Winter 2010-11
Stars of tomorrow
By Helen Gilbert
Is
procurement ‘sexy’ enough for the best new talent? When not all
companies can afford lavish staff benefits, retaining staff can also be a
problem. The solution lies in selling the industry as a long-term
career choice.
Interview: Richard Porcaro - Banking on recovery
By Rima Evans
Richard
Porcaro, head of procurement Americas at UBS, explains how procurement
has played a key part in the recovery of the bank after the global
recession.
Testing times
By Rima Evans
The
recession may officially be over, but the latest evidence shows that
procurement professionals have been experimenting to counteract its
effects.
Make your move
By Nick Martindale
As
the global economic outlook begins to improve, many procurement
professionals are planning their next move. It pays to do your homework –
wherever that next position might be.
A meeting of the minds
By Eric Walsworth & David Yungbluth
The
communication mismatch between procurement and finance continues to
hinder their relationship. But if the gap is ever to be bridged, they
need to establish a common language.
What's in a name?
By Tom Lawrence
Procurement
has come a long way in the past 20 years, but the journey is far from
complete. As it heads down the path to success, could its name run the
risk of throwing it off track?
The world in 2011
By Rima Evans
Procurement
professionals may have found 2010 testing but the past 12 months have
also seen businesses prepare for recovery, albeit cautiously. So what
does 2011 hold for procurement? We asked CPOs worldwide for their
predictions.
Make progress without alienating people
By Carly Chynoweth
Negative office politics can be detrimental to an organisation, yet using similar people skills and being aware of informal power structures is essential to being a good political tactician and influencing strategy in a positive way.
Executive debate: Cuts from the centre
CPO
Agenda’s latest roundtable saw a group of senior executives discussing
the thorny questions of public sector spend and savings measurement.
How does your procurement team measure up?
CPO Agenda and KPMG are launching a major benchmarking exercise – the results of which we hope will become a global standard for every procurement function’s measurement of excellence.
Web exclusives
Reap what you sow in low-cost countries
By Andreas Gocke, Nikolaus Lang, David Lee, Stefan Mauerer
Supplier
development programmes in low-cost locations can be regarded as costly
and time consuming. But the investment can reap huge dividends –
improving productivity, quality, innovation and reducing costs and
price. Authors from the Boston Consulting Group offer tips for success.
Keeping the value in energy
By Dennis Cassidy and Paul Yates Energy
companies were successful in delivering substantial savings last year on
the back of deflated oil and natural gas prices. But what are the
challenges for 2011 as commodity prices and other costs begin to bite?
Technology creates ever-changing leadership challengesCompanies lack sufficient leadership skills – including from CPOs – to cope with new complex challenges born out of the digital age, executives have said in a study.
Procurement success is a two-way streetBetter communication with suppliers and stakeholders can lead to improved business performance, argues James Jenkinson