The implementation of a category strategy is seen as best practice in procurement. But contracts themselves hold the key to success. For procurement organisations, “category management” is considered a best practice for sourcing. Simply put, category management is the process by which companies segment all the goods and services they need to procure into discrete … Continue reading Why Contracts Are Key to Executing Your Sourcing Category Strategy
Procurement can do much more than it’s already doing when it comes to sustainability. And together we really can save the world… Historically, Procurement’s mandate has involved cutting costs and little else. The reputation for barking orders and slashing spend has led to more than a little resentment within certain organisations. Business units are often … Continue reading Procurement Can…Save the World
Still using cost as a primary criteria for supplier selection? Our latest webinar shares all the secrets you need for success. Have you been tasked with running a selection process for a new supplier but don’t know where to start? Perhaps you’ve been using the same routine for years but feel it’s time to freshen … Continue reading The Secret of Successful Supplier Selection
Will procurement ever achieve ‘rockstar’ status within an organisation? It’s an idea that hasn’t gained much traction in the past. But help may be at hand from a new source. Despite the profession’s best efforts, the terms ‘procurement’ and ‘rockstar’ are uneasy bedfellows in a sentence. When you picture a rockstar – Keith Richards, Dave … Continue reading How Procurement Professionals Can Look Like Rockstars
This article was written for Procurious by Sievo. Find out more about them here. Have you ever had a hard time explaining what you do to friends or family? Do you love your job but get the sense other people find it boring? We all know sales drives growth, marketing builds brands and the buck … Continue reading Creating a Procurement Video to Make Your Mum Proud!
We are living in exponential times. While that fact makes it exceedingly exciting to be alive right now, it also comes with a lot of procurement related issues. Let’s examine a few facts, and see if you can realise where I am going with this: In 1984, there were 1,000 internet capable devices. By 1992, there … Continue reading We are Living in Exponential Times
Change all starts with one small step. But Big Ideas are great in helping us get our feet moving! What happens when Australia’s biggest CPOs and procurement leaders gather in one room? You get a flood of ground-breaking ideas that are bound to push our profession into an exciting new era. The Big Ideas Summit … Continue reading One Small Step for People, 5 BIG Ideas for Procurement