Entries in Supply Chain Management (81)
Procurement outsourcing and the public-sector deficit
Louisa Boyle
in Outsourcing, Procurement Outsourcing, Services Procurement, Supplier Relationship Management, Supply Chain Management
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It’s no secret that UK public-sector spending is big news. With a newly elected government announcing plans to cut spending by £6bn, the debate has been raging ever since over the effectiveness and role of procurement and procurement outsourcing in achieving the targets.
Last week's most popular stories
David Rae
in Corporate Social Responsibility (CSR), Global Sourcing, Governance, Leadership, Procurement News, Risk Management, Supplier Relationship Management, Supply Chain Management
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Were you away last week? Or a bit pressed and didn't have time to keep an eye on developments? Well, fear not - here's a roundup of last week's most popular stories on ProcurementLeaders.com.
The Friday Digest: Commodities, risk and general business
David Rae
in Risk Management, Supply Chain Management, Talent Management, Value Creation
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Good quality commodity management has allowed Starbucks to absorb a surge in prices for coffee, which amounts to four cents a share - evidence, if ever it was needed, that good commodity-price management can provide key competitive advantage.
The Friday Digest: Public vs private and a double-dip threat
David Rae
in Global Sourcing, Procurement News, Strategic Sourcing, Supply Chain Management
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Will this week go down in history as the week that the UK public sector finally sorted out its procurement?
The Big Debate: Supply chains are too cautious during recovery
Steve Hall
in Risk Management, Supply Chain Management
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The last few months many companies have stayed carefully in the economic slow lane, checking their mirrors, watching their fuel gauge and eyeing the economy ahead warily. And it’s starting to show. You can understand hesitancy after one of the deepest recessions in living memory, but at some point, is it a detrimental mindset?
Bank of England report to fast track supply chain finance?
David Rae
in Supply Chain Management, Technology
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By now we all know about the challenges faced by many companies in finding credit in what has been a largely illiquid market environment - especially true for smaller suppliers to large corporates. Banks have not been lending and the global economy has suffered as a result.
Aerospace turns its attention to supply chain
Steve Hall
in Strategic Sourcing, Supply Chain Management
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A couple of days ago I spoke with Janice Davis, CPO of Bombardier Aerospace, one of the world’s largest aircraft manufacturers, and she noted that: “We need to privilege the quality and depth of the relationship with fewer, more strategic suppliers”. In the UK, this week features the Farnborough Airshow and with it, plenty of similar talk of how aircraft manufacturers are planning to make big changes in their supply chains.
The Big Debate: There’s a place for extending payment terms
Steve Hall
in Corporate Social Responsibility (CSR), Supplier Relationship Management, Supply Chain Management
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That little note that arrives in a supplier’s in-tray saying ‘by the way, we’re now going to take 90 days to pay you rather than 30’ can have some pretty dire effects, and there’s no secret in that. But there can be some strong feelings and unwelcome headlines evoked and that’s exactly why an open debate is rarely had.
Unilever and the thorny issue of payment terms
Steve Hall
in Supplier Relationship Management, Supply Chain Management
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The Financial Mail recently put together a fairly scathing view of Unilever’s reported decision to extend payment terms with some of its suppliers. Since Unilever is among that select band of companies that have a huge influence on the behaviour of the rest of their sector, it’s worth considering what its actions towards its suppliers mean.
There’s no easy way to get recognition from the top
Steve Hall
in Leadership, Supply Chain Management
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Having just got off the phone from a conversation with Reuben Slone, EVP of Supply chain at Office Max, I’ve had a few moments to reflect on something that frequently nags when speaking to these bold, ambitious executives. Namely, what do procurement and supply chain executives have to do to get board and shareholder recognition?
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