Welcome Sunday, July 06, 2008
Value Creation
The term "value creation' can be a misnomer, but for procurement professionals it is simple: delivering additional value to the bottom line through new methods. The difficulty only lies in drawing that value out of the plethora of intangible drivers that you have to deal with.
Non-financial factors like innovation, people and ideas are difficult to quantify, rarely acknowledged in accounting methods and not adequately measured, managed or reported on by organisations. However, these are some of the critical sources of value that can be utilised by companies to improve their competitive advantage.
By making procurement work closely with other business functions it can drive flexibility, ultimately making it expandable to customer needs and creating value to the company's bottom line.
VALUE CREATION NEWS
- Caterpillar announces global sourcing investment boost
Fri, 04 Jul 2008 08:08:52 - Apple beats the crunch and sees core sales soar
Thu, 19 Jun 2008 10:39:52 - Cadbury’s still sweet on growth
Thu, 19 Jun 2008 10:26:25 - O2 bucks trend with ambitious procurement expansion
Tue, 17 Jun 2008 10:54:13 - Hitachi announces plans to slash procurement costs
Wed, 28 May 2008 08:40:14
VALUE CREATION ARTICLES
- Deutsche Post World Net finds best fit to deliver procurement excellence
Tue, 17 Jun 2008 07:54:00 - Working together
Tue, 17 Jun 2008 07:41:40 - Get up and grow
Mon, 16 Jun 2008 14:47:59 - Low prices – thanks to expert procurement
Thu, 01 May 2008 08:34:11 - Route to Market
Wed, 24 Oct 2007 15:58:31
VALUE CREATION OPINIONS
- Opinion: Your time is now
Tue, 15 Apr 2008 16:51:49 - Opinion: Information holds the key
Fri, 13 Jul 2007 10:18:00 - Opinion: Aim for the top to add real value
Wed, 02 May 2007 07:47:37
VALUE CREATION RESEARCH
- Generating significant value for supply-chain partners by analysing and optimizing supplier's cost structure
Tue, 03 Apr 2007 23:00:00 - Moving up the value chain
Wed, 21 Feb 2007 12:00:00 - High-performance business through a differentiated supply chain: How chemical companies can achieve logistics breakthroughs
Wed, 21 Feb 2007 12:00:00 - Achieving high performance through managed supply chain services
Wed, 21 Feb 2007 12:00:00
