A letter to the board from the chief procurement officer
Chief procurement officers are more than just cost-cutters, and can add substantial value if given the right talent and resources
Future of Procurement 2019
When it comes to the value of a company’s products or services, sixty five per cent comes straight from its suppliers, making procurement more business critical than ever. The Future of Procurement special report, published in The Times, opens with a letter to the c-suite, addressing why the chief procurement officer needs to be taken more seriously. The report explores the rise of ethical procurement and how the public sector can do real good by working with social enterprises. It covers how artificial intelligence is bringing about change and the lessons to be learnt from impending Brexit. Also featured is an infographic examining why the current picture of procurement talent is a cause for concern
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In this report
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AI finally making its mark on procurement
Procurement has traditionally lagged behind when it comes to technology, but does artificial intelligence offer an opportunity for things to change?
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How public sector procurement can have social value
With public sector organisations becoming increasingly aware that their procurement decisions have an impact on local communities, some are rethinking how they award contracts
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Human rights falter in grey areas of procurement policy
Workers are often the victims when there are gaps in legal procurement and ethical procurement, but businesses nowadays have a lot to lose as the lines between profit and social conscience are no longer so easily defined
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Procurement: new competitive advantage
Procurement must emerge from the shadows as a key business enabler
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Services procurement: it’s about value, not just price
Insufficient visibility of services providers is risky and lowers return on investment, but spending wisely has become easier than ever
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Rise of Oracle and SAP third-party support
Balancing tight budgets at the same time as adopting innovative solutions that enable businesses to thrive is a central aim of procurement professionals
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Big data opportunity in benchmarking
Increasingly, companies are embracing the transformative power of big data solutions to unlock valuable insights into their operations and ensure they don’t fall behind forward-thinking competitors
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Transforming procurement: A case study
Datacentre business Equinix has replaced manual, time-consuming procurement processes with a much more automated set-up and a pre-approved marketplace of product suppliers is central to the change
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Sustainable Business 2021
What are the pros and cons of Bill Gates’ green premiums? Our Sustainable Business report examines how collaboration is saving communities, the increasing interest in B Corp status, embracing sustainability reporting, and more
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Business Transformation 2021
Does your business need a chief transformation officer? Our Business Transformation report explores the factors companies should consider when hiring a transformation officer, the psychosocial risk of transforming, reputational risk, and more
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Future of Insurance 2021
Is standardisation the key to building customer loyalty in insurance? Our Future of Insurance report looks at topics from combating fraudsters to the rise of instant insurance, it examines how blockchain improve insurance and how travel insurance is focused to bounce back
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The Future CIO 2021
Are the CIO and CHRO the new power couple? Our Future CIO report explores how crucial the CIO has been over the last year, roles of humans in automation, ‘clean rooms’ for businesses, and more