Blog / Diego De la Garza
Blog/
Defining Procurement 100%
Organic, original, challenging and aspirational – is this what procurement means to you? Maybe it should. In a recent conversation with a business partner where we discussed all-things procurement, a new notion came to mind. The more we talked about it, the more it resonated and the more tangible it became. The concept, as simple … Continue reading Defining Procurement 100%
The Truth? Technology Might Make Your Supply Chain More Resilient
Technology will only make a difference in supply chain management if it’s tailored directly to your company’s needs. Let’s get this straight: technology can’t fix everything. There’s no magic wand to solve every supply chain problem. But technology can make your processes better. That means more time, money, efficiency, happy customers, and happy bosses. And … Continue reading The Truth? Technology Might Make Your Supply Chain More Resilient
How to Set a Procurement Strategy Part 2: What You Should Be Doing
How do you set a strategy for your procurement function? Discover what to actually do. How many times have you heard the word ‘procurement strategy’ throughout your career? Hundreds, if not thousands? And how many times have you seen one created and executed brilliantly? Hmm. In 2020, especially after this year’s crisis, we all know … Continue reading How to Set a Procurement Strategy Part 2: What You Should Be Doing
How To Set A Procurement Strategy Part 1: What You’re Currently Doing Wrong
How do you set a strategy for your procurement function? Discover what not to do. In 2020, we’re all au fait with the word ‘strategic.’ Procurement needs to be strategic, metaphorically yells every advice piece we read. What’s the strategy behind that, what’s your function’s strategy, what’s the strategy this year? Exclaim C-suite executives we … Continue reading How To Set A Procurement Strategy Part 1: What You’re Currently Doing Wrong
You Ask All Your Suppliers For A 5% Discount. What Can Possibly Go Wrong?!
What does best practice supplier relationship management look like? Not like this… With sales at her company in freefall due to the Covid-19 crisis, the pressure was on for Sally’s* procurement team to reduce costs. In a desperate pitch to do what she could, Sally decided to issue a letter to all suppliers, asking for … Continue reading You Ask All Your Suppliers For A 5% Discount. What Can Possibly Go Wrong?!
Spend Analysis Is A Secret Weapon
Spend Analysis can help build a roadmap on category sourcing and capture savings. I firmly believe that spend analysis is probably the simplest yet smartest exercise a procurement department can conduct. And I’m not talking about leveraging a spend cube technology and running a GL file to get some rapid classification, albeit, that is the … Continue reading Spend Analysis Is A Secret Weapon
Dollars and Sense: What are we Really Saving?
It might have started with dollars and cents, but what should procurement really be saving now? It’s time to shift the dial. For years, procurement was stuck in the old ways of doing business. It was the role of the profession to beat down suppliers and the only consideration was cost, but the proponents of … Continue reading Dollars and Sense: What are we Really Saving?
Procurement Can…Save the World
Procurement can do much more than it’s already doing when it comes to sustainability. And together we really can save the world… Historically, Procurement’s mandate has involved cutting costs and little else. The reputation for barking orders and slashing spend has led to more than a little resentment within certain organisations. Business units are often … Continue reading Procurement Can…Save the World
Procurement Can . . .
To focus on savings alone is to sell procurement short and miss out on its potentially game-changing capabilities. A good procurement team can save your business money. This goes without saying. Savings are for procurement what risk mitigation is for legal, innovation is for R&D, and new business is for sales. They’re table stakes, just … Continue reading Procurement Can . . .