Procurement Strategy

This Halloween beware the scary, old-world CPO

With Halloween just past, it is time to consider whether your boss is scarier than your average ghoul or if your career is in the grip of a scary, old-world Chief Procurement Officer (CPO) and thus doomed to wither… Tania Seary, Founding Chairman of three companies specialising in the development of the procurement profession – […]

This Halloween beware the scary, old-world CPO Read More »

Behavioural procurement: a cognitive approach to people (soft) skills

By David Loseby Behavioural procurement (BP) is a sub-field of behavioural economics and concerns itself with the application of behavioural science, social science, decision science and applied cognitive psychology to commercial activities. For years the profession has talked about soft skills (I prefer to call them people skills) without a clear definition of what exactly

Behavioural procurement: a cognitive approach to people (soft) skills Read More »

Manufacturers: what is in your procurement toolbox?

Driven by fierce customer demand and global competition, today’s manufacturers are scrambling to deliver the highest quality products at the lowest possible cost. To remain competitive, manufacturers are turning to technologies, such as 3D printing, robotics, cloud computing, intelligent automation and advanced analytics (among other emerging technologies), to revolutionise every business aspect, from sales to

Manufacturers: what is in your procurement toolbox? Read More »

The top 10 supply chain risks of 2019

Modern supply chains are more complex and global than ever before. But that also leaves them open to a wider variety of risks and disruptions. Tobias Larsson, Chief Executive Officer, and Shehrina Kamal, Director: Risk Intelligence at Resilience360, a supply chain risk monitor that identifies potential supply chain disruptions, list ten supply chain risks to

The top 10 supply chain risks of 2019 Read More »

6 strategies to rank as a procurement leader

It is excellent if you have already gained a grip on procurement’s changing landscape. If not, for many businesses, procurement remains quite intimidating. There are concerns about co-ordinating upstream and downstream processes. Risk management, supplier intelligence, advanced analytics and a drive towards innovation all suffer from disruptive digital transformation. “To keep up with the fast-changing

6 strategies to rank as a procurement leader Read More »

After saving costs, now is the time to save the world!

By Bertrand Maltaverne We, as procurement professionals and as citizens, have a responsibility to take action to tackle the challenge of working sustainably. 01 August 2019: this could be when we reach Earth Overshoot Day this year. For the rest of the year, we will be living on credit. When it comes to natural resources,

After saving costs, now is the time to save the world! Read More »

5 factors that cause your organisation’s travel spend to be out of control

Procurement travel managers have a whole host of issues that they need to take into account: from cost, efficiency and payment processing to data security, service reliability and employee safety. Diana Akchurina, business-to-business professional at Gett, a taxi-hailing app that operates in the USA, UK, Russia and Israel, discusses five factors that make travel one

5 factors that cause your organisation’s travel spend to be out of control Read More »

How much can procurement change on its own?

Three ways in which collaboration can create procurement transformation Procurement has been trying to make changes to its processes, priorities and brand identity for years. Our suppliers want us to be more open to contact and implore us to conceptualise out-of-the-box ideas. Our internal stakeholders want us to move faster and let their input play

How much can procurement change on its own? Read More »

Scroll to Top