As far as creativity in procurement strategy is concerned, the sky is the limit. We have calculated 2,87 x 10^67 possible situations leading to a unique category strategy.
From a historical perspective, I can understand why Sourcing was labeled Strategic. “Strategic Sourcing” is today a part of Procurement’s DNA. Hard to neglect and yet not entirely correct.
It is difficult to accept a change – still, the political order we were used to is out of balance. Unleashed East-West conflict is here to stay at all levels and dimensions of our personal and professional lives.
For years now, company buyers and their suppliers end every business year with a traditional dance.
I’m a great proponent of advanced digitalization within the procurement function. Paired with strategic planning and adequate hiring practices, it’s a combination that is a real game changer for any company.
Following the publications on digital future in business, many authors suggest that soon we should have more time for strategy development and implementation. Digitization
Following the publications on digital future in business, many authors suggest that soon we should have more time for strategy development and implementation.
It’s time to go through an essential piece of the sourcing puzzle, one that is long forgotten, yet very beneficial.
When it comes to procurement, managing directors are often overwhelmed with a lot of concepts, suggestions, and quick win opportunities.
People say riding a bike is something you never forget. But what if you learned to ride a bike in such a way that you keep trying to go backwards while braking all the time?
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