Tax Implications for Purchasing
New challenges are emerging for procurement organizations and one of them is how to manage tax risks and their impact on the total cost of the supply chain with obvious short and long term consequences on the shape and final procurement decisions (global or local).
Working with Finance
As a Purchasing manager, another clue to work closely with Finance and ensure a real and measurable track record of purchasing achievements. The P&L analysis will provide excellent insight into where Purchasing can contribute financially, among other things. This is especially relevant in a very [...]
Change in relation to the transformation
An excellent and structured overview of how to approach Deliberate Change versus Transformation. Ultimately, it's about convincing people and creating the right momentum.
Optimizing business expenses
Beyond this expense management challenge, it's about compliance and ensuring that money is used properly and efficiently by everyone in the company.
Leadership and ethics
The question is pertinent: What is the key to effective leadership? The answer is obvious.
Purchasing and CSR
Purchasing and Corporate Social Responsibility have obviously and legitimately been more intertwined in the ethical way. This article gives a relevant overview of the means and main axes of CSR.
Purchasing Maturity
A very informative overview of the key contributions of procurement. Today, it is strongly linked to adapting the way you model your Purchasing organization according to the level of maturity of the company. Therefore, flexibility and understanding of the business environment is very important. And, as mentioned in this article, "it is right [...]
Design-to-cost
A link to a very interesting testimony about the Design-To-Cost approach. A very powerful tool (certainly the most) for procurement processes that integrates all the good purchasing practices but also requires a certain level of maturity in the organization. Already used and theorized in a large team.
Agility
An interesting article that raises questions about how to deal with people who are poised to create long-term value and performance. Outside of any type of technology, smart employee management is certainly one of the most effective ways to ensure profits [...]
Human capital management
Human capital management is certainly crucial and even constitutes the backbone of any company strategy and its development.
Purchasing and IT
Valuable information on how to shape a successful collaboration between Purchasing and IT. And why.
Purchasing Organization
Very simple diagram and user-friendly approach to determine how you shape your purchasing organization. Of course, we can adapt them according to your organization's maturity, corporate culture and industry.
CSR Tool
An interesting tool to help you deepen your CSR policy and manage the evaluation of your suppliers' performance in terms of sustainable development.
Analysis of expenditure data
Data Management, Always a Challenge but Also an Opportunity Beyond Savings and Risk: Next-Gen Procurement Analytics are Coming into their Own Editor's Note: Today's article picks up where a previous article, The Rise of Analytics across Procurement Operations, left off last month. There is an enormous amount of value in Big Data, and for [...]