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
The Brave CPO: Creating Procurement Entrepreneurs
The Brave CPO: Creating Procurement Entrepreneurs The Brave CPO: Creating Procurement Entrepreneurs – A guide for CEO’s, CFO’s and CPO’s on how their procurement organisation can develop an entrepreneurial role and capabilities to capture innovation and support of growth. What’s in it for you? Competitive advantage and growth Reading time: 10 minutes 1. Introduction “You don’t make money when you … Read More
The Brave CPO: Leading on Innovation
The Brave CPO: Leading on Innovation Innovation Centred Procurement: We explain how CPO’s can make the connection with the top line. What’s in it for you? Increased value from procurement and your suppliers by capturing innovation. Reading time: 15 minutes Preface: Except for a small number of select organisations, the buy side of innovation remains greatly under-exploited which can damage … Read More
Procurement Thanksgiving
As the US Thanksgiving holiday reminds us all that 2011 is rapidly drawing to a close we take a look at five reasons for procurement to say thanks: 1. Procurement has had a ‘good recession’ Recessionary times has placed procurement in the spotlight. Whilst there has been company-wide belt tightening – procurement’s increasing influence over their organizations spend has increased … Read More
Procurement Talent: Entrepreneurial Disruptors Required
Crowd sourcing, cloud sourcing, open innovation – call it what you want. But it represents both a threat and an opportunity to procurement professionals everywhere. Organisations such as IBM, Volkswagen, Unilever and the Conservative party have all made the news recently with crowd sourcing – essentially outsourcing a task to a large group of people through an open call for … Read More
Top Ten Priorities for Innovation Centred Procurement:
Procurement must learn to adapt to the rapidly changing environment modern businesses operate in or risk becoming irrelevant. It is not just about new tools, but about mind-sets and behaviours. Its also about monitoring developments in its external environment that impact their organisations ability to compete and therefore procurements ability to contribute strategically. These changes are about innovation, where technologies … Read More