Leadership

The Role of a Procurement Center of Excellence

Posted: 06/29/2021 - 09:00
Author: Omer Abdullah
The Role of a Center of Excellence

Centers of Excellence, or CoEs, are part and parcel of every progressive procurement organization. In the strict sense, they’re internal bodies that perform knowledge-based services on a one-to-many basis for the procurement function and other related stakeholders.

In this piece, I discuss the role of the Center of Excellence in a procurement department, the types of issues they grapple with, and how can they work to ensure that they’re playing a strategic role and helping to facilitate real change across the procurement team.

3 Lessons Learned: From One Woman in Procurement to the Next

Posted: 06/21/2021 - 09:00
Author: Niki Heim
3 Lessons Learned: From One Woman in Procurement to the Next

Women in the C-suite are slowly gaining momentum, with leaders like Jane Fraser, CEO of Citi, Cathy Engelbert, CEO of Deloitte, and Karen Knudsen, CEO of the American Cancer Society all being named “first female CEOs” within the last few months. But there is still opportunity for other women to level up to the C-suite, especially in procurement.

How to Find Calm in the Midst of Chaos

Posted: 04/29/2020 - 04:32
Author: Deborah Cunningham
Mindfulness

We are in an unprecedented time around the world, with an extremely wide gap in coping skills. Finding calm and peaceful moments is more important than ever right now. Chronic stress and anxiety takes an incredible toll on many bodily systems, most crucially, the immune system. If we can regulate our own emotions, we can pay better attention to those around us and increase empathy and morale.

Where We Stand on the Journey to Gender Diversity

Posted: 12/03/2019 - 03:35
Author: Sarah Scudder
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. 
 

Leading in a Detached World

Posted: 11/12/2019 - 01:42
Author: Amanda Prochaska
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?

Women in Global Sourcing: Susan Feiner

Posted: 07/30/2019 - 00:16
Author: Susan Feiner

Tell us about your career path. How did you get into this field? Was it purposeful or by accident?   

It was definitely by accident. I took an entry-level job out of college in the Administrative Services department at Thomas Cook Travelers Cheques.  It was a support role to the VP of Facilities and Purchasing.  During my interview, I asked him what I would do when I was finished buying?   Somehow, I still got the job and the rest is history.
 

Improve Contract Negotiations with Relationship Management

Posted: 07/10/2019 - 06:24
Author: Danny Ertel

In this episode of the Sourcing Industry Landscape, Dawn Tiura interviews Danny Ertel. Danny Ertel is a Founding Partner with Vantage Partners located in Boston, Massachusetts. He joins the podcast to explain how procurement and supply chain teams can do more for the organization by aligning with the businesses that they support instead of acting as the “procurement police” and focusing only on enforcing policies.

Imagining Resilience

Posted: 06/26/2019 - 03:19
Author: Dominic Irvine
Having resilience is an important business skill—it allows us to bounce back quickly from situations that are tough, or even traumatic. We develop coping mechanisms and resilience over time by learning from experiences that may feel threatening until we face and overcome them. Just as the novice kayaker is intimidated by white water, over time he learns how to tackle rapids that once scared him. 
 

The Journey of an Up and Coming Leader with Siddharth Ramesh

Posted: 05/21/2019 - 04:43
Author: Siddharth Ramesh

In this episode of the Sourcing Industry Landscape, Dawn Tiura interviews Siddharth Ramesh. Sid comes from KPMG, where he managed a diverse portfolio that shaped his techniques for sourcing strategies that he uses today. Sid now works at VSP Global, under the leadership of their CPO Greg Tennyson, primarily in the vision insurance space and providing affordable eyecare globally.

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