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Tue 14 Oct 2014
Tim Burt Tim Burt

Innovation may require investment and progressive thinking but it gets the attention of the business and is a crucial step in maintaining a competitive procurement function.

Comment

Mon 13 Oct 2014
Paul Teague Paul Teague

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.

Comment

Fri 10 Oct 2014
Harry John Harry John

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.

Comment

Thu 09 Oct 2014
Charles Morrison Charles Morrison

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.

Comment

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

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