Welcome Thursday, August 28, 2008
Leadership
The importance of procurement is increasing. Over the last few years organisations have seen the rise of the chief procurement officer (CPO) spearheading campaigns to reduce costs, leverage cash cycles and improve governance. With the ever increasing impact of purchasing on a company's bottom line, the need for clear and strong procurement leadership has never been so important.
However, it can be argued that for procurement to truly hold this position it needs an equal footing with stakeholders in boardroom discussions, and until that time arises it will never be held in the same regard as either finance, sales or marketing.
Strong procurement leadership requires high levels of communication and an understanding of supply and demand management within and across the company.
It also requires good judgment, despite the old adage ringing true that good judgment only comes from experience and experience comes from bad judgment.
To develop leaders, companies and individuals need a comprehensive strategy. They have to be able to present an integrated and holistic development package that meets the aspirations of the person involved. People must want to join the winning team and feel confident it has direction into the future.
LEADERSHIP NEWS
- New supply chain chief at Estee-Lauder
Tue, 26 Aug 2008 07:51:00 - Ford opens door to new Asia Pacific procurement chief
Thu, 21 Aug 2008 10:53:41 - New CPO just the tonic for Bristol-Myers
Tue, 19 Aug 2008 07:43:46 - Supply chain and human resources converge at SABMiller
Wed, 06 Aug 2008 07:51:00 - France appoints new defence procurement chief
Tue, 05 Aug 2008 16:04:00
LEADERSHIP ARTICLES
- Vodafone’s trip to Luxembourg
Wed, 27 Aug 2008 14:36:00 - Profile: Rob Hemsley - Full of beans
Wed, 27 Aug 2008 13:44:00 - Profile: Luis Ferreira - Power House
Mon, 16 Jun 2008 14:25:13 - A day of brain storming
Fri, 13 Jun 2008 15:41:09 - Getting on board
Wed, 16 Apr 2008 11:13:23
LEADERSHIP OPINIONS
- Opinion: Whose line is it anyway?
Mon, 16 Jun 2008 15:45:35 - Opinion: Working in perfect harmony
Wed, 06 Sep 2006 14:54:48 - Opinion: Giving software the hard sell
Wed, 01 Feb 2006 21:59:16 - Opinion: Big ideas are not enough
Wed, 01 Feb 2006 21:54:46 - Opinion: Groaning under the paperwork
Thu, 03 Nov 2005 22:21:00
