The Brave CPO: Deleveraging Organisational Finances

Dave HenshallStrategy, Thought ZoneLeave a Comment

Aligning CFO and CPO strategy to manage  organisational debt The Brave CPO: Deleveraging Organisational Finances. A guide for CEO’s, CFO’s and CPO’s to improve liquidity, credit ratings and borrowing capacity What’s in it for you? Strengthen balance sheet and finance fundamentals Reading time: 10 minutes 1. Introduction: As many industries still struggle to find indicators pointing towards sustainable economic recovery, … Read More

The Brave CPO: Mastering Collaboration

Dave HenshallThought ZoneLeave a Comment

Collaborations strategic value proposition can unlock the door to innovation and sustainable growth, CEO’s and CPO’s must turn the key A guide for CEO’s, CFO’s and CPO’s on how procurement can play a lead role in partner collaboration to secure a sustainable competitive advantage What’s in it for you? Discover why developing a collaborative capability will support sustainable growth and … Read More

12 companies join German commodity alliance

Dave HenshallnewsLeave a Comment

German companies plan cooperation on commodity sourcing HAMBURG, Jan 30 (Reuters) – Twelve German companies have joined the new German alliance aimed at securing raw materials supplies in the face of growing competition for key commodities, the Federation of German industry BDI said on Monday. read more

Purchasing Practice Doubles Linkedin Membership in 2011

Dave HenshallnewsLeave a Comment

The Purchasing Practice Linkedin group membership has doubled during 2011, celebrating its 6,000 member. This markes anouther great year for both Purchasing Practice and its Linkedin group. The groups aim is to help CPO’s persuade their organization to fully embrace the considerable opportunities that exist for increased added value and improved corporate performance through effective management of procurement, sourcing and … Read More

MedStar Health, Novant and Sentara create purchasing giant

Dave HenshallnewsLeave a Comment

MedStar Health is joining forces with two other major health care systems to create a purchasing giant, continuing its efforts to consolidate expenses by reaching outside of its corporate walls for more buying clout. Columbia, Md.-based MedStar, which owns the District’s two largest hospitals, has agreed with Novant Health of Winson-Salem, N.C., and Sentara Healthcare of Norfolk, Va., to create … Read More

Avatar comes to procurement?

Dave HenshallInnovationLeave a Comment

Avatar comes to procurement? One topic grabbed my attention recently while I was engaged in a discussion over on the Purchasing Practice LinkedIn group covering the future of procurement: the issue of holding supplier meetings in virtual game/life simulation Second Life. A quick Google search highlighted impressive organisations such as Intel, IBM and Schneider Electric using Second Life for workplace … Read More

'Procurements Golden Triangle'

Dave HenshallInfluence, Innovation, Process, Strategy1 Comment

Introduction Supply Management is increasingly seen as a core ‘must get right’ competency, in leading organisations around the world and is beginning to take a role in product innovation and brand management. Organisations such as P&G, Deutsche Post DHL and HP realise that a large part of their relationship with their end customers is in fact, dependent upon their own … Read More

Beyond Cost Savings

Dave HenshallInfluence, ProcessLeave a Comment

Procurement leaders must broaden the procurement agenda beyond cost savings and focus on growth and added value strategies. Tomorrow’s procurement leaders must link procurement strategies to the businesses drivers for competitive advantage and focus on outcomes that provide advantage for their customers. To do this procurement must become an integral part of the organization’s growth strategy: 1. Create a compelling … Read More