Global

Sourcing in the Circular Economy

Posted: 12/05/2019 - 09:51
Procurement plays a vital role in bringing new products and services to market, creating jobs and delivering economic prosperity for customers, stakeholders and shareholders. Sourcing plans identify value propositions, partnership and investment opportunities, new and emerging capabilities that have a substantial “positive” impact on the bottom line.

10 Plays to Win the Sourcing Talent Game

Posted: 12/04/2019 - 06:11
Championship baseball teams like the Washington Nationals win by developing a talent pipeline of young players like left fielder Juan Soto and acquiring savvy veterans like three-time Cy Yong award pitcher Max Scherzer. Akin to the General Manager of any great baseball team, we as sourcing leaders spend a sizable portion of our time laboring to nurture and acquire talent to foster a competitive edge for our companies.   
 

Where We Stand on the Journey to Gender Diversity

Posted: 12/03/2019 - 03:35
People who know me know that I am a passionate advocate for elevating the role of women in business, and I am particularly interested in seeing more women attain senior leadership positions in the procurement function. I’ve been working in procurement for years, and throughout my career, I’ve had the opportunity to meet and get to know hundreds of outstanding procurement professionals, many of whom are women
 

Mind the Skills Gap

Posted: 11/26/2019 - 08:17
Talent is the lifeblood of the enterprise. Yet with unemployment low and continuing to fall, it’s in short supply. According to CNBC, the U.S. currently has 1.4 million more job openings than unemployed people.  
 

Supplier Collaboration: Sharing Influence for Shared Success

Posted: 11/25/2019 - 01:33
Success is not about procurement getting the upper hand; in fact, it might be about giving it up! Such a statement could raise the eyebrows of people pursuing success. It’s true that all corporate functions want more influence — but the secret lies in how they go about pursuing and leveraging that influence. 
 

What Procurement Pros Need to Know About Trends in Marketing Spending for 2020

Posted: 11/20/2019 - 04:04
With the fourth quarter of 2019 now underway, many companies have already started developing their marketing plans for 2020. A major aspect of the planning process will be setting the overall marketing budget for next year and allocating the budget across marketing channels, tactics and other spending areas.
 
Ideally, marketing procurement professionals will be involved in the planning process and to participate effectively they will need to have a solid understanding of current marketing trends, including those relating to marketing spending.

Leading in a Detached World

Posted: 11/12/2019 - 01:42
Leading in a Detached World
Technology is great isn’t it? It allows us to interact with people from around the globe, to share ideas and instantly know the news of the day. It automates processes and allows for more value-added work to occur. However, it also keeps us from talking to the person seated next to us on the plane and creates the ability to hide behind Instagram photos when there is pain, sorrow or simply a need for someone to talk to. How often do we opt for a text message over calling because it is quicker? How many of those interactions are we missing because we are consumed with our phones?

Supply Chain Transparency Critical to Slowing Down the Amazon Deforestation

Posted: 11/10/2019 - 06:36
Supply Chain_Transparency_Amazon
Over the last months, the Amazon deforestation rate was an area of Manhattan every day, following reports that farmers were clearing land for crop fields and cattle ranches, as the new Brazilian government was opening up the region to economic activity. According to the country’s National Institute for Space Research, Brazil (the world’s largest beef exporter) had over 72,000 fire outbreaks this year, with more than half of them located in the Amazon. This number represents an 84-percent increase compared to last year.
 

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