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January 2017

Leveraging Supplier Innovation

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Rob Handfield, PhD, NC State University

We hear the words “innovation” as a source for growth in the economy over and over again. New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we are likely to see new forms of innovation occurring. But what will […]

December 2016

Enabling the New Procurement Organization through Digital Transformation

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Procurement has historically been under immense pressure to remain flexible and constantly adapt. Between keeping up with volatile economic conditions, product changes and regulatory requirements — all while focusing on adding value and increasing efficiency — change, agility and the ability to balance various critical, and often competing objectives, has always come with the territory.

Adapting […]

7 steps to more professional and process driven procurement

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Earlier this month, we hosted an event in collaboration with LOGY (the Finnish procurement and logistics organisation). In the event Luis Peluffo Johansen, Global Category Director from ROCKWOOL International, spoke about the journey of the multinational company’s indirect procurement department – from formidably decentralised and locally isolated procurement to a professional and process driven organisation.

Luis […]

17 Planets of Value | Extended Q&A

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In our recent webinar Planets of Value: Procurement Creates New Wealth for Organisations, Craig Lardner FCIPS provided a review of 17 Planets of Value. Several questions were asked during the Q&A session, but we ran out of time to answer a number of additional good questions. We’d like to thank Craig Lardner FCIPS for taking the time to respond […]

November 2016

Supply Chain Sustainability: Recent Commitments Highlight Procurement’s Critical Role

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Supply chain sustainability has dominated much of the news cycle these past few weeks. Take, for example, the following commitments from some of the worlds’ biggest brands:

Coca-Cola committed to ambitious sustainability goals promising to increase renewable energy, reduce packaging and double the number of employees taking part in related volunteering initiatives.
General Motors has […]

17 Planets of Value

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Our forthcoming Live webinar from Craig Lardner FCIPS will round out our series for 2016 in the APAC and MENA regions.

Based on years of procurement experience, Craig will provide a review of 17 planets of value in this webinar, Planets of Value: Creating New Wealth for Organisations.

His review of the 17 planets of value will have […]

September 2016

Key Questions to Ask Your Procurement Provider Before Signing

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Selecting a procurement tool that meets your organization’s unique needs isn’t easy. Every provider has its own blend of technology, services and market expertise, so how can you be confident the one you choose will help you reach your core business objectives?

There are a few key requirements to consider when choosing a partner. Start by […]

What Makes a Best-In-Class Procurement Operation?

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While there’s no secret formula for building a best-in-class procurement operation, procurement’s ability to impact the business and create sustainable, differentiating value depends greatly on the technology, people, relationships and processes in place.

Supply management research firm, Ardent Partners recently conducted a survey looking deeper into the traits and characteristics most common in top-performing procurement teams. […]

August 2016

“Explain procurement to me and convince me how much it matters…”

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Procurement organisations need a solid reputation to prosper. A reputation for managing costs, managing risks, and managing governance because issues are exposed and exploited faster today than ever before, thanks to advanced communication and social media.

But, as you know, that’s not all procurement organisations do and doesn’t cover the range of real business benefits they can deliver. […]

Stakeholder Engagement: Moving Beyond Cost-Cutting to Value Creation

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In a recent Deloitte CPO study, 74 percent of procurement executives said supporting enterprise-level cost reduction efforts was a top priority in 2016. However, more than 60 percent also said they felt their teams didn’t have the skills needed to achieve the desired results.

What’s a procurement leader to do? Visionaries are adopting a new way […]