Collect feedback so as to suit the type of stakeholder, the lines of enquiry and how the team will use the feedback to support the stakeholder management strategy
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Collect feedback so as to suit the type of stakeholder, the lines of enquiry and how the team will use the feedback to support the stakeholder management strategy
As restrictions on the movement of people and goods ease, functions must begin to embrace the ‘new norm’, as the way they operate and the way the rest of the organisation perceives them continues to shift
Procurement teams must be prepared to overhaul their strategies and processes if they wish to deliver agility and the innovations to help businesses overcome disruptions
The procurement team at one energy company implemented an AI tool that transformed its ability to classify spend accurately and analyse spend to inform decision-making
Facilities management has been highly impacted by government regulations compelling employees to work from home and facilities to be hygienic for essential workers.
Procurement Leaders hosted a virtual roundtable which discussed the next era of business travel spend.
Procurement Leaders hosted a virtual roundtable which discussed the next era of business travel spend
Procurement executives consider the ’new norm’ or the ’new next’ for the function as it responds to Covid-19 and how teams can add value by supporting business continuity, innovation and a healthy bottom line
The procurement team at one energy company implemented an AI tool that transformed its ability to classify spend accurately and analyse spend to inform decision-making
This session looks at the ways procurement teams can accelerate their risk management programmes during a time of crisis and how functions can best respond to immediate risks in the supply base
This session looks at the ways in which procurement teams can support businesses in a crisis by adopting agile innovation
Procurement Leaders hosted a Virtual Roundtable on how to define effective stakeholder engagement, and how to measure and report on the its’ effectiveness.
Procurement and supply chain management will be central to delivering successful outcomes from the Covid-19 crisis but, more than any other function, teams will need to step up and embrace agile innovation
Developments in machine learning technology are enabling procurement teams to solve complex and ambiguous problems, find efficiencies and reduce process frustrations
Teams are only just starting to scratch the surface of the value that will come from making the most of data and holistically transforming the function to drive value beyond savings
Procurement Leaders’ predictions of key trends that will shape the commercial world and the way leading procurement executives will adapt to take advantage of the opportunities
Identifying the root cause of a risk event provides information on the organisation’s vulnerabilities and the factors that trigger a loss. This allows the business to start to quantify and explicate disruptions
Although CPOs recognise the need for change, the annual planning process demonstrates leaders can do more to push the boundaries of what procurement can achieve
While businesses that invest in risk management have already demonstrated a return on investment, functions that fail to prioritise risk may be exposing the organisation to even greater risks
Leading procurement functions are harnessing innovative technology to look at risk management in innovative ways and add value to the business. However, teams’ processes and governance must first reach a certain level of maturity