- 29
- OCT
Procurement failing to set the benchmark
Author: Sofia Santarelli - Categories: Benchmarking
Back in 2008 research by the Procurement Leaders Network revealed that as many as 95% of CPOs would welcome an independent benchmarking tool – a staggeringly high figure which illustrates not only the importance of benchmarking as a means of measuring and delivering results, but also the frustration that exists in the wider procurement community. more
- 16
- OCT
Supply chain finance: Three’s company
Author: Mark Perera - Categories: Supply Chain Finance
Seen as a win-win-win trade finance solution that can solve your working capital problems as well as shore up your supply base, is supply chain finance the real deal? more
- 08
- OCT
Best practice for best price: The category management techniques that count
Author: Kevin Monahan - Categories: Benchmarking
The Procurement Intelligence Unit (PIU) today launched its 'Cost Mastery' benchmarking study – research that, we hope, will enable procurement organisations across the world to identify the behaviours and practices adopted by the top performers when it comes to the indirect spend categories that really matter. more
- 07
- OCT
Don't leave it to chance - Procurement Intelligence
Author: Mark Perera - Categories: Procurement Intelligence
In times of economic uncertainty, market intelligence gathering and forecasting are essential to formulate effective, future-proof buying strategies. Without them, procurement executives and their companies could be taking an unnecessary gamble. more
- 06
- OCT
Companies at risk if country intelligence falls short
Author: Michelle Perkins - Categories: Country Risk, Global Sourcing, Procurement Intelligence
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You only have to look at the recent disasters in the Philippines, Indonesia and Vietnam – three of Asia's fastest growing economies – to appreciate the risks that global sourcing can bring. At the tail end of last month a series of ferocious monsoons swept across the Pacific Ocean and into the South China Sea, causing almost unprecedented flooding. Just days later, a huge earthquake hit the Indonesian island of Sumatra, a country still rebuilding after the 2004 Asian tsunami. more