Much has been said about Japanese automakers and their ability to build close ties with their suppliers. However, in times in which the gap between strategic suppliers and all others is becoming even bigger, and strategic suppliers that will have a much greater influence on a company’s growth agenda, it is worth re-examining what companies […]
How to build superior supplier relationships like Honda Read More »
By Steve Banker, Vice President: SCM, ARC Advisory Group One of the good things that comes out of the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland, is the Global Risks Report. Produced by the WEF, the report serves as a centrepiece for the themes addressed at the Davos event. The report includes a
Which global risks are increasing in 2020? Read More »
By Stephen Bauld The reason why a shift towards a more strategic procurement approach is necessary at municipal level and, indeed, across the public sector in general, is clear. As I have noted in several of my columns over the years, governments tend to pay more than private-sector firms for comparable type, quality and quantity
Public procurement needs strategic foresight Read More »
The human element will make or break your supply chain career. Procurious Founder Tania Seary reveals the human strengths that artificial intelligence (AI) will never replace and how to leverage this competitive advantage. There comes a time when you forget why you ever started I will never forget my first meeting as a procurement executive
Procurement Gold: Unleashing the real power of your supply chain Read More »
By Francis Churchill In 2017, Vitality, a UK health insurance firm, decided to do a 360-degree review of its supply chain. The firm, part of Discovery Limited, had recently restructured and rebranded, and wanted to have a clear idea of what it’s relationships with suppliers were like. Sourcing and supplier managers Duncan Campbell-Marsh, Frances Cooke
How to conduct a supplier review: a case study Read More »
By Angela Mazza Teufer, Senior Vice President, Oracle ERPM WE, ERPM North Install Base When it comes to crucial procurement data, there is no way to ‘fake it ’til you make it’. Accurate information is the bread and butter of a successful organisation but our research reveals that companies are still not investing in the
Data: You can’t fake it ’til you make it Read More »
The Purchasing Managers’ Index (PMI) edged lower in December 2019 to 47.1 index points, down from 47.7 points recorded in November 2019. The December figure is about 1 point below the average recorded throughout 2019. The PMI paints a bleak picture of the manufacturing sector’s performance in 2019 as the headline PMI managed to edge
PMI paints a bleak picture of the manufacturing sector’s 2019 performance Read More »
