While the changes have the potential to get China’s economy moving, signs of a surge in the number of infections have stoked fears of major disruption
Jack Torrance
Insights Manager
Joined 2020
Jack is responsible for capturing member success stories and sharing them with the wider community for collective progression. A former business journalist at the Daily Telegraph, his main procurement interests are in sustainability, risk and talent development.
Latest
How procurement is incentivising suppliers on sustainability
Functions are focusing on rewarding improved sustainable performance across the supply chain but have enforcement measures at the ready
Identifying supplier relationship management metrics that will enable a new era of value
SRM and Innovation cohort members are reassessing performance measures so they can demonstrate the value of closer supplier relationships
How procurement teams are developing and implementing sustainability strategies
From securing executive buy-in to supporting suppliers to evolve, two procurement sustainability leads share their expertise
Break the walls down: Enabling collaboration between risk, SRM and sustainability teams
Creating the right structures, enabling collaboration and connecting technology systems, procurement functions can enable closer alignment between risk, sustainability and SRM units
The Mars Global Services approach to transforming indirects into a value generator
The global food company’s indirect function has elevated its capabilities, systems, and corporate culture to drive top-class performance
PMI’s approach to collaborating cross-functionally to transform its new product strategy
Philip Morris International’s procurement team built closer relationships with colleagues in the Product Development, HR, IT, and Quality functions to boost productivity and expand its electronics supply chain
High Speed 2’s approach to building supply chain transparency
The UK’s railway construction project built a new risk methodology to understand the challenges facing its complex supply chain
T-Mobile’s approach to boosting diversity throughout the supply chain
The telecoms company is incentivising buyers and investing in training to support diverse suppliers and employees in the supply chain
AstraZeneca’s approach to expanding its supplier diversity programme internationally
The pharmaceutical company is helping to develop diverse-owned suppliers in eight countries
How procurement at UPS transformed itself from a transactional function to a strategic partner
The global delivery giant’s procurement team has more than tripled spend under management and transformed itself into a profit centre
CBRE and Zurich’s approach to boosting spend with diverse suppliers and social enterprises
Working with clients such as Zurich, CBRE has grown diverse and social enterprise spend by more than threefold in one year
How procurement teams can position their company as a customer of choice
Members of Procurement Leaders’ SRM and innovation cohort shared their perspectives on building mutually beneficial relationships with suppliers
How many ‘strategic’ suppliers is too many strategic suppliers?
By casting their net too wide, procurement teams risk missing out on the potential value of supplier collaboration
Fewer buyers, more specialists: The procurement team of the future
With the demands on procurement changing by the day, the function is reinventing itself and upgrading its capabilities with new skills and job roles
Ukraine crisis: How procurement is responding to surging energy prices
Buyers are moving to secure prices while accelerating green energy initiatives
Ukraine crisis: The scenarios procurement is planning for
The function is taking steps to mitigate soaring prices, supply disruption and long-term geopolitical unrest
Former US ambassador to Nato Kurt Volker: ‘The Ukrainian spirit is not going to die’
The US government’s special representative for Ukraine negotiations between 2017 and 2019 offered members a unique insight into the conflict
Evolution or irrelevance: Procurement is at a crossroads
Faced with the automation of its traditional tasks, procurement must seek new opportunities to add value – or risk fading into irrelevancy. Elevating the function’s capabilities is vital to its continuing advancement
Supply chain hacks: Lessons from leaders who are navigating the supply chain crisis
In a series of calls, Pepsico, Corning and XPO Logistics have revealed how they are reshaping supply chains to remain resilient