Global Sourcing Capabilities Part 2 – Corporate Social Responsibility

Dave HenshallCSR, Global Sourcing

Global Sourcing Capabilities Part 2 Global Sourcing Capabilities Part 2 – In this four-part series, we examine eight-dimensional capabilities that will help you overcome the myths surrounding global sourcing. In today’s post, we will focus on the dimension of corporate social responsibility. (In part 1 we addressed cost and quality.) Dimension #3: CSR CSR is important in global sourcing in … Read More

Global Sourcing Capability Framework: Part 1 – Cost & Quality

Dave HenshallGlobal Sourcing

Global Sourcing Capability Framework: Part 1 Global Sourcing Capability Framework: Part 1 – In this four part series, we examine eight dimensional capabilities. In today’s post, we will focus on the two dimensions of cost and quality.   The myths surrounding global sourcing are many, widespread and often misleading. They usually revolve around business conducted in developing countries, the so … Read More

Asian CPO Rising

Dave HenshallCPO

As global economies recover,  Asian CPO’s must raise their teams game to orchestrate change strategies for the challenges and opportunities ahead:   During the past decade, the thirst of the western consumer, fed by global sourcing from low cost countries (LCC), has helped Asian companies embed themselves into the ecosystem of the west. Now, as the world’s economies recover from … Read More

UK Plc Part 2: A Solution for Public Sector Procurement

Dave HenshallPublic Sector

Moving from a collaborative approach to a centre led approach would deliver huge benefits for both the public sector and the government purse. Furthermore, such a transformation could be achieved within the life time of a government, making it a very attractive policy with an enormous return and little risk. Adopting a more systematic and authoritative approach is central to … Read More

UK Plc Part 1: What’s wrong with Public Sector Procurement?

Dave HenshallPublic Sector

The UK government currently spends around £220bn on goods and services – that’s about £1 in every £4 spent in total by the Exchequer. (Source OGC website).   It is right therefore for taxpayers to have expectations that monies on this scale are managed in accordance with best practices benchmarked anywhere in the world. Leading organisations in the private sector … Read More

Spend Management: Don’t let the tail wag the dog

Dave HenshallSRM

Spend Management: Don’t let the tail wag the dog   Spend Management: Don’t let the tail wag the dog – Procurement must get control of the long tail of spend to avoid the loss of value this distraction can impose on the strategic end of spend management:   As the pressure on supply management increases, so too does the demand … Read More

Sellers or Buyers contract in IT – the legal view?

Dave HenshallProcess

Should you use the form contracts of the vendor or the customer when outsourcing information technology? This is the question the editor of The Metropolitan Corporate Counsel asked in an interview with Paul G. Madison , Partner, Kelley Drye & Warren LLP. This is a subject dear to my heart and one I have commented on in previous post. Madison … Read More

Procurement Takes the Stage on Capital Markets Day Events:

Dave HenshallInfluence

As the credit crisis evolves into the new normal, credit has become tighter and one outcome investors and regulators will almost certainly demand is more transparency into the strategy and crucially, the underlying operating and financial performance of companies. Investors are increasingly aware of the impact that procurement and the supply chain can have on overall company performance in supporting … Read More

Linking SRM to Open Innovation

Dave HenshallInnovation, SRM

Linking SRM to Open Innovation Linking SRM to Open Innovation – www.InnovationManagement.se described: “Three Levels of Open Innovation Maturity”. It show’s the close correlation between SRM and Innovation and describes three levels of maturity: Level 1: Externally Aware: Level 1 companies recognize that external ideas and capabilities are valuable in the innovation process. They partner with suppliers and customers throughout … Read More