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Issue III, Volume II: Time to break the planning cycle

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PLQ Issue III: Volume II takes an in-depth look at the topic of planning and focuses in on whether the cycle that procurement is currently on is the most effective. For many years the function has started thinking about the months and years ahead and has then set a plan that it executes over the following 12 months. That plan has always tended to focus on costs. With procurement now a strategic partner, planning has to catch up and those strategies have to incorporate the goals of the business as a whole as well as individual functions. Failure to do that will have serious performance implications further down the line that simply can’t be ignored.

 

Featured in this issue:

  • Cost vs strategy. Procurement has long claimed to want to move away from savings but has struggled to make that dream a reality. We look at what is holding the function back
  • How the planning process has changed. There is no doubt that the planning process has changed, but just how much? Here we examine what has changed and the areas procurement now looks at more closely
  • Career planning. Planning is not just about setting out a strategy for your function. It is about planning your own career path. We speak to three former procurement chiefs about what they did next

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Help us, help you - Take our CPO Planning Survey 2019 to help us understand the challenges and opportunities you see ahead. By doing so you will receive the full report once its published in September

 

The digital edition of PLQ now available to members on the Procurement Leaders app, ready to download here from iTunes and Google Play