What do these have in common? Sourcing is viewed as “Cost Cutters” Little to NO Executive support Complex cultural dynamics No governance in place Political maneuvering Inertia favors status quo Hesitant to give up perceived power BU metrics different from Procurement Narrowly focused decision making Process changes Organizational…
I assume you read the title and were intrigued enough to read on . . . . . . As you know we have had a quite a bit of interest (that’s an understatement 😊!) in this series on “Do You Know the Difference between Strategic Sourcing &…
As the debate rages on about the Difference Between Strategic Sourcing and Category Management, the one element that is insurmountable if you don’t have it, is Leadership! Without a leader that has the vision to move your organization toward Category Management – you are never going to get…
This past Tuesday, we met with a group of CPOs as part of PERT (Procurement / Supply Executive Round Table) and the topic was “How to Maximize Value through Relationships (Internal and External) and Governance”. The discussion focused on the journey from Strategic Sourcing to Category Management and…
If you think the title refers to money, think again! Companies spend millions / billions of dollars a year on managing their balance sheet as if money was their scarcest resource. In a recent HBR article “What if Companies Managed People as Carefully as They Manage Money?” the…
