Strategy

Seeing the Light: Why More CFOs are Using Procurement as a Tool for Business Growth

Posted: 02/25/2019 - 02:42
A growing number of CFOs across Europe are now looking to their procurement teams to support their companies’ business growth strategies. Procurement is not just simply a back-office function, but a proactive business tool, able to deliver short-term gains and also help a business work towards long-term objectives.  
 

Benchmarking: Procurement’s Next Big Competitive Advantage

Posted: 12/20/2018 - 03:45
The procurement industry is at a crossroads. Procurement executives are tasked with delivering value that impacts the bottom line, but demonstrating that value to stakeholders, finance and other departments is easier said than done. Almost every CPO strives to lead a best-in-class function, but how do we know what best-in-class actually looks like? 
 

How to Keep Bad Weather from Killing Your Logistics

Posted: 12/11/2018 - 04:15
Supply lines never look as vulnerable as they do when inclement weather strikes. At best, trucks face major delays as accidents and poor conditions make roads treacherous and, at worst, they suffer accidents of their own. Routinely, air carriers remain grounded while affected areas hunker down and airports close. Don’t think you’re safe even if you fall outside a storm’s high-impact area.

Quinn and Hilmer: The Approach to Strategic Outsourcing

Posted: 08/03/2018 - 04:25
There’s outsourcing and then there’s strategic outsourcing. The distinction between the two seems obvious today but professors James Brian Quinn and Frederick G. Hilmer did groundbreaking work that identified and evaluated the core competencies that go into strategic outsourcing decisions in the early 1990s. Their findings are still practical today almost 20 years later. 
 

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