In my last post, I talked about three key areas of the procure-to pay-process. Now I would like to dig a little deeper into the first of those Ps — the procuring part. Your procuring/purchasing ...
You can improve business performance by aligning the objectives of purchasing management with your business strategies. At the strategic level, purchasing decisions affect profitability and business ...
Reactivating the human element of procurement means giving teams time to focus on strategic value. This is where agentic AI ...
In my last article I pointed out possible downsides to consolidating control of original equipment manufacturer (OEM) purchasing into a corporate group. The message there wasn’t meant to be that ...
In the following article, from 2014, I discussed an organization-related issue that limits the overall positive impact the purchasing function can have on company financials. Specifically, the article ...
As the world of corporate governance evolves, so must our perspectives regarding Procurement governance. The role of Chief Procurement Officers (CPO’s) has long transcended traditional purchasing ...