On this virtual roundtable, a cross-industry group of procurement executives came together to discuss how they were preparing their supply chains for Brexit.
Tim Burt
Customer Insights Manager
Joined 2011
Tim joined Procurement Leaders product team in 2011 after a three-year stint in political research. As a writer, deputy editor and editor of the Procurement Leaders magazine, he has interviewed some of the leading thinkers within the function and written extensively on risk management, sustainability and supplier management as well as a number of the trends that are shaping the function IN the 21st century. Now customer insights manager, his role is to bring the procurement community to life by showcasing the projects and initiatives that are driving the function forward.
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CPO call summary: How functions are working to right-size themselves
After a year of disruption procurement chiefs from across the industry spectrum came together to discuss the changes they are making to the size and focus of their functions as they look to seize the opportunities that lie ahead
A chemical company’s approach to stamping out the use of child labour in the supply chain
Globally, some 152 million children are caught up in forced labour, which represents a blight on procurement and supply chain operations. An investigation found child labour in use deep in this company’s supply chain, which it was determined to stamp out
Preparing for Brexit – How procurement functions are readying their supply chains for what is to come
With the UK and European Union (EU) negotiations continuing but with December 31, when the UK leaves the EU, coming around quickly, this Virtual Roundtable examined how procurement functions were preparing their supply chains for a ‘no deal’ outcome.
A multinational telecommunication company’s approach to building a supplier financial risk dashboard in collaboration with finance
The procurement team at this telecommunications firm wanted to more effectively monitor the financial health of its suppliers so engaged the finance team to build and in-house solution
A global personal health company’s approach to annual supplier engagement
Building a supplier engagement playbook, this health organisation was able to engage with the right suppliers on the right issues at the right time to improve performance, find value and deliver savings
Trends Report 2021: From crisis to positive growth
As we move towards and into 2021, procurement’s successes in 2020 will enable CPOs to help drive the positive growth agenda that will be the C-suite’s central focus
Building the circular economy
With sustainability rising up the corporate agenda, many procurement functions are looking at how they can drive initiatives forward. One such initiative is the development of circular supply loops, which are essential to reusing critical materials
Developing and nurturing a diverse team
After recent protests and controversy put diversity firmly in the spotlight, procurement chiefs are looking at how they can make further advances around building more inclusive teams with efforts focusing on recruitment and cultural aspects
UCB – Restructuring the team to deliver long-term value
When reviewing how procurement was aligning with and contributing UCB’s strategic goals, the reimagined what a future-proof function should look like
Fidelidade’s approach to running supplier financial risk analysis without making a significant investment in tools
With the need to find a quick solution to tracking the financial health of its suppliers, the procurement team at this insurance firm created a blended approach of direct communication backed up by some tools it already utilised
Category management: Incorporating agile thinking into your category management
In this constantly changing world, CPOs face growing pressure to rapidly adapt to new demands from their organisations and shifts in the markets they operate in. By taking steps to make their...
Roche – Developing a hackathon to accelerate the digitalisation of procurement
Underpinning everything Roche does is the aim of delivering more medical solutions to patients faster. Aligning with this purpose, procurement developed a new initiative to engage and up-skill the team as well as embed new digital technologies into its operations
CPO call summary: Building global supplier diversity programmes
As the world focuses on diversity and inclusion, procurement chiefs are looking at ways to develop existing programmes deliver even more value for the communities they serve
An automotive company’s approach to supplier performance management
To bring supplier performance up to a consistent level and find new opportunities for collaboration, this procurement function designed a new process for scoring and developing suppliers
Discovery Inc. – How procurement ran an agile implementation of a new spend analytics tool
The global media company rolls out a new spend analytics tool in 12 weeks delivering quick savings and deeper insights into spend right across the business.
Siemens – Building a digital companion for procurement
When Siemens challenged its employees to suggest ideas that would drive digitalisation forward, the procurement team developed a companion powered by artificial intelligence
A telecommunication company’s approach to third-party risk management
With a board-level focus on mitigating risk throughout the business, procurement established new processes, systems and a supplier segmentation model to manage threats proactively
The community’s approach to internal communication during a crisis
Deciding what to communicate, who to inform and the frequency with which updates are communicated are three essential tasks for procurement functions during any major disruption
Siemens – Building and rolling out a supplier innovation platform
To find innovations in business-critical areas, Siemens’ procurement team built an online portal to enable ideas to flow throughout the company The challenge If procurement is to deliver value...