How can your procurement team embrace the age of digitalisation and develop an effective roadmap that ultimately puts you in the driver’s seat?The digital enablement field is wide open, with no single right answer on how to proceed. However, there are ways that can help organisations to plot a way forward. CPOs must define a […]
Procurement agility in the age of digitalisation Read More »
Brexit’s questions will start to be answered While 2017 was the year of Brexit uncertainty, 2018 will be the year when things start to change. “Procurement teams will need to start proactively helping their businesses deal with that change and minimise exposure to contract and legal risk”, says Sam De Silva, Partner at law firm
Procurement predictions for 2018 Read More »
Process efficiency is good. In fact, it is one of the most frequently cited objectives of the procurement profession. But it cannot have a real impact unless we understand the bigger picture… As we expand the impact of procurement beyond savings, one of the most frequently cited objectives is process efficiency. In theory, if procurement
The ‘why’ behind the drive for retail process efficiency Read More »
While some procurement professionals may be stuck in the rut of policy, procedures, and process compliance, the growth of data has reached levels where “we don’t know what we don’t know”. When a pilot – entrusted with the safety of all passengers on board – flies through a thick haze of fog without a glimpse
From compliance to data-driven procurement: are you there yet? Read More »
Even though the Procurement function is becoming critical to business success, it all too often remains seen as driving cost savings rather than being worthy of a seat at the Board table in determining and helping to drive broad corporate value. However, working on the Board of Greensill Capital, a global supply chain finance specialist
CPOs – becoming Board-relevant and building stronger relationships with senior execs Read More »
The workforce is fundamentally changing and it’s increasingly important that you can access the skills you need when, where and how you need them. But with the increase in corporate usage of external workers comes additional challenges and risks. Toni Jackson, Director of APAC at Fieldglass, an SAP company, in Sydney, unpacks the implications.
Whose services are your really procuring? Read More »
Bound by the challenges of reducing costs, managing supplier risks and ensuring financial and regulatory changes in policies, chief procurement officers (CPOs) have a tall order. Sarah George, ERP/EPM Cloud Applications Business Development and Product Strategy Manager at Oracle, unpacks the changing digital face of the procurement office, in this month’s SmartProcurement.
The changing face of the procurement office – a digital revolution Read More »
Corporates, suppliers and travel management companies (TMCs) need to work together to help improve transparency and reduce the impact of fragmentation on costs and efficiencies. What is fragmentation? It’s when staff try to book travel within their travel policy but are forced to access different sites to source that travel other than the company’s preferred
Is fragmentation in corporate travel playing havoc with your policy? Read More »
There’s a lot going on. The changing and challenging times we currently face are probably greater than they’ve ever been. What is the implication for procurement? What do we need to keep abreast of and continually work on? Duncan Brock, Director of the Chartered Institute of Procurement and Supply, offered his insights during his opening
What is affecting procurement? Where is the profession going? Read More »
The majority of CPOs are still reporting three levels down from the CEO. Enrico Rizzon, Partner, Procurement & Analytics, A.T. Kearney Australia outlines how procurement can build a strong business case! Procurement leaders in large corporations face a tough business environment. Facing low growth, disruption, increased competitive pressures from well-funded private equity firms and
How to train your CEO to get what procurement needs Read More »
