Post Tagged with: "Procurement"

Is the writing on the wall for marketing procurement professionals?

Is the writing on the wall for marketing procurement professionals?

In a surprise announcement made last week PepsiCo announced that they are to shut down their marketing procurement department. The question is why and in absence of an explanation from PepsiCo themselves there is plenty of conjecture about. Brand teams to take over marketing procurement What PepsiCo have said is that they are shifting the responsibility for marketing procurement back […]

by · December 21, 2015 · Procurement
The challenges facing tomorrow’s procurement professionals

The challenges facing tomorrow’s procurement professionals

According to research recently carried via the “2015 Return on Supply Management Assets,” the best performing procurement departments both in Europe and the United States are delivering financial benefits worth more than 7.5 times the cost of the investments sunk into the supply chain procurement process. Procurement team performance in supply chains across Europe and the US The research document […]

by · December 10, 2015 · Procurement
The importance in supply chain of good Supplier Enabled Innovation

The importance in supply chain of good Supplier Enabled Innovation

Procurement-Leaders.com is a membership community of top supply chain executives who have banded together to form a global intelligence network. Their analysts have just completed a study that indicates that many businesses are failing to capitalize on the potential contributions from their supply bases. In what ought to be a desirable aim, businesses are not drilling down into their suppliers […]

by · July 30, 2015 · Procurement
Giving sourcing and procurement the recognition it needs and deserves

Giving sourcing and procurement the recognition it needs and deserves

In a recent think tank meeting of top supply chain managers, drawn from a cross section of industries and tasked with reviewing the most important challenges facing today’s supply chains, and sourcing and procurement in particular, the most important consideration for the future, was deemed to be having the right people in the right positions at the top of the […]

by · June 17, 2015 · Procurement
The role of sourcing and procurement within strategic supply chain management

The role of sourcing and procurement within strategic supply chain management

Technically, sourcing and procuring are different sides of the same coin. Sourcing refers to the practice and skill of being able to track down sources of supply. Procurement refers to taking those sources of supply that have been identified as being purposefully advantageous in theory, and molding them into realizable sources of supply that are deliverable advantageous in real terms. […]

by · March 3, 2015 · Procurement