David Rae - Procurement Leaders
Prior to his editorial director role at Procurement Leaders, David was the deputy editor of Financial Director in June 2005 and has since been short-listed for three major journalism awards* for his profile interviews and regular columns. During his time on the magazine he managed the redesign and relaunch of FinancialDirector.co.uk to wide critical acclaim as well as being responsible for all aspects of the magazine's production in addition to editing a regular supplement.
Prior to Financial Director, he enjoyed a successful period on Accountancy Age, latterly as deputy news editor, where he was responsible for breaking a number of important stories.
He has interviewed some of the most important figures in UK financial circles, including the group finance directors of British Airways, Wolseley, GUS, BHP Billiton, AstraZeneca and the BBC as well as the then-shadow Chancellor, Oliver Letwin.
- 2007 PPA Awards, Columnist of the Year, business and professional - Highly Commended
- 2006 Press Gazette Magazine Journalism Awards, Columnist of the Year - Short-listed
- 2006 Press Gazette Magazine Journalism Awards, Interviewer of the Year - Short-listed
From this author:
A safe pair of hands
Unless you've been living on the moon, you might have noticed that the financial markets have taken a turn for the worse since the last issue of Procurement Leaders hit your desk. Of course, that's putting it mildly – Alistair Darling, the British chancellor of the Exchequer, probably put it most accurately when he said the economic outlook was the worst it's been for 60 years.
11:08, 22 Oct, 2008
Team Players
When it comes to the bottom line, procurement and finance are inextricably linked. But there is often a disconnect over their relative roles and responsibilities – something both parties must address in order to unlock true value, writes David Rae.
10:11, 22 Oct, 2008
Mark Selawry - Five star service
When you have just gone through a $26bn takeover, $21bn of which is debt, cost management takes on a whole new level of intensity, as Hilton International’s Mark Selawry tells David Rae.
09:51, 22 Oct, 2008
De Vries doubles Dutch role
On the move in the procurement world...
09:25, 22 Oct, 2008
No margin for error
Having spent 11 years as CPO of Dell, Martin Garvin says relationships and mutual respect got him through the bad times – and good.
16:53, 21 Oct, 2008
Suppliers key to collaboration
According to Marc Engel, the chief procurement officer of Unilever, 40% of his company's product innovations come through suppliers.
13:01, 16 Oct, 2008
Vodafone’s trip to Luxembourg
The rapid growth of mobile phone company Vodafone means that managing suppliers is critical. Detlef Schultz talks to David Rae about how launching a dedicated procurement company in Luxembourg will help.
15:36, 27 Aug, 2008
Rob Hemsley - Full of beans
Rob Hemsley’s innovative use of technology and close supply chain links have left other food manufacturers playing catch up, writes David Rae.
14:44, 27 Aug, 2008
African Adventures
Africa is a resource-rich continent oozing with potential. Here we look at some of its supply hotspots and investigate levels of corruption and the ease of doing business – can you afford not to be there?
12:44, 27 Aug, 2008
Wing and a Prayer
With the cost of fuel now eating up to a third or more of airlines' turnover, procurement is a key element in company survival.
09:50, 27 Aug, 2008
Big Blue's Red adventure
Relocating its procurement team to China was a bold, leading-edge strategy. Two years on, IBM's John Paterson has no regrets.
09:22, 27 Aug, 2008
Big Blue's Red adventure
Relocating its procurement team to China was a bold, leading-edge strategy. Two years on, IBM's John Paterson has no regrets.
09:22, 27 Aug, 2008
Running on empty
The cover of this magazine offers of a glimpse into a procurement executive’s worst nightmare. To the layman; it may seem insignificant but to those operating at the sharp end of procurement, logistics and supply chains; empty freight containers are as bad as it can possibly get.
14:57, 26 Aug, 2008
Come Together
Almost half a century ago economist Milton Friedman wrote in his book Capitalism and Freedom that the business world had just one responsibility. Predictably, for someone who could count Ronald Reagan and Margaret Thatcher among his most ardent fans, that responsibility was to maximise profits.
11:12, 17 Jun, 2008
Working together
Traditionally, marketing and procurement have not exactly seen eye to eye, with a lack of respect for budgets and planning to blame. But by working more closely, the two departments can unlock value.
08:41, 17 Jun, 2008
Hard Facts: Ethical and Sustainable Sourcing roundtable
Without access to the facts, procurement directors have an all but impossible task to drive change in sustainable purchasing. but even with the facts, it’s anything but easy.
17:07, 16 Jun, 2008
Procurement’s core principles
Do you know what’s going on inside your supply chain? Are you certain your suppliers aren’t using child labour or banned products to produce goods? Sustainable procurement policies can help minimise the risk.
15:57, 16 Jun, 2008
Get up and grow
As one of the newest members of the FTSE-100, Carphone Warehouse hasn’t had long to develop its procurement operation and, as David Rae reports, the function has had to grow rapidly in a short space of time.
15:47, 16 Jun, 2008
Luis Ferreira - Power House
Selling himself to the wider business is always at the forefront of Luis Ferreira’s mind, writes David Rae. Saving €120m is a great way to start.
15:25, 16 Jun, 2008
Communication Breakdown
Procurement executives don’t share the views of other senior executives. And neither do they see the benefits of tax or IT, writes David Rae.
10:09, 16 Jun, 2008
A day of brain storming
More than 100 senior procurement executives from across Europe descended on Lord’s cricket ground to discuss purchasing.
16:41, 13 Jun, 2008
Profits up, emissions down
The readers of our magazine are in a perfect position to drive sustainability. In doing to, they will maximise profits too.
16:31, 13 Jun, 2008
The best in procurement
The most exciting projects in Europe are shortlisted in the Procurement Leaders Awards 2008, writes David Rae.
17:21, 16 Apr, 2008
Spend Analysis Roundtable: How much?
An economic downturn is the ideal time to look at corporate purchasing habits. Not only are you likely to find a few million Euros, but it will help with your board credibility too.
16:54, 16 Apr, 2008
Getting on board
Germany has taken procurement into the upper reaches of corporate life, according to our exclusive research.
12:13, 16 Apr, 2008
Core Standards
Being in charge of procurement at a nuclear decommissioning site comes with its own set of challenges. But commercial director Steve Morgan brings a disciplined approach – and it’s getting results, writes David Rae.
11:54, 16 Apr, 2008
Jean-Philippe Collin - The Lean Machine
Whether he's the CPO or the Chief Executive, Jean-Philippe Collin is the driving force behind car manufacturer Peugeot, writes David Rae.
11:29, 16 Apr, 2008
Report sheds light on China
China has lost its edge as a low-cost manufacturingfor-export centre due to increasingly high wages and the strong yuan, according to research conducted by Booz Allen Hamilton and the America Chamber of Commerce in Shanghai.
17:05, 10 Apr, 2008
New beginnings
Good news, we’re in recession. That probably wasn’t the most likely of openings to a magazine editorial, but for the readers of this publication the current climate provides an opportunity to shine.
16:54, 10 Apr, 2008
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