Discussions | Accelerating Innovation in Procurement Practice

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Feb 10, 2021
Supply chain
Procurement

What can you learn from reviewing past work like a complex procurement project or supplier relationship and applying current ideas methods and technologies?

Answered by 5 members

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I am trying to understand and gather real life instances of procurement is moving from a transactional, cost savings-focused function, to a real value adding strategic partner to the business.

We in procurement talk about this transition a lot and I've spoken to some CPOs where this is actually happening. But my gut feeling is that there's a lot more talk than action.

I know of one company that has ditched cost savings completely as an annual target for its CMs preferring instead to measure their value added. So my question is how widespread is this thinking? Are cost savings still themain measurement of procurement value?

Answered by 6 members

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Is CIPS keeping up with our Procurement professionals demands in the ever changing landscape?

If you are currently studying CIPS - is the content up to date?
If you already have your CIPS qualification and now work in the profession - what could be added to the qualification which you didn't have before?

Answered by 3 members

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I'm curious to find out what other methods of Procurement and supply chain education there are besides CIPS?

Do you know any other courses?
Please let me know as I'd love to find out more about the ones you've all done?

Answered by 2 members

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Software procurement - best practices, please share a case study

Answered by 2 members

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What's New?

I was discussing digital and AI procurement and a colleague of mine said they were worried about the implications it will have on our day to day roll.

will there be enough work for us?
how will we work with AI and digital tools?
is this an enabler or inhibitor?

Answered by 1 member

Answer this question

Feb 27, 2021
Procurement
Supply chain

What are the effects of fast Fashion in relation to supply chain sustainability with big brands. For example, recently controversial news article on Boohoo's supply chain issues?

- Do you agree/disagree with fast Fashion?
- What is your opinion of the Boohoo scandal?

Answered by 1 member

Answer this question

Feb 10, 2021
Supply chain
Procurement

What can you learn from reviewing past work like a complex procurement project or supplier relationship and applying current ideas methods and technologies?

Answered by 5 members

Answer this question

Are organisations ready to embrace digital disruption? What is the strategy to be adapted by procurement leaders on this front?

Answered by 3 members

Answer this question

what are the best possible ROI to be considered while selecting P2P software's?

Any lead?

Answered by 2 members

Answer this question

Unanswered

Are the companies ready for the Post-pandemic challenges? How will they make their supply chain more resilient without loosing competitiveness?
@Dr. Rohit https://hbr.org/2020/09/global-supply-chains-in-a-post-pandemic-world#

Be the first to answer.

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May 6, 2021
Procurement

We need a template of the Evaluation Report for Selection Individual Consultant.

Be the first to answer.

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Analytics Digitization

Be the first to answer.

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Companies implement SCF because of Working Capital optimization, Supplier liquidity needs, SRM, Supply chain stability improvement, cost reductions, and Optimize corporate finance (incl. Asset financing).
My special thanks to the Procurement League for giving me this opportunity.

Be the first to answer.

Answer this question

"PROCON Online Forum 2021"
· The evolution of Procurement & SCM. Challenges, Motivations, and transformation into Digitalization by the adoption of Industry 4.0 Technology.

Thank you for this great opportunity OptiBuy & Procurement League Team.

Be the first to answer.

Answer this question

Feb 10, 2021
Supply chain
Procurement

What can you learn from reviewing past work like a complex procurement project or supplier relationship and applying current ideas methods and technologies?

Answered by 5 members

Answer this question

I am trying to understand and gather real life instances of procurement is moving from a transactional, cost savings-focused function, to a real value adding strategic partner to the business.

We in procurement talk about this transition a lot and I've spoken to some CPOs where this is actually happening. But my gut feeling is that there's a lot more talk than action.

I know of one company that has ditched cost savings completely as an annual target for its CMs preferring instead to measure their value added. So my question is how widespread is this thinking? Are cost savings still themain measurement of procurement value?

Answered by 6 members

Answer this question

Is CIPS keeping up with our Procurement professionals demands in the ever changing landscape?

If you are currently studying CIPS - is the content up to date?
If you already have your CIPS qualification and now work in the profession - what could be added to the qualification which you didn't have before?

Answered by 3 members

Answer this question

I'm curious to find out what other methods of Procurement and supply chain education there are besides CIPS?

Do you know any other courses?
Please let me know as I'd love to find out more about the ones you've all done?

Answered by 2 members

Answer this question

Software procurement - best practices, please share a case study

Answered by 2 members

Answer this question

I was discussing digital and AI procurement and a colleague of mine said they were worried about the implications it will have on our day to day roll.

will there be enough work for us?
how will we work with AI and digital tools?
is this an enabler or inhibitor?

Answered by 1 member

Answer this question

Feb 27, 2021
Procurement
Supply chain

What are the effects of fast Fashion in relation to supply chain sustainability with big brands. For example, recently controversial news article on Boohoo's supply chain issues?

- Do you agree/disagree with fast Fashion?
- What is your opinion of the Boohoo scandal?

Answered by 1 member

Answer this question

Feb 10, 2021
Supply chain
Procurement

What can you learn from reviewing past work like a complex procurement project or supplier relationship and applying current ideas methods and technologies?

Answered by 5 members

Answer this question

Are organisations ready to embrace digital disruption? What is the strategy to be adapted by procurement leaders on this front?

Answered by 3 members

Answer this question

what are the best possible ROI to be considered while selecting P2P software's?

Any lead?

Answered by 2 members

Answer this question

Are the companies ready for the Post-pandemic challenges? How will they make their supply chain more resilient without loosing competitiveness?
@Dr. Rohit https://hbr.org/2020/09/global-supply-chains-in-a-post-pandemic-world#

Be the first to answer.

Answer this question

May 6, 2021
Procurement

We need a template of the Evaluation Report for Selection Individual Consultant.

Be the first to answer.

Answer this question

Analytics Digitization

Be the first to answer.

Answer this question

Companies implement SCF because of Working Capital optimization, Supplier liquidity needs, SRM, Supply chain stability improvement, cost reductions, and Optimize corporate finance (incl. Asset financing).
My special thanks to the Procurement League for giving me this opportunity.

Be the first to answer.

Answer this question

"PROCON Online Forum 2021"
· The evolution of Procurement & SCM. Challenges, Motivations, and transformation into Digitalization by the adoption of Industry 4.0 Technology.

Thank you for this great opportunity OptiBuy & Procurement League Team.

Be the first to answer.

Answer this question

Top Contributors

Members who have contributed the most

Pauline King
29

Sanjay Bahuguna
19

Naureen Shabnam
9

C R
Courtney Rowlands
8

Arvind Sai Kumar A
5

Recent Contributors

Members who have contributed the most recently

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Hariharan Laxminarayan
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Brad Fujii
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Nutan Bala
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Let's together prepare the next generation of Procurement & Supply Chain Professionals

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Verallis finds an average savings of 22%

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Companies implement SCF because of Working Capital optimization, Supplier liquidity needs, SRM, Supply chain stability improvement, cost reductions, and Optimize corporate finance (incl. Asset financing).My special thanks to the Procurement League for giving me this opportunity.

"PROCON Online Forum 2021"· The evolution of Procurement & SCM. Challenges, Motivations, and transformation into Digitalization by the adoption of Industry 4.0 Technology. Thank you for this great opportunity OptiBuy & Procurement League Team.

Companies implement SCF because of Working Capital optimization, Supplier liquidity needs, SRM, Supply chain stability improvement, cost reductions, and Optimize corporate finance (incl. Asset financing).My special thanks to the Procurement League for giving me this opportunity.

"PROCON Online Forum 2021"· The evolution of Procurement & SCM. Challenges, Motivations, and transformation into Digitalization by the adoption of Industry 4.0 Technology. Thank you for this great opportunity OptiBuy & Procurement League Team.

Top Contributors

Recent Contributors

Let's together prepare the next generation of Procurement & Supply Chain Professionals

Verallis finds an average savings of 22%

Companies implement SCF because of Working Capital optimization, Supplier liquidity needs, SRM, Supply chain stability improvement, cost reductions, and Optimize corporate finance (incl. Asset financing).
My special thanks to the Procurement League for giving me this opportunity.

"PROCON Online Forum 2021"
· The evolution of Procurement & SCM. Challenges, Motivations, and transformation into Digitalization by the adoption of Industry 4.0 Technology.

Thank you for this great opportunity OptiBuy & Procurement League Team.

Companies implement SCF because of Working Capital optimization, Supplier liquidity needs, SRM, Supply chain stability improvement, cost reductions, and Optimize corporate finance (incl. Asset financing).
My special thanks to the Procurement League for giving me this opportunity.

"PROCON Online Forum 2021"
· The evolution of Procurement & SCM. Challenges, Motivations, and transformation into Digitalization by the adoption of Industry 4.0 Technology.

Thank you for this great opportunity OptiBuy & Procurement League Team.