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Insights: Procurement

Five leadership skills for a successful transformation

May 18, 2015 – There are five fundamental principles that can help you drive sustainable change

Market knowledge ‘essential’ when buying energy

May 15, 2015 – Energy buyers need extensive knowledge of both the marketplace and what is important to their organization to be successful

Less lipstick on the As-a-Service pig please…

May 14, 2015 – HfS asked 372 service provider executives to reveal what actions would significantly enhance their As-a-Service credentials

Poor supplier relationship management costs US automakers $2 billion

May 13, 2015 – Car manufacturers in the US could have earned $2 billion extra profit by improving their relations with suppliers

SMEs plan to spend average of $30,000 on supply chain software in 2015

May 12, 2015 – More small businesses are investing in supply chain management software

Procurement’s Journey To Customer-Centric

May 11, 2015 – Procurement has the opportunity to become a strategic steward of organization’s resources, bringing forth new methods to drive innovation, and grow revenue

How Buyer-Driven Procurement Became The New Normal

May 8, 2015 – Procurement departments now have a wide variety of tools in their arsenal, each designed to narrow the information gulf between buyer and supplier

Procurement 2025: 10 Challenges that Will Transform Global Sourcing

May 7, 2015 – Over the next decade, procurement officers will need to take on more expansive roles within their organization

7 steps to effectively control supplier relationships

May 6, 2015 – Managing suppliers well, whether primary or tail spend is important although the approach and intensity may vary depending on their strategic criticality to the enterprise

The Importance of Collaboration between Business Stakeholders and Procurement

May 5, 2015 – In the chase for the highest possible cost savings, individuals can lose focus of the bigger picture, which may lead to strained relationships with incumbent suppliers