Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Is it the efficiencies that might be gained from harnessing the technology? How about the insights that might be available? Or is it more …
A few weeks ago, I wrote about how procurement, R&D and sustainability were being rolled under one leadership at Mars Wrigley. It’s a fascinating blueprint for how procurement is being viewed as a catalyst for sustainability – supporting the strategic …
Hands up if you’re either thinking about, have recently been through or currently undergoing a procurement operating model change. I have a suspicion – if you were to play the game – that a lot of virtual hands would be reaching for the sky right now. Why? …
“Procurement is not a job, it’s a responsibility,” are words that will be nagging at the minds of a hundred procurement executives, following an impassioned speech by Henkel CPO Bertrand Conqueret in Frankfurt last week. As a founding member of Together …
A few weeks ago, a LinkedIn post from one of our members provided a tantalising and hopeful glimpse into the future. This might be a bold claim but when Amanda Davies, Chief Procurement & Sustainability Officer at Mars Wrigley, announced that she was …
The well-worn adage of culture eating strategy for breakfast has been around a few years. Attributed decades ago to one of the gurus of modern business philosophy, Peter Drucker, it’s a motto that argues that even the shiniest, most creative plans are …
If you live in the UK or keep on top of the British news agenda, you may have seen a story over the past few days concerning a political party announcing a U-turn on its signature green investment policy. What was said? Sir Keir Starmer, leader of …
It can be draining just reading about the chaos brought about by global risks that continue to hit the headlines; from Houthi Rebel strikes in the Red Sea to ongoing speculation about Chinese intentions towards Taiwan, to the potential fallout from “the …
Supply chain transparency: Enabling insights into the invisible As supply chains have grown more complex and globalised, organisations have found themselves exposed to an increased number of operational vulnerabilities. This has resulted in internal …
As we, and more than 40 CPOs from our global community of leaders, embark on the process of judging the World Procurement Awards 2024, it was a privilege to look through many of the entries before our panel of experts get stuck into the process this coming …
The concept of ‘energy transition’ fascinates me. It’s a simple phrase; one that rolls off the tongue and suggests a satisfyingly straightforward process – stop using one form of energy, start using another. Simple, clean, impactful. The reality, of course …
Procurement Leaders’ CPO community will gather next Thursday to discuss the concept of early supplier involvement – a simple idea that formalises how key suppliers are involved early enough to contribute maximum value to a buying organisation’s strategic …
Just before the holidays, Jim Ridgwick, director of procurement at Save the Children, led a Procurement Leaders community session to share how he and his team had executed a significant digital transformation at the charity. The results of the …
Today marks an inflection point for the world and for procurement. Climate change, artificial intelligence, geopolitical uncertainty, and demographic changes are among the trends reshaping the world as we know it. This great reshaping brings with it …
Global supply chains have endured severe disruptions in recent days as attacks on vessels in the Red Sea have forced some of the world’s largest shipping companies to reroute carriers around Africa. With this resulting in delays to shipments and – …
Like many within the procurement community, dsm firmenich’s deputy chief procurement officer Gianluca Colombo is a keen chef in his spare time. “I like cooking and discovering new recipes, he told Procurement Leaders. “I mean, sometimes the result is not …
CPO Compass 2024 While procurement teams have been forced to deal with successive day-to-day crises over the past few years, the future they are faced with looks increasingly uncertain. Powerful new technologies promise to transform not just the …
Under increased pressure to save money, CPOs are being asked to do more with less. With the emergence of ESG and resilience in recent years as top priorities alongside the function’s bread and butter of cost savings, teams must now simultaneously deliver …
In my 27 years in procurement, I’ve rarely encountered a savings opportunity as lucrative as that offered by IR35 – the UK tax rules on off-payroll working. Implemented correctly, you’ll deliver seven- or even eight-figure annual savings, directly …
Purpose-driven procurement: Entering an age of holistic value Having pivoted rapidly to support the business during a series of unprecedented circumstances – the global Covid-19 pandemic, sustained price inflation, shortages, and the effects of several …
