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
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
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
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?
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
Employer branding: pulling the levers for talent attraction
Wonder Jonamu discusses the importance of business branding to attracting the right talent read more
Spend Management: Don’t let the tail wag the dog
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?
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:
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
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