In order to succeed, a business must be able to deliver more value to customers than its competitors. How do you make supply chain your organisation’s competitive advantage? In order to succeed, a business must be able to deliver more value to customers than its competitors. It is becoming more difficult to find, develop and … Continue reading Making Supply Chain Your Organisation’s Competitive Advantage
Vishal Patel explores the difference between direct and indirect spend across three different industries… The most fundamental spend categorisation in procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management. Whether spend is direct or indirect, supplier … Continue reading A Cross-Industry Look At Direct vs Indirect Spend
How can procurement professionals drive innovation within their organisation, by working closely under the CEO. “Conformity to the present is invisibility to the future.” Stefan Molyneux Innovation is anything but business as usual. As procurement professionals, we are responsible for thinking of new ways of creating value, thereby bringing innovation into our organisations. We also have … Continue reading 7 Ways For Procurement To Drive Innovation
How much should you pay for using music in a commercial? Around 70 per cent of TV commercials use music in one form or another. That is a lot of music. And a lot of money being paid by brands and their agencies to the music industry. Procurement departments ask us three questions: Can you … Continue reading What Every Procurement Professional Needs To Know About Music
How are you letting perfection get in the way of offering an important (and influential) contribution? Have you ever wondered why some people are able to lead and influence those around them while others are left out in the cold? They may be less charismatic, a poor presenter or frightfully timid, yet they influenced the … Continue reading The Three Keys To Building More Influence
For most organisations, there are far more risks and opportunities related to CSR and sustainability in their supply chain than there are within the “internal” business… What’s the biggest change in terms of the focus and priorities for procurement teams and leaders over the last decade or so? There are a few potential answers to … Continue reading Will You Be Your Organisation’s First Chief Sustainability Officer?
Supplier failure and collapse on a massive scale – it’ll never happen to you, right? How do you really think you’re doing to help protect your organisation from the fallout? London, July 2017. Despite an “encouraging start to the year”, the warnings are coming thick and fast on Carillion. By November 2017, the company has … Continue reading Supplier Failure – Are You as Protected as You Think?