Procurement teams are putting in place the right capabilities to match stakeholders’ increasing thirst for information
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
Beiersdorf’s approach to implementing a “one source of truth” data platform
The FMCG company was able to substantially streamline the process both of maintaining and accessing data for its procurement team
Procurement Salary Survey 2023
With many procurement professionals seeking better pay and opportunities, CPOs must take action to mitigate significant retention risks
The Kraft Heinz Company: Heinz Mayo Mousse
Heinz Mayo Mousse offers the Heinz Mayo taste in a disruptive new texture, using an innovative aluminium aerosol can
UPM: Creating recycled labels from ocean-bound plastic
The label material producer worked with suppliers in several tiers of its supply chain to develop the world’s first label from ocean-bound plastics
BP: Developing a sustainable anti-corrosion solution
A joint initiative between procurement, internal stakeholders and suppliers delivered a new compound to prevent the oil and gas company’s facilities from corroding
Cargill: Using enzymes to increase edible oil yields
A solution from a supplier has enabled the consumer goods company to improve both oil yields and sustainability performance
Givaudan: New sources of vetiver
The flavourings company worked with a longstanding supplier to establish a new source of vetiver – an ingredient that can be hard to cultivate
Electrolux: Comfortlift dishwasher tray
The Comfortlift enables Electrolux dishwasher users to easily raise the appliance’s lower tray, making it more comfortable to use
‘The why is the starting point’: CPOs reveal their approaches to automation
From bots to ChatGPT, members of Procurement Leaders’ CPO community share how they are leveraging artificial intelligence to transform their functions
Jim Townsend: ‘Procurement will enter a new space in terms of influence’
The former Walgreens Boots Alliance CPO shares his thoughts on how the function can remain strategically relevant
How category managers are seizing cost-avoidance opportunities
With persistent high inflation making savings increasingly challenging to deliver, avoiding unnecessary cost increases is a growing priority
Energy crisis: Why the worst could be yet to come
With China re-opening and extreme weather threatening energy production, procurement needs to be prepared
Nine things we’ve learned so far from procurement’s response to the polycrisis
From geopolitical tension to soaring energy costs and staff shortages, the challenges faced by businesses in recent months have been complex and interlinked, and procurement has a key to role to...
Procurement can’t afford to be complacent about cyberattacks
With the risk of attacks and their potential impact continuing to grow, digital procurement leaders must ensure their teams are prepared
How worried should the procurement world be about the relaxation of China’s Covid rules?
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
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