What are the 3 most important things to the future of procurement?
In this article, we share how procurement must refocus.
Blog
Redefining Procurement In The Post-Pandemic World And The New Age Of The Introvert
Many introverts have thrived with remote working. But as we move towards a return to normal, we may no longer have the safety barrier of distance working. For procurement’s introverts, are we ready to move from the cosey confines of our introverted-ness to become extroverts in a world that now sees us and our value?
How Business Spend Management Can Drive Financial and ESG Impact for Your Organization
Donna Wilczek Companies today are held accountable to more than financial success. We see greater importance on diversity, equity, and inclusion (DEI) in the workplace; environmental, social, and corporate governance (ESG) initiatives to become a carbon neutral or carbon negative business; and intense evaluations over fair labor in particular to the supply chain, to name […]
Is Expertise Unique or Can It Be Machine-Scaled?
Despite a solid case for a standardized numerical approach to proposal evaluations, not everyone is sold on using machine logic alone. And even though technology can free us from the mundane tasks of our daily duties, it doesn’t mean that we should turn our backs on such activities. Instead, people and machines should work together by leveraging each other’s strengths.
Pogo Procurement: We Have Met The Enemy, and It Is Us!
The greatest threat to procurement and businesses, in general, is a lack of agility. Why do we place so much emphasis on agility? With only 4% of supply chains being “future-ready,” it seems to indicate that procurement and supply chains are not agile in their response to changing market conditions. So how can we improve our state of readiness? Let us know what you think in the comments.
Crossing the great “ism” expanse in procurement
For anyone who has worked in procurement, it’s likely that you’ve come across some type of discrimination.
We can all acknowledge and agree that any “ism” be it sexism, racism, or ageism, are challenges we must address. But recognizing a problem and determining that something needs to be done is not enough.
Future-Chain—The Bold Face of Risk Management in Five Years
As with any evolution, a species must adapt to survive. For businesses (of any kind) in the next five years, adaptation will require the adoption of bold, proactive, and cross-team risk management tactics underpinned by technology. Technology that will magnify—without diluting—critical and timely information.
Sustainability in Supply Chain
When it comes to striving for more sustainable norms and values within our business operations and across supply chains, organizations need to ensure that all elements of their value chain are united in their intention to match global initiatives and expectations in the fight against environmental damage.