Strategic Sourcing

The Case for Changing the Chief Procurement Officer Role

Posted: 09/30/2020 - 23:19
Within your organization, have an open dialogue to explore how Procurement and the CPO role can evolve.

Procurement Sentiment and Observations

During this pandemic, many organizational CEOs and Board members have become aware of and startled by the inefficiencies and bureaucracies in their Procurement organizations. C-suite executives discovered their organizations were in predicaments with deep and broad implications none of us had previously fathomed. Most of us never imagined we’d need to find new suppliers, support, or transition from current ones to diversify for business continuity at the drop of a hat. 

A Brave New Supply Chain World

Posted: 04/08/2020 - 02:49
World Supply Chain

To understand long-term transformations in supply chain and procurement technology, supply chain professionals must be able to understand present trends so they can help shape future realities. Experts believe the following predictions are viable hypotheses that we should consider for 2030.

Procurement Is the Ultimate Guardian of Responsible Supply Chains

Posted: 01/27/2020 - 00:00
Procurement Is the Ultimate Guardian of Responsible Supply Chains

Imagine a world where all people thrive within the environmental boundaries of our planet. Picture a planet where the immediate threat of climate disaster has been avoided and where global businesses have evolved their business models to support a responsible and low-carbon economy.

Whilst is seems a bit far-fetched looking at today’s realities, we fundamentally believe this world vision is possible and millions of procurement professionals worldwide are mission-critical in making this come true.

Rising Star Interview: Zachary Greenberger

Posted: 09/13/2019 - 23:10
Rising Star Interview: Zachary Greenberger

How did you get into this field – was it purposeful or by accident?

A bit of both – my career started with a heavy interest in supply chain, and the desire to dive deep into and resolve complex business issues. After my first experience in strategic sourcing, I very intently pivoted to pursue a career with that focus. I felt there was a really unique ability with this type of role to influence critical decisions, develop a wide range of relationships and continuously expand my business knowledge. 
 

Re-engineering a Corporate Real Estate Service Organization: Governance

Posted: 06/17/2019 - 04:27
Although these processes can take months – sometimes longer, the work does not end when the contract is signed or even when the services are successfully transitioned to the outsourced partner. You don’t simply hand over responsibility for the contracted services, schedule quarterly and annual updates and expect things to run smoothly.

Procurement: Why You Should Outsource the Work and Not the People

Posted: 06/09/2018 - 00:49
Why hire a full time employee for a part-of-the time job?

As procurement professionals, we are always striving to achieve the best total cost of ownership with the products and services we purchase. We’ve seen the negative impact that bottom-dollar pricing can have with respect to quality and delivery. We’ve seen how over-engineered products with high price tags can erode our margins. Our constant aim is to look at each purchase holistically and measure its total value to the company we represent. So why don’t we look at our procurement teams the same way?

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