Are you a procurement value creator, or a cost-reducer? Perhaps you’re neither of these – or both? Procurious member Remy de Lavergne, a transport and indirect purchasing manager, has created a new matrix that shows, among other things, just how far the profession has come.
Introducing the Lavergne Procurement Matrix 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 »
Trump labels it protectionism. The UK calls it Brexit. Other countries talk about local economic and manufacturing support. But whatever you call it, how do we continue to source effectively when traditional procurement is being disrupted along with almost every other industry or profession? By grasping procurement’s burning platforms and taking them as opportunities,
Procurement will find its value-add by grasping burning platforms Read More »
Economic woes, political uncertainty and digital disruption might trouble your CEO, but it should delight the CPO. After all, procurement can perform best on a burning platform, says Guy Strafford, Chief Client Officer, Proxima Group.
Procurement shines brightest on a burning platform Read More »
• 57% of Sub-Saharan professionals received a salary increase in the last 12 months• In a change from 2016, when the private sector reported the highest average salaries, last year’s top performer was the charity/not-for-profit sector• Men earn more than women at more senior levels, especially at advanced professional level where the pay gap
MCIPS-qualified professionals in Sub-Saharan Africa earn 38% more Read More »
According to 1st Executive, the human element, rather than technology, is still the critical factor in the procurement process. The specialised procurement and supply chain consultancy argues that the human factor is increasingly overlooked in the procurement process, in favour of automation. 1st Executive has urged firms to review their existing e-systems, to ensure
Human talent, not technology, still the critical factor in procurement Read More »
Is your procurement division a purchasing or a procurement function? More importantly, into which category does your CEO and other key executives place your function? Shiraz Sarang, CPO at Nedbank discusses how procurement professionals can elevate the importance of the procurement function within an organisation, in this month’s SmartProcurement.
Procurement’s value will be judged on its alignment with the organisation’s strategy Read More »
Who’s willing to stand up and bear the flag of procurement pride and improve our image? Elaine Porteous wants reinforcements to help raise the function’s status up to where it belongs.
Raising procurement’s image – one person at a time Read More »
Professor Marcus Ambe – professor of Supply Chain Management (and chairperson of the Supply Chain Management Research Group) in the department of Business Management at Unisa – posed critical questions, which set the scène for the roundtable discussion around the professionalisation of supply chain management. The discussion was held at Unisa on the 2nd
Call for the creation of a supply chain management council Read More »
The clue to the answer may appear to be contained in the job title. The narrow, traditional view of a chief procurement officer (CPO) is that they organise the buying of stuff – even if it is not stuff at all, but services – in a timely, efficient, and cost effective manner. The problem
What should CFOs expect from CPOs? Read More »
