Supply Management recently reported a global survey by Consero Group in which almost half of Chief Procurement Officers (CPOs) named supplier risk as a top concern—“their biggest worry.” This is good news and bad news. The good news is that a significant proportion of...
The recent global economic turbulence and several geo-political factors are increasingly positioning Supply Chain Management (SCM) as a key agenda item in boardrooms across the world. Recent media stories on slave wages and child labour in some supply chains, and...
The prior global recession and several other critical business factors have put Procurement in the spotlight in recent years. Natural disasters, health epidemics and geopolitical and socioeconomic developments, which create mammoth disruptions or supply chain risks,...
Effectiveness is not a requirement that is peculiar to Procurement. Rather, it is central to success in any realm of life. My own experiences are adequate evidence for me. I am sure that if many of us examine our personal experiences in successfully achieving things...
Smart organizations invest in boosting their Procurement Mojo® because they recognize the power of effective purchasing. But majority of Procurement functions today still struggle with achieving the success and recognition they crave. Purchasing professionals in such...