How can your procurement team embrace the age of digitalisation and develop an effective roadmap that ultimately puts you in the driver’s seat?The digital enablement field is wide open, with no single right answer on how to proceed. However, there are ways that can help organisations to plot a way forward. CPOs must define a […]
Procurement agility in the age of digitalisation Read More »
Brexit’s questions will start to be answered While 2017 was the year of Brexit uncertainty, 2018 will be the year when things start to change. “Procurement teams will need to start proactively helping their businesses deal with that change and minimise exposure to contract and legal risk”, says Sam De Silva, Partner at law firm
Procurement predictions for 2018 Read More »
When it comes to choosing suppliers, some procurement teams are losing sight of what matters most. Instead of focussing on the long-term, strategic value of a relationship, many often get caught up in the transactional aspects of signing a supplier, such as pricing, contracts and negotiations. They get so wrapped up in the details around
Procurement: Are you getting the most out of your supply base? Read More »
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 »
The act of obtaining or buying goods for business can be extremely complex. Compounded by numerous risks and time-consuming tasks, the additional pressures of procurement (like planning, supplier research, value analysis, price negotiation, contracts administration and inventory control) only add to the overall stress of the job. With so much to consider, the need for
Digital innovation moves procurement risk and transparency forward Read More »
Bound by the challenges of reducing costs, managing supplier risks and ensuring financial and regulatory changes in policies, chief procurement officers (CPOs) have a tall order. Sarah George, ERP/EPM Cloud Applications Business Development and Product Strategy Manager at Oracle, unpacks the changing digital face of the procurement office, in this month’s SmartProcurement.
The changing face of the procurement office – a digital revolution Read More »
Greg Tennyson is the CPO of VSP Global, where he leads transformative change. He is the former VP and CPO (source-to-settle and expense-to-settle) at Salesforce and Oracle. In part 3 of the conversation with ScoutRFP, Greg talks tech and “self-service sourcing” in the final segment on changing sourcing behaviours.
Corporates, suppliers and travel management companies (TMCs) need to work together to help improve transparency and reduce the impact of fragmentation on costs and efficiencies. What is fragmentation? It’s when staff try to book travel within their travel policy but are forced to access different sites to source that travel other than the company’s preferred
Is fragmentation in corporate travel playing havoc with your policy? Read More »
There’s a lot going on. The changing and challenging times we currently face are probably greater than they’ve ever been. What is the implication for procurement? What do we need to keep abreast of and continually work on? Duncan Brock, Director of the Chartered Institute of Procurement and Supply, offered his insights during his opening
What is affecting procurement? Where is the profession going? Read More »
