Blog / Justin Sadler-Smith
Blog/
Lessons For Procurement Teams: We Should Be Serving Our Customers, Not Our Processes
How can procurement teams serve their organisations better? Being a procurement professional can be challenging. The role requires individuals to vet contracts, pricing and supplier relationships. But the bigger picture is that procurement should be the eyes and the ears of the organisation when it comes to how much money is being spent. Procurement teams … Continue reading Lessons For Procurement Teams: We Should Be Serving Our Customers, Not Our Processes
Rise Of The Procurement Ecosystem
Why is an ecosystem approach better than an end-to-end source-to-settle (S2S) suite in procurement and buying? Digitisation of procurement and sourcing is in full swing. And the applications that provide these services are booming. But these vendors typically offer full end-to-end source-to-settle (S2S) suites, with only part of their solution dedicated to procurement and sourcing. In … Continue reading Rise Of The Procurement Ecosystem
How To Seize The Opportunities and Manage The Risks
Where supply chains are already complex, increased visibility throughout the supply chain and closer monitoring of risk are becoming more common… In 1992, Yoshihiro Francis Fukuyama, the American political scientist and author, published the much-praised The End of History and the Last Man, which suggested that the spread of liberal democracy and free-market capitalism meant that … Continue reading How To Seize The Opportunities and Manage The Risks
Procurement Pros – What’s Your Legacy?
Procurement leaders are starting to use the phenomenal buying power of their organisations to address big social challenges. What legacy do you want to leave? In the old days, procurement was focused on two things: minimising costs and risk. Purpose should be a pivotal part of every organisation’s business strategy. Being purpose-focused is essential to … Continue reading Procurement Pros – What’s Your Legacy?