At what point should a growing business bite the bullet and professionalise procurement? New research from Wax Digital has found that the right time is surprisingly early in a businesses’ growth, but it’s usually done on the back foot. As professionals in the sector we tend to think that procurement is the sole domain of large organisations spending millions … Continue reading The Procurement Tipping Point
Information on demand. Constant connectivity. Global coverage. Are these a boon to our working lives? Or can there be too much of a good thing? We live in a world of unprecedented connectivity. No matter where we are in the world, we have a host of information at our fingertips. Which is great when it … Continue reading Has Technology Tipped the Scales on Your Work-Life Balance?
Heading off to begin a new procurement chapter abroad? Make sure you’re prepared to accommodate, and adapt to, a new culture. Have you ever wondered what courage it would take to pack your bags and set off across the globe in order to start an entirely new chapter? Juggling a new home, new job and a new … Continue reading Different Country, Same Procurement Culture?
What exactly is emotional intelligence (EQ)? How can you determine if you have those characteristics? And why is it so important? You’ve probably heard the term “emotional intelligence.” It’s come into vogue in recent years, with numerous books being written about the subject. Businesses are increasingly focusing on emotional intelligence and researchers are increasingly learning … Continue reading Are You Emotionally Intelligent? Here’s How to Tell
Do people in your workplace ever refer to you as reliable, trusty, dependable? That’s got to stop! Are you a woman working in procurement? Join Bravo, our specialised group on Procurious. Truth or myth Myth: Having a reputation for being “reliable” and “getting the job done” makes you valuable. Over the weekend I’ve been helping … Continue reading Why Being Reliable Spells Doom to Your Career
With the Trump administration’s “Made in America” campaign in full swing, attention has turned to the Pentagon’s global supply chain. The reasons to Buy American might be a little more compelling than you expected…. In 1933 Franklin D. Roosevelt signed into law the 1933 Buy American Act which required the Pentagon to purchase US-manufactured products for … Continue reading There’s One Key Reason To Buy American In 2017
Procurement ought to care a whole lot about long tail spend and lay out the best way to manage it in the “consumerisation of tech” era… I have no doubt that agility, innovation, and adding value to the business should be of paramount focus to procurement teams evolving beyond cost-center status. Who wants to be … Continue reading Long Tail Spend 101: New School Approaches