Sunday, 29 December 2013

Change It Up!

Authored by Mickey North Rizza
I was reviewing some information on a company, including trends affecting their industry and company, and also my notes from discussions with their executives and I found it interesting to note, when their executives understood change was required they translated that message to their employees, and when doing so, followed their message with significant organizational changes (such as selling off assets, restructuring, investments and employee reductions, to name a few). The executive team “changed the game” to impact the company’s performance immediately and for the long term.

Sunday, 22 December 2013

Real World Sourcing Scholarship Winner Announced

Authored by Soraya Sackey

At this year's Real World Sourcing Series Tejari offered participants the chance to win the 2013 Real World Sourcing Scholarship for use towards procurement specific training. To qualify for the scholarship, participants were asked to complete online certifications following each briefing, this reinforcing our efforts to support education in the region.

Tuesday, 17 December 2013

The Best Laid Plans...

 Authored by Mickey North Rizza

I find it interesting that companies have strategic plans, integrated business plans and short and long-term plans; however many of the actions and performance measures are not tied to these plans. 

Sunday, 15 December 2013

Procurement: On the Brink of Relevancy?

Authored by Mickey North Rizza

What is relevancy? According to the dictionary, it is defined as “having practical value or applicability or pertinence.” Procurement becoming relevant is therefore the broader knowledge that Procurement has practical value or applicability to the business or is pertinent to the business.

Wednesday, 11 December 2013

What if Twitter was your Sourcing Tool of choice? (Part 2)

Authored by Steven Low 

So how on earth could the twitter approach work? Well, to be on twitter you create a profile of some description. This could be where suppliers fill up all the boring bits of information about themselves. The covers off the upfront chunk of an RFI or RFP straight away! Buyers would essentially do the same thing on their side. Next, they could start tweeting in real time about Sourcing opportunities coming up – in less than 140 characters of course. Suppliers could ask questions back instantly about exactly what and wasn’t required.

Wednesday, 4 December 2013

What if Twitter was your Sourcing Tool of choice? (Part 1)

Authored by Steven Low 

We all heard or read about the hype surrounding Twitter’s initial IPO a few weeks back. A stellar success by all accounts although like me, I’m quite sure you never got your hands on any shares to make a healthy profit. The social media darling – who has yet to make any profit of its own is worth way more than British Sky Broadcasting Group and almost worth as much as the once-mighty Royal Bank of Scotland, i.e I don’t think I can afford to buy it anytime soon.