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Sunday, July 06, 2008

Edition 10 (July 2007)

 

Edition 10 (July 2007)

A milestone was reached in the development of the procurement profession when, one evening in May, more than 250 people gathered at a prestigious London location to recognise the achievements of organisations and CPO-level executives throughout Europe.

The first European Leaders In Procurement Awards were a huge success, with entries from several of the biggest and best-known global companies and a glittering array of talent among the winners and runners-up. The assembled CPOs enjoyed the surroundings and took the opportunity, as procurement people do, of catching up with colleagues and sampling some of the fine wines on offer. The networking element of the ELP Awards and of the ELP Forum which followed the next day, was a key benefit and one that many attendees commented on enthusiastically.

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PROCUREMENT FEATURES

OPINIONS

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Today's procurement function offers huge potential to create value via strategic initiatives, be it supplier portfolio management, working capital management, low-cost country sourcing, outsourcing, process simplification or team organisation, writes Frederic Andre.

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Now procurement faces new challenges in the globalised market, according to Robin Jackson.

WHAT THE EXPERTS SAY

Knowing how much your company is spending – with which suppliers and with what results – is crucial management information. But how do you persuade your colleagues and senior managers that it’s worth devoting time and resources to analysing your spend?

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PROFILE

Featured Profile: Meryl Bushell

She is responsible for a huge global procurement budget in a highly technical and fast-changing industry but, more than anything else, Meryl Bushell is a people person. Mark Whitehead discovers the secrets of her success.

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