What’s next in supply chain systems? There’s plenty to be excited about First-generation supply chains were good at automating and optimizing processes. But they were restricted to functional silos – and that’s not enough for what we need in supply chains today. Advances in supply chain technology are needed if procurement teams are to manage … Continue reading 4 Reasons To Be Excited About The Future Of Supply Chain Technology
How should you lead your procurement team during a crisis? Here’s what you need to do “The ultimate measure of a leader is not where they stand in moments of comfort, but where they stand at times of challenge and controversy.” Martin Luther King Jr. Martin Luther King Jr. was certainly onto something when he … Continue reading How To Lead Your Team In A Crisis: Covid-19 Procurement News
Mind the Gap? We most certainly do but will it finally start to narrow? Funny memes, inspiring posts and far too much fake news – we are being inundated with information to entertain, amuse, inform and frighten us while we are in lockdown or self isolation. However, one post that really caught my eye was about the value of people’s work – … Continue reading How COVID Could Kill Excessive Pay?
Is sustainability shelved for now? The COVID-19 pandemic has caused several of the biggest issues facing the profession before February 2020 – sustainability, social procurement, and supply chain diversity – to plummet in priority while organizations refocus on cost and risk reduction. Given that 78% of companies anticipate a financial impact due to the crisis, … Continue reading Has COVID-19 Pushed Sustainable Procurement Off The Agenda?
How can procurement teams use purchasing power to improve an organisation’s sustainability and social impact? Across industries Chief Procurement Officers are assuming the responsibility for their firm’s sustainability and social impact objectives. All while continuing to identify the best price, vendor and value for each transaction. Businesses are grappling with pressure from investors, employees and … Continue reading How Procurement Can Deliver Social Impact Through Sustainable Sourcing
Are you ready for what’s to come? … Every day, those of us in Australia, the US and Europe are increasingly feeling the full force of the coronavirus. In Italy, where the situation has escalated, the country has been fully quarantined. Countries all over the world are implementing strict restrictions on incoming travellers, and with … Continue reading Life At The Coronavirus Epicentre: Is This A Glimpse Into Our Future?
Why is an ecosystem approach better than an end-to-end source-to-settle (S2S) suite in procurement and buying? Digitisation of procurement and sourcing is in full swing. And the applications that provide these services are booming. But these vendors typically offer full end-to-end source-to-settle (S2S) suites, with only part of their solution dedicated to procurement and sourcing. In … Continue reading Rise Of The Procurement Ecosystem