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Insights: Procurement

Resetting supplier relationships should be top of the board agenda

March 25, 2015 – Beyond reducing the risk of reputation damage, viewing procurement and the management of suppliers as a strategic imperative can deliver benefits for both procurement and the business as a whole

Using big data to help procurement make a real difference

March 24, 2015 – Big data has been touted as the solution to almost every business problem in existence, but how can procurement take advantage of this wealth of information

Procurement professionals split on how to tackle maverick spend

March 23, 2015 – Maverick spending by non-procurement employees is the biggest challenge relating to indirect procurement

Earning trust top focus for procurement in 2015

March 20, 2015 – Procurement will focus on three main transformational areas: cultivating the function’s role as a trusted advisor; investing in next-generation training and development and harnessing big data

Three considerations to make before switching categories

March 19, 2015 – Rotating buyers and exposing them to different categories can help to build capability

Four consumer goods supply chain challenges to beat

March 17, 2015 – To stay competitive in today’s marketplace, consumer goods companies are reaching across the globe to seek new customers in new markets

Four reasons a global supply chain can be risky business

March 16, 2015 – Doing business abroad definitely has its benefits, but it’s also risky business

A New Way to Procure Services – Make them Products

March 13, 2015 – Most procurement organizations have been attacking numerous services spend categories through traditional methods, but making little progress in terms of increasing spend under management

The top five supply chain disruptions of 2014

March 12, 2015 – Typhoons accounted for two of the five worst disruptions to supply chains in 2014 according to research

Harnessing Strategic Partners for Sourcing Innovation

March 11, 2015 – CPOs have plenty of strategies in their sourcing toolbox to mitigate risk-taking the time to fully understand suppliers’ business operations