Procurement Leaders

4 leading CPOs reveal how they are digitalizing procurement

Leave a Comment / Procurement Leaders, Technology / Liam

By Matthias Gutzmann, Founder, Digital Procurement World Digital procurement transformation is no longer an option, it is a must. Ignoring it today will ultimately lead to a loss of procurement’s influence in the organization. On a more positive note, early adopters in digital procurement are already benefiting from incremental cost savings, increased productivity, and substantial […]

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Why CPOs should report directly to CEOs

Leave a Comment / Procurement Leaders, Sourcing Strategy / Liam

By Betina Nygaard, CEO, SCANMARKET A/S Short-term results like savings are here to stay, but Procurement is also responsible for longer term results like improving profitability, time-to-market, innovation and risk management. It is time to broaden both the way Procurement is judged and also its role within the reporting structure.

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Procurement perspectives: leadership in procurement is vital to organisations

Leave a Comment / Change, Commentary, Procurement Leaders / Liam

By Stephen Bauld The COVID-19 pandemic looks like it is entering the next phase. We could be looking at a long time before we get back to the new normal and leadership in procurement will help to shape the wellbeing of organisations moving forward. The argument that organisations need to begin now to train their

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The Public Procurement Bill: an opportunity for reshaping socio-economic transformation through procurement

Leave a Comment / Preferential Procurement, Procurement Leaders, Public Sector Procurement / Liam

National Treasury has highlighted that an important aim of the Public Procurement Bill is to use the procurement system to advance economic opportunities for previously-disadvantaged people, women, the youth and people with disabilities, and their business enterprises. While this is the case, Dr Faith Mashele (FCIPS, MBA, PhD) suggests that there is an opportunity to

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Companies’ procurement skills woefully lacking

Leave a Comment / Procurement Leaders, Professional Development / Liam

By Kate Vitasek, Professor in Supply Chain Management, University of Tennessee A report by the American Productivity and Quality Center (APQC) outlines the critical skills gaps that face today’s procurement professionals. The good news is that companies have pushed procurement out of the back office and onto centre stage, accelerating the demand for skilled procurement

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The self-disruptive CPO: why we need a new kind of procurement leader

Leave a Comment / Change, Commentary, Procurement Leaders, Procurement Strategy, Professional Development / StaffWriter

What kind of future-ready procurement leader is needed to survive a rapidly-changing business world? Only a few months ago, the stock market was looking strong and the ongoing trade war between China and the United States indicated future pressure on global supply chains. No one could have predicted that schools and universities would close, companies

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Ethics in procurement

Leave a Comment / Procurement Leaders / StaffWriter

By Hemant Harrielall Factory collapse, fraud in food supply chains, modern day slavery. It is shocking to hear how poorly some supply chains are managed, with such dangerous consequences for life and limb, in almost every country and region of the world. No country has escaped a scandal of this kind. Allegations of state capture

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Coronavirus is a massive challenge for world leaders: what China, Italy and the US teach us about leadership

Leave a Comment / Procurement Leaders / StaffWriter

By Robert Glazer, Founder and CEO of Acceleration Partners We often learn the most about leadership by observing our leaders in times of crisis. As world leaders attempt to contain the rapid spread of COVID-19, they must simultaneously perform two opposing and difficult tasks: prepare their countries for significant risk and avoid inciting panic. What

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‘CPO’ stands to become the Chief Purpose Officer through digital transformation

Leave a Comment / Change, Procurement Leaders, Procurement Strategy, Professional Development, Technology / StaffWriter

By Dr Marcell Vollmer, Chief Digital Officer, SAP Ariba How does a Chief Procurement Officer measure success?In the past, executives responsible for sourcing, contracting, purchasing and payment gauged success chiefly on their ability to wring savings out of the value chain. Without question, reducing costs remains as crucial today as ever. But, with the advent

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How procurement can change the world

Leave a Comment / Procurement Leaders, Procurement Strategy, Professional Development, SRM Supplier Relationship Management, Supplier Relationship Management Systems, Technology / StaffWriter

By Rod Robinson, Founder and CEO, ConnXus When I graduated from Wharton in 1995 and decided to pursue a career in management consulting at AT Kearney, I had grand visions of being assigned to an engagement helping one of our multinational clients grow revenue through a high-profile M&A transaction or other topline growth strategy. Instead,

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