Professional Development Archives - Page 4 of 21

Supply chain management toolkit among the support measures launched by SAPICS

Leave a Comment / Change, Legal / Contract, Professional Development, Risk Management, Sourcing Strategy, Supplier Management / StaffWriter

To support supply chain professionals and to ensure that they have the resources they need to maintain supply chains during the coronavirus crisis, supply chain management professional body SAPICS has launched a number of special support initiatives to aid the profession. This includes a supply chain management toolkit, helpline and collaboration platform.

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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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10 Best practices for procurement managers in 2020

Leave a Comment / Negotiation, Procurement Leaders, Procurement Strategy, Professional Development, Sourcing Strategy, Supplier Management, Supplier Partnerships, Supplier Selection / SuperU

By Linda Ashok A content, communications and branding professional So many things are slated to change in 2020, the milestone year! But what matters most is your career; how is it going to prepare you as a procurement manager? Okay, let me clarify that there isn’t any significant difference between a Purchasing or Procurement Manager.

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The 5 key traits of a future-ready Finance Leader

Leave a Comment / Procurement Leaders, Procurement Strategy, Professional Development, Technology, Tools / SuperU

By Angela Mazza TeuferSenior Vice President ERPM WE, ERPM North install base Finance has always taken advantage of technology to improve productivity and collaboration. But with continuous innovation now driving our economy, the goalposts have moved. Today’s organizations must adopt an agile finance operating model– powered by emerging digital technologies and skillsets. The success of

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This Halloween beware the scary, old-world CPO

Leave a Comment / Change, Commentary, Education, Procurement Strategy, Procurement Training, Professional Development / SuperU

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 –

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Procurement perspectives: a procurement career pursuit is worth it

Leave a Comment / Change, Commentary, Procurement Training, Professional Development / SuperU

Irrespective of what you think about the way in which private- and public-sector procurement is conducted, the ultimate objective is the same. Creating ‘value for money’ is the most commonly used term among purchasing individuals. Government procurement expert, Stephen Bauld, has spent half his career working with private-sector organisations and the other half working with

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

Leave a Comment / Education, Procurement Strategy, Professional Development / SuperU

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

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6 strategies to rank as a procurement leader

Leave a Comment / Procurement Leaders, Procurement Strategy, Professional Development, Sourcing Strategy / StaffWriter

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

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10 things that I have learnt about mentoring Anzisha fellows

Leave a Comment / Enterprise Development, Professional Development, SRM Supplier Relationship Management, Supplier Management, Supplier Partnerships, Supplier Selection / StaffWriter

Procurement and supply chain professionals have such a broad range of skills and cross-functional business knowledge that it makes us all ideal mentors. Mentors share their professional knowledge/experiences and act as positive role models to mentees in need of some direction. This is especially true when engaging with suppliers and mentoring young entrepreneurs partaking in

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