By Chris Gaffney, Mark Shaughnessy and Anshu Prasad CFOs must challenge supply chain and transportation leaders to help build more robust, more resilient transportation networks. Transportation seems to be the topic of conversation more often these days. It ranges from shortages on our grocery store shelves to the news of a large container ship stuck […]
Four questions CFOs should ask their supply chain leaders Read More »
Companies need to become more resilient in their supply chain strategies but without sacrificing cost-effectiveness, warn experts The Covid-19 crisis has been a wake-up call for supply chain professionals, on whom marketing teams are often so dependant. According to a study by the Boston Consulting Group (BCG), for years, companies have focused on eliminating redundancy
Economies emerging from pandemic, but supply chain woes continue Read More »
By Bárbara de Faria Lopes, Sustainability Consultant, IQbusiness, and Christelle Marais, Sustainability Lead, IQbusiness Financial factors are no longer the only consideration for businesses. Governments, investors, non-governmental organisations (NGOs) and society at large are increasingly holding companies accountable for their social and environmental impact. Organisations, therefore, need to identify and address sustainability risks within their
How to get buy-in for sustainable procurement Read More »
By Sarah Scudder, President and Chief Revenue Officer, Real Sourcing Network Every year, companies spend billions on packaging for their products. According to a recent research report by Smithers, the value of the global packaging market was $917-billion in 2019. It will grow to $1.05-trillion by 2024. The cost of packaging depends greatly on the
E-Commerce growth makes effective packaging procurement critical Read More »
A good number of South African organisations find themselves in precarious positions when it comes to procurement because they have yet to properly integrate their basic processes and their weaknesses have become more evident during a time that limits peoples’ movements and physical contact. The global COVID-19 pandemic has changed almost every business process and
SA procurement is going digital, but for many their processes are not ready for it Read More »
By Erin McFarlane, Vice President: Services, Fairmarkit If you have recently joined an organisation or moved into a new role that is directly related to procurement, it can be challenging to know where to start. Even if you have been in the role for a while, the whirlwind of daily activity can distract you from
Top five spend analytics measures for procurement managers Read More »
By Bill Huber, Partner: Digital Platforms and Sourcing, Information Services Group One of the most common questions enterprises ask about software spend is whether they should benchmark the discounts they receive from software publishers. Whether they are buying from Microsoft, Oracle, SAP, ServiceNow, IBM or others, the presumption is that a higher discount is better,
The fallacy of discounts in software negotiations Read More »
By Sarah Scudder, President and Chief Revenue Officer, Real Sourcing Network In 2020, the World Federation of Advertisers (WFA) published an important report on the current state of marketing procurement. This report is part of an ongoing initiative called Project Spring that is being led by the WFA Global Sourcing Board. The Project Spring initiative’s
Demonstrating the value of marketing procurement Read More »
By Sammeli Sammalkorpi During the past few months, I have discussed with a number of chief procurement officers (CPOs) how they have managed procurement during COVID-19. One recurring answer was along the lines of ‘we broke all of our processes and went into wild-west-mode’. Now, many said this with an interesting combination of sadness and
Procurement needs less processes – as they are slow, boring and self-centred Read More »
By Kevin Sample, Senior Consultant at healthcare supply chain firm GHX As COVID-19 cases continue to rise, the spotlight is once again on the healthcare supply chain The rollout of the COVID-19 vaccine has once again put the global healthcare supply chain under the magnifying glass. As inoculation programmes are established, the demand for full
How a data-enabled supply chain can help the vaccine rollout Read More »
