Procurement GPS

Currently at the PLN Forum in Vienna, innovation is the talk of the town. » more

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Does supplier collaboration exist only when the times are good? » more

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Suppliers can have such a huge effect on the performance of the customer business that it is an absolute imperative that they have clear direction as to what is key to that customer. » more

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Much has been written about the importance of procurement's role in developing effective supplier relationships. However, much less focus has been placed on the importance for procurement to look inwards and build cooperative relationships with its peer functions and stakeholders. » more

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Many organisations accept the need for a business strategy that will guide their development and performance objectives. But, how many organisations look beyond their own boundaries to the supplier network that feeds them with resources and competencies? » more

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The impact that poor supplier performance can have on your own organisation should never be underestimated. Studies have shown that as much as 20% of an organisation's costs are not only avoidable, but are a consequence of its suppliers' inability to get their own house in order. » more

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Is supply management an art or a science? Yes, we can use complex algorithms to predict and plan for requirements, but my experience is that unless you operate within a reasonably stable environment, predictions are either wrong or lucky. » more

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Who in your organisation leads the introduction of new supply projects? Who project manages them? Who ensures the relevant stakeholders are engaged and coordinated as the project progresses? » more

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