Procurement’s Tipping Point – Only True Leaders Will Prevail

  It’s said that Henry Ford once enlisted an efficiency expert to examine the operation of his company. While his report was generally favorable, the man did express reservations about a particular employee. “It’s that man down the corridor,” he explained.“Every time I go by his office he’s just sitting there with his feet on […]

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What Happens When the Sourcing Luck Runs Out?

  If you have been doing something in the same way for a long time, it probably means you’re pretty good at it. But there’s a little catch – just because it’s familiar, doesn’t mean it’s always right. Sourcing is one of the key instruments in procurement. But it is not the answer to everything […]

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Industrialization 4.0. How does procurement measure up?

  The fourth industrial revolution has begun a couple of years ago, and now, it is galloping ahead. Nowadays, everybody is talking about industrialization 4.0. Some are still not aware what does it entail and what will be the full scope of repercussions. You may think that we exaggerate when we use the term Industry […]

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3 Actions Procurement Is Screaming for!

  Procurement has come a long way from a simple old-school transactional department that is hidden deep inside the company. It is continuously faced with a myriad of demands, from internal business requirements to external legislation and in order to address them rapidly and efficiently, it needs to be much more agile and have a […]

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