Steve Hall

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.

 

1 comment

Mon 06 Oct 2014
Paul Teague Paul Teague

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.

1 comment

Fri 03 Oct 2014
Jonathan Webb Jonathan Webb

Currently, JPMorgan Chase is undergoing the security breach blame game. Who is at fault? The risk guys? The compliance guys? Procurement?

Comment

Wed 01 Oct 2014
David Rae David Rae

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.

Comment

Tue 30 Sep 2014
Karen Moorhouse Karen Moorhouse

Procurement has its own lifecycle, and if you spend enough time in a senior role, you become familiar with the constant rotation of devolved and centralised responsibility. It’s a trend that has characterised functions for decades, but now, more than ever, the adoption of new technology has changed the viability of these decisions and what it means to decentralise a function.

Comment

Mon 29 Sep 2014
Steve Hall Steve Hall

There is, the saying goes, more than one way to skin a cat – as if you’d want to do that. Similarly, there are myriad management styles and personalities, most of which have a time and a place where they are the most effective. But is effective leadership always reliant on context, or is there such a thing as a ‘great leader’?

2 comments

Fri 26 Sep 2014
Paul Teague Paul Teague

How do you become a customer of choice? That’s a question on the minds of many a procurement executive, including those in attendance at Procurement Leaders’ Boston Forum.

1 comment

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