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Anglo American shares its experiences and lessons learned from delivering a coordinated approach to SRM
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The University of Rome’s Tor Vergata’s Bernardo Nicoletti outlines the models that the function needs to master to manage global sourcing risk
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As a function matures, earns recognition for its success and develops into a competent outfit, it can get very good at doing the basic and expected things. But how to take that next step?
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Procurement is at the forefront of the fight for sustainability in businesses, but if procurement chiefs are to deliver, they need to aim higher and engage the full capabilities of the function.
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Many CPOs have embarked on supplier relationship management projects. In this article, State of Flux offers a detailed explanation why
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To be a global function and to have a global supply chain results in commodity volatility, cultural and economic friction and a diverse supply base
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Outsourcing may seem a high-risk strategy when economic conditions are poor. But bad times may be the best times to reconsider this key business tool and look for where the real value in an outsourcing deal can come
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Complexity has become an inevitable burden on global supply chains and, with that, a significant drain on profits
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To some, strategic sourcing is an outdated idea. But Garry Mansell believes it’s under-utilised and can still offer huge rewards
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By managing the uncertainty, significant savings really are possible on major projects, without compromising on the scope and with little use of fixed prices
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