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
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.
Latest
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
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...
J&J Medical Devices – Developing a new supplier bidding platform to drive innovation and growth
With low volumes of innovation coming through from the supply chain and a strategic plan to tap into new markets, the procurement team at J&J Medical Devices developed a new supplier platform to...
CBRE’s approach to data-led supplier selection
Commercial real-estate business CBRE acquired a facilities management technology that would enable the company to better serve its broader customer base in terms of supplier selections through a data analytics approach
An industrial equipment supplier’s approach to optimising working capital
A global assessment revealed working capital optimisation opportunities that the company tracked through a business-wide dashboard
Danske Bank’s approach to re-mapping procurement capabilities for business alignment
With a range of disruptive forces shaping the financial services industry, the bank's procurement team focused on how it could develop the right skills and competencies to create business partners...
Coronavirus: How procurement is preparing to build trusted ecosystems within its supply base
Over the last few years, procurement functions have been building closer relationships with suppliers. From supplier-enabled innovation programmes to closer alignment, there has been a purposeful...
Reviewing SRM practices post-Covid-19
Procurement Leaders gathered together procurement professionals to explore how procurement functions are having to adapt during Covid-19 and review the way they have been managing suppliers
Coronavirus: How procurement is preparing to re-engineer supply chains with resilience as the number one priority
Given the increased focus on risk management, procurement chiefs are looking to build more resilient supply chains over the coming months. The focus of these efforts will be on broadening out partnerships across ecosyetems as well as localising souring networks
Coronavirus: Thinking through ‘what-if’ scenarios
As lockdown measures ease and the world economy slowly begins to kick back into gear, procurement chiefs are turning their thoughts to the scenarios that could play out over the coming weeks and months, from the virus never going away to fundamental changes to energy demands
React & interact: Managing the now and thinking through the next
Covid-19 has not only caused widespread immediate disruption to supply chains, but it is also threatening to upend entire industries, making businesses rethink the ways they have operated for years....
Coronavirus: How procurement is protecting, reviewing and rebuilding supply chains
With the financial strain ramping up across supply chains, procurement functions have rolled out a number of support mechanisms for suppliers but is also establishing a wide range of resiliency measures to protect the business
Coronavirus: The ways in which procurement teams are innovating around the crisis
Leaning on the skills and experiences developed while building supplier-enabled innovation programmes, procurement functions have been able to quickly bring new solutions to specific challenges brought by the coronavirus
Coronavirus: How procurement teams are successfully sourcing PPE
Discover the steps functions are taking to tackle critical personal protective equipment challenges while finding new, reliable and trustworthy sources of supply
Coronavirus: How CPOs are protecting the business
As Covid-19 rages throughout the world, the CPO community has come together to share best practice ensuring the business deals with any immediate disruption and seizing the opportunities it presents
Shared growth the focus at J&J Medical Devices supplier day
Johnson and Johnson’s Medical Devices unit held a supplier day in its New Jersey HQ and Procurement Leaders was there to hear the company’s thoughts on the future of robotics and advanced medical processes
Coronavirus: The short, medium and long-term considerations
As coronavirus disrupted global supply chains, Procurement Leaders spoke with members to get a better sense of the current situation and the steps teams are taking to mitigate its effects over the long-term
Coronavirus: An update from the procurement community
Procurement Leaders has brought together the community to discuss the ongoing disruption caused by Covid-19 (coronavirus). From logistics issues to challenges sourcing facemasks, we hear what is happening on the ground
Collaborating with startups: Four challenges, four solutions
If procurement professionals want to introduce startups into their supply chain and foster innovation, they need to fix these three things