Procurement Strategy Archives - Page 9 of 37

Love procurement – because it can impact society and the environment

Leave a Comment / Enterprise Development, Procurement Strategy, Sourcing Strategy, Supplier Management, Supplier Partnerships, Supplier Selection, Supply Chain Management SCM, Sustainable Procurement / StaffWriter

Join us at Smart Procurement World 2019, where one of our conference themes will be “Walk the talk: High-impact procurement” Procurement work is much more than just securing the right products, in the right quantity and quality at the right place… Let’s think wider, more holistically, writes Robert Freeman, a procurement and supply chain expert […]

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Optimising value with a win-win supply chain

Leave a Comment / Procurement Strategy, SRM Supplier Relationship Management, Supplier Management, Supply Chain Management SCM / StaffWriter

Supply chain partners that collaborate drive continuous improvement and innovation. But getting there takes a new approach, writes Steven Bowen and Kate Vitasek. Today’s supply chain practitioners are under constant pressure to add value to their organisations. Two of the biggest supply chain challenges are exponential growth in supply chain complexity and cost-savings fatigue driven

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Procurement in 7 memes

Leave a Comment / Commentary, Contract Management, Legal / Contract, Procurement Strategy, Risk Management, Sourcing Strategy, Supplier Management, Technology / StaffWriter

They say a picture tells a thousand words. How about a procurement meme? Okay, millennials. Strap yourselves in, because Hugo Britt, Content Manager at Procurious, is going to attempt to meme. Is meme even a verb? Perhaps not, but that isn’t going to stop him. For older readers who don’t really know (or care) what

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8 ways to create procurement value

Leave a Comment / Procurement Strategy, Sourcing Strategy, Strategic Sourcing, Supply Chain Management SCM / StaffWriter

Procurement professionals who traditionally measure their effectiveness by means of savings will sooner or later face the following problems: a depletion of supplier resources and a loss in supplier motivation in terms of further co-operation. Suppliers cannot always be the sole source of benefits, patching holes in your company’s balance sheet with their funding, says

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Procurement and the 4th Industrial Revolution

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How can the procurement function adapt to the new reality of Industry 4.0? What can procurement leaders do to lead the change? To explore possible answers to these questions, Dan Bartel, Group SVP, Head of Procurement & Logistics/Chief Procurement Officer, ABB, unpacks Industry 4.0 in the context of Klaus Schwab’s 2016 book, The Fourth Industrial

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The CPO agenda: the procurement team and CPO of the future – will you be ready?

Leave a Comment / Procurement Strategy, Professional Development / StaffWriter

Given the rapidly changing business environment facing all industries, the role of the procurement function and specifically the Chief Procurement Officer (CPO) will need to adapt and change. Will you be ready for the future? A panel at the Smart Procurement World Western Cape Conference grappled with this very question. Having leaned on procurement to

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5 pillars – a procurement blueprint for accelerating inclusive growth

Leave a Comment / Legal / Contract, Procurement Strategy, Public Sector Procurement, Supplier Management, Supply Chain Management SCM, Technology / StaffWriter

The ambition of creating a developmental state to transform the Apartheid economy has been hamstrung by an inability to implement transformation policies; it is a situation exacerbated by a lack of skills, competencies and capacity; and the patronage of corrupt procurement practices. Prof. Marcus Ambe, from the University of South Africa’s School of Public and

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Retaining procurement talent: ready for the future?

Leave a Comment / Commentary, Procurement Strategy, Procurement Training / StaffWriter

Supply chain professionals in retail have an unprecedented opportunity to drive a profound shift in supply chain operational performance. But how will they strategically attract and foster a workforce that is ready to meet the evolving demands of future consumers, asks Rafique Jassiem, Group Procurement Manager, Oceana Group. The water shortage in the Western Cape

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How to efficiently plan and execute supplier negotiations

Leave a Comment / Procurement Strategy, Supplier Management, Supplier Selection / StaffWriter

Supplier negotiation has become an intrinsic part of the supply chain process and, for many companies, this could be the most critical process in the whole chain. Katherine Barrios, Chief Marketing Officer, Xeneta (a benchmarking and intelligence platform for ocean freight pricing), looks at some of the crucial aspects in supplier negotiation. Supplier negotiation

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Procurement with purpose: beyond the bottom-line

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How can you embrace the notion of procurement with purpose authentically and in ways that are consistent with your core beliefs and ideals? Patrick McCarthy, SVP and GM, SAP Ariba North America, guides the way… Sustainability improves the bottom-line and companies can do good while doing well. In fact, research shows that purpose-driven companies with

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Procurement Strategy