by omniadmin | Jan 11, 2018 | General
Disruptive talent shortages are being experienced by a number of industries. We often think of data sciences and healthcare as prime examples. However, procurement is an industry that is already seeing a noticeable shortage of skilled and experienced talent. The...
by omniadmin | Dec 14, 2017 | General
The procurement industry is in a constant state of flux. Since the Financial Crisis of 2008, changes have occurred at an unprecedented rate. With an ever-increasing adoption of technology into the industry, the changes have accelerated and Chief procurement officers...
by omniadmin | Nov 20, 2017 | General
Blockchain as a potentially paradigm-shifting concept has been investigated and debated for a number of years, but only recently are we seeing this concept being put into action. When procurement and supply chain management are concerned, this year has already been...
by omniadmin | Nov 9, 2017 | General
Almost all procurement done by an organization happens in stages that make up the procurement lifecycle. Identifying these stages is an important step as it provides a formalized way to analyze the procurement process, discover any weaknesses in it and help formulate...
by omniadmin | Nov 2, 2017 | General
Procurement Outsourcing, the process of outsourcing a company’s procurement processes to an outside partner, is a US$2.4 billion dollar market. According to Everest Group’s 2017 Procurement Outsourcing Annual report, the growth of the procurement outsourcing market in...
by omniadmin | Oct 19, 2017 | General
Chief procurement officers will agree on very little. Their individual experiences in the industry have influenced their opinions and they all have their own ways of doing things. That being said, there is one thing they will all agree on – the main goal of a CPO is...
