Procurement organizations are searching for the “perfect” procurement professional – but it’s something that doesn’t seem to exist.
Chief Purchasing Officer: Knowledge
Why CPOs Can’t Make Do With a Single Business Application
A CPO needs to counter the CIO assertion that procurement can make do with a single business application.
What CPOs Can Learn From Facebook’s CIO – Part 1
Facebook’s CIO Timothy Campos has some great lessons for both CIOs and CPO’s alike.
Most Firms Ignore Cost Avoidance, Destroy Economic Value
Traditional wisdom says that soft savings are bad and that cost avoidance should be avoided as a metric. Nothing could be further from the truth!
如何你se Mavericks to Solve the Maverick Spending Problem
I think we need mavericks. Mavericks are good. Mavericks shake up the system, and they point out where the system needs change and improvement. This could not be more apt than in procurement.
Commodity Management Case Study – Borg Warner
BorgWarner gave a terrific presentation at ISM annual conference regarding Commodity Price Risk Management that I thought I’d share.
Making Spend Analysis Sexy … and Profitable: 50 Shades of Pay
Spend analysis is foundational, but its role as the gateway to broader supply analytics makes it truly strategic.
Procurement Must Stretch Beyond “Procurement Best Practices”
CPO’s love to network and learn from one other. And tons of firms are happy to host them for such intimate gatherings. I’ve facilitated many […]
Does Reducing Working Capital by Stretching DPO Actually Destroy Value?
My old employer The Hackett Group sent me the results of their latest annual study on working capital performance (a downloadable version of the study […]
Best Practices in Applying Procurement Best Practices
“Best practices” have been getting a bad rap lately. It has become fashionable to poo-poo them as cookbook techniques based on stale thinking that get […]