You don’t have to look far to see the reputational damage caused by poor supplier decisions.
According to recent figures by the consumer-insight network Kantar, nearly half of us changed our shopping habits following the horse meat scandal. Following this, Tesco chief executive Philip Clarke pledged to increase orders of UK-sourced meat from 20 per cent to 90 per cent and ordered a review of how the company’s relationships with suppliers could be made more “transparent and collaborative”. (more…)
Despite the work of the Charities Sector Procurement Group promoting the benefits of cost savings and efficiency gains, the third sector is struggling to shake off legacy relationships and contracts that were negotiated without putting value front of mind. It’s not uncommon for people within the charity sector to equate the idea of procurement with the person who buys the stationery and uniforms. (more…)
Upon starting any new project or role, within an organisation, one of the keys to success is stakeholder management. I spend more than 50 per cent of my time managing my stakeholders and it pays off. (more…)
The cost of the result, in terms of lost sales and reputational damage, will probably exceed the money made selling cheap burgers many times over. (more…)
In my experience, procurement and sales have a lot in common. Both are concerned with maximising profitability, whether through top-line growth delivered by sales, or bottom-line protection by procurement. (more…)
What’s the next big thing for procurement? The 1980s saw Electronic Data Interchange, Statistical Process Control and Computer Aided Design/ Manufacturing; the 1990s e-procurement; and the noughties heralded the widespread adoption of e-sourcing.
I think collaboration will be the next game-changer – for both procurement and, potentially, for business as a whole. (more…)
I recently picked up and reviewed, for a second time, a survey of companies operating in Western Europe, carried out by Capgemini and the Economist Intelligence Unit. In it, 86 per cent of respondents agreed that “business transformation has become a central way of working”. However, the percentage who believed business transformation was something their company excels at was only 30 per cent. That research was carried out in 2007 and I was left wondering whether things had improved. I suspect not. (more…)
cheap viagra online3-soapbox-Amanda-Earnshaw-pic_8539_cropped_sma-150×150.jpg” alt=”Amanda Earnshaw” width=”100″ height=”100″ />Supply chain professionals often underestimate their worth to the business and their ability to compete with others outside purchasing.
This is no surprise as major preoccupations are lack of stakeholder engagement and budget influence. Add to that people’s tendency to ‘fall’ into procurement and it is no wonder we misjudge our unique skills offering. This is holding us back as a profession and in reaching for that top CEO position. (more…)
order cialis online without prescriptiong” alt=”" width=”100″ height=”100″ />The economic situation has thrust procurement into the spotlight, but there remains a lack of high-quality professionals queuing up to become purchasers – with many graduates not even aware of it as an option. (more…)
It is some time since I was invited to a slumber party so the opportunity to be part of the commissioning event for the Olympic Village was very welcome. Around 1,000 guests spent an evening in the athlete’s village before the Games began and stayed over in one of the apartments. (more…)
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