Smart organizations invest efforts to enhance their Procurement effectiveness because they recognize the immense financial benefits and competitive advantage it brings. But such “Procurement pioneers” are in the minority. Sadly, but in truth, majority of Procurement...
Webster defines mojo as “a power that may seem magical and that allows someone to be very effective and successful.” A new book on procurement asserts that is precisely what’s holding so many procurement organizations back from realizing their full potential. John...
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...