A very insightful and commendable piece, Graham. You raise a vital topic that’s critical to most Procurement functions, as I’ve highlighted in a number of previous articles. Importantly, the requirement to educate the wider business should revolve around shifting from...
A very informative piece, Jimmy! Your comments appropriately strike a good balance between the, sometimes conflicting, factors impacting the centralization vs. decentralization question. I agree entirely that it is no longer a clear-cut choice, especially considering...
A very interesting post, Guy, and quite relevant to the debate on boosting Procurement’s capability and raising its profile. The comments by others on corporate management appreciating Procurement’s value-add and Procurement, itself, being proactive are useful points....
Procurement people are constantly seeking ways to boost the success of their functions and themselves as individuals. And there is ample evidence that Procurement’s stature has grown remarkably. The global economic downturn compelled organizations of all sorts to...
Raj, The question you pose is a very valuable one. Sadly, it is often overlooked by overzealous folks who rush to introduce the latest fad KPI without considering the underlying effectiveness of their approach. The acronym “KPI” is one of the most grossly-overused...
Hugo, Fantastic post and very appropriate. The point that people matter most is spot-on; it’s a message I constantly reiterate in my talks, articles and discussions with senior executives in client businesses. Many organizations continue to fall into the trap of...