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October 2015

Conflict Minerals: A Bloody Sourcing Risk

Blood diamonds may get Hollywood attention, but it is the sourcing of lesser-known natural resources, known as conflict minerals, that fuel civil wars in the Democratic Republic of Congo and Uganda.

Conflict minerals (including tin, tantalum, tungsten and gold, among others) are core components in many high-tech products that consumers use every day, from smartphones and laptops to auto-mobiles and medical devices.

The […]

The Role of Procurement in Delivering Improved Company Valuation

Improving an organization’s procurement brings benefits far beyond saving money or raising quality standards. It can dramatically improve the valuation of the organization as a whole.

At a time when many companies are facing tough times, procurement is becoming recognized as an essential component of corporate strategy for leading organizations. It is well understood by CEOs […]

Three Occasions When Procurement Should Spend More

Procurement and senior executives who manage procurement are often overly fixated on savings and unit cost reduction. This is not only short sighted; it can drive perverse outcomes and does not begin to exploit the value that procurement can bring.

A corollary is that it will be appropriate at times to spend more money buying particular […]

Our Only Security is Our Ability to Change

Change can be daunting; it’s riddled with risk and challenges. Yet, it is our ability to change and innovate that offers our only security to grow and survive within a competitive market.

In this white paper we examine the importance of change in procurement and offer 10 best practices for managing change across the supply chain, […]

Five Steps to Improve Communication with Suppliers and Stakeholders

By Jessica Sanchez, Global Risk Strategy Manager at CR Bard

Procurement teams are under more stress than ever before.  Budgets and employees are stretched to their limits, forcing everyone to move quickly and be laser-focused on their daily to-do lists. Unfortunately, this tunnel vision often causes procurement and sourcing teams to miss the warning signs of […]

The 9 Habits of Highly Effective Procurement Organizations

By Mickey North Rizza, VP at BravoSolution

There’s a well-kept secret fueling the profitability and growth of the world’s most successful companies, and it exists within your company, too. It’s the Procurement team. However, the Procurement teams at companies like Colgate-Palmolive, Intel and Nestle do not resemble a typical Procurement department. So what sets them apart […]

4 Ways to Improve Retail Supply Chain Performance through Cost Savings

By Chris Horacek, Vice President at BravoSolution

Brick-and-mortar retailers are fighting an uphill battle.  Thankfully, there is some good news: some of the most successful retailers have cracked the code to improve savings, operations and the bottom line. So what do they have in common? These retailers:

Purchase smarter: to improve efficiency and cross-category/department savings
Prioritize transportation […]

MRO Sourcing Strategy Content Pack

By Jason Busch, Executive Editor at Spend Matters

We know MRO can be a major headache. But with so much money on the table, the opportunity to drive higher savings and truly impact the business is monumental.

For manufacturing companies, or any business that operates a number of plant facilities, the efficient procurement of parts, services and […]

Changing Roles of the Procurement Leader: The Analytical CPO

Peter Smith, Chief Research Officer, Spend Matters UK

The business world constantly changes, so procurement leaders have to change with it. Whilst there has rightly been much focus in recent years on the need for procurement professionals to develop strong inter-personal skills, there is another trend that is driving somewhat different needs. To succeed now, the […]

Category Sourcing Toolkit: Research Report, Scorecard Tool, Webinar

Andrew Bartolini, Managing Partner & Chief Research Officer at Ardent Partners

The Category Sourcing Toolkit is a pack of information designed to help procurement organizations to develop their sourcing pipeline and increase savings. The toolkit was developed by the globally recognized sourcing expert Andrew Bartolini and it contains:

Andrew Bartolini’s research report: Keeping Score: Procurement Performance and […]