Thursday, 29 August 2013

Is Your Sourcing Organization Best-in-Class?

Authored by Mickey North Rizza

If you’re like many CPOs and procurement executives, you often run the gauntlet of finance and others asking for details on annualized savings numbers. Cost savings remain a major component of the value that strategic sourcing offers most organizations and, as with many things in life, what’s good can always be better.


No wonder then that, according to a recent report from Ardent Partners, identifying more savings opportunities ranks as a top business pressure for 65% of CPOs. In The State of Strategic Sourcing 2013: Speed is Good, Agility is Better, analyst Andrew Bartolini looks closely at what forward-thinking CPOs are doing with supply management strategies to push to the next horizon of savings with strategic sourcing.

Tuesday, 27 August 2013

Applying Big Data Transparency to Improve Our Lives

Authored by Mickey North Rizza

In 2002 I was using a Handspring Treo, a personal device assistant (PDA) to capture my address book information and emails. A few years later, I was using a RIM Blackberry to do the same, but it had the added benefit of being a mobile phone too. These days I can do a thousand things on my smartphone which is a PDA, mobile phone, camera, media player, GPS and an internet tool that lets me tie all my interactions together in one device. WOW, it’s pretty cool and a superb all-in-one personal device. But nothing compared to all the information that it touches and captures.

Monday, 19 August 2013

The Problem with Procurement – Is there really only one?

Authored by Claire Sexton

The global procurement director at PricewaterhouseCoopers (PwC) wrote a new Harvard Business Review blog post that has been the source of many conversations in our office recently about what procurement can do better and what’s stopping that progress. An anecdote that I thought was quite interesting: there was another article published in 1983 that also called for procurement to become a more strategic function by expanding beyond purchasing. Today, 30 years later, we’re still discussing how procurement can and should evolve…

Thursday, 15 August 2013

News Bulletin - Sara Omer Elected As CIPS Congress Europe/MENA Constituency Representative

A few weeks ago we informed StrategicSourcing.ae LinkedIn members that our very own Tejari blogger Sara Omer had been nominated as a candidate for the CIPS Congress to represent the Europe/MENA constituency. We are delighted to inform our readers that Sara was voted for and elected by the CIPS community for the CIPS Congress to represent members in the Europe/Middle East constituency.

We’d like to say huge congratulations to Sara and a well done to all this year’s nominees. If there are any CIPS members out there that fall under that constituency and would like to ask Sara any questions, please contact her via the email address below and she’d be more than happy to hear any suggestions views and opinions for representing you all in the coming terms.


Sara.omer@tejari.com


You can also view Sara's latest industry briefing on Running Successful eAuctions here
 
 

Wednesday, 14 August 2013

Procurement – Its Own Worst Enemy? (Part Three)

Authored by Sarah Clarke

Spurred on by an article on procurement from the Harvard Business Review, which highlighted poor communications in procurement teams both with internal and external stakeholders, I decided to write a couple of posts around some tools that can assist with communications.

Considering Monday's thoughts around 'Thinking Social' – I gave you a brief overview of Trello. Today, we’ll take a look at another free tool, Prezi – a tool to communicate and present your ideas in a compelling manner.

Monday, 12 August 2013

Procurement – Its Own Worst Enemy? (Part Two)

Authored by Sarah Clarke

In the last post we took a look at an article on procurement from the Harvard Business Review, which highlighted poor communications in procurement teams both with internal and external stakeholders.
 
As a marketing professional, I am not in any position to tell procurement professionals how to procure, however I can give you insights into some of the tools we use for communications.

Friday, 9 August 2013

Procurement – Its Own Worst Enemy? (Part One)

Authored by Sarah Clarke

I recently read a post from the Harvard Business Review titled ‘The Problem with Procurement’. It was an interesting read and I’d recommend any procurement professional to go and take a quick look.

The essence of the results ‘found pretty conclusively that procurement managers are their own worst enemy, both with external suppliers and within the company, with internal customers and other stakeholders’.


Wednesday, 7 August 2013

Supply Chain Risk Management Cost vs. Shareholder Value

Authored by Mickey North Rizza

In last week's blog post on supply chain risk management, we noted a study found supply chain disruptions equated to 30% lower shareholder returns and a similar study found margin erosion. In addition, the second study also noted that many companies do not implement supply chain risk management strategies because it is too costly. Yes, you read both sentences right — it is too costly to implement supply chain risk management strategies, yet supply chain disruptions equate to 30% lower shareholder returns and margin erosion. Isn’t the right mindset: it is too costly NOT to implement supply chain risk management strategies?