Unsurprisingly, newsagent Luis Del Regno thought it was a hoax, but the Pope insisted it was him: “Seriously, it’s Jorge Bergoglio, I’m calling you from Rome,” he is reported to have said. (more…)
More and more CPOs are being asked to lead the sustainability agenda by their board. This is not always wanted, but as soon as supply chains are raised, the natural home is with the CPO.
Consumer behaviour, societal pressures and enlightened employees means corporate social responsibility (CSR) is rising back up the agenda, but what are the next steps you should take on behalf of your organisation? (more…)
When asking the question ‘how can procurement become more strategic in a business?’, a common piece of advice I have heard is to align the goals of procurement with the objectives of the business.
I have often wondered who isn’t trying to do this when setting the objectives for their department, given it seems lunacy to have the function moving in one direction, when the business wants to achieve something else. (more…)
There’s been a flurry of CPO appointments announced in the past month. Businesses hiring new purchasing chiefs include Philips, Diageo, Chrysler and KPN.
After having already faced four years of economic restraint, purchasing heads at companies operating in the US and Europe will have to be even more creative in finding ways to cut costs. However, there is concern in some quarters that procurement’s time in the spotlight is being reduced to little more than saving money. (more…)
During discussion at the recent CPO Agenda Cost-Cutting Summit, procurement’s contribution and ambition was frequently described in the following ways:
“Long term delivery of value for money.”
“Getting more for less,” and “making a broader impact for lower cost”.
“Leveraging your cost base,” and “creating a cost conscious culture”.
This isn’t surprising given that the purpose of the evening was to discuss how to make cost savings. But what is worrying is that these phrases were also used when discussing procurement’s role longer-term. (more…)
The latest CPO Agenda debate takes place tonight in London (it’s free to come along, and there’s still time to register if you fancy some post-work networking drinks followed by a Q&A with a selection of top CPOs – click here for more details). (more…)