Buying software is often the first thing that comes into mind when looking to increase operational efficiency. However, it should be in conjunction with eliminating unnecessary tasks & processes, as well as delegating non-value added tasks to more junior team members.
For our #procurement#leaders in the #retail space, these times will test your out-of-box thinking.
Focus on:
⚡️ quickly securing suppliers
⚠️ carefully approaching buzzword tech
🌪️ providing certainty in these uncertain times
https://t.co/yfUNLfTD2U
#mondaythoughts
We are past one crisis, but in mids of the other, therefore, it's still crucial for #procurement to:
🤸 be #agile and competitive
🗺️ diversify #supplier base
🔗 continue improving #resiliency
🔮 conduct predictive analytics
🕴️ speak the C-suite language
https://t.co/QyFTtrikoc
"More than half (54%) of respondents believe they were overbilled by a third party during the previous 12 months."
https://t.co/rEq7UnyJkB
#riskmanagement#procurement#business
Where do you start when you need to create and implement a new process, and/or digitise already existing ones? Well, you start with documenting what you already have, in detail, and on a whiteboard.
https://t.co/sta9ax7c61
#thursdaymorning#procurement#procurementleaders
#Microsoft Research!
Flexible work doesn’t have to mean “always-on”, meanwhile, there's a 252% increase in weekly time spent in #meetings for the average Teams user since February 2020.
https://t.co/oLV3jNFMNt
#hybridwork#wfh#employees#tech#business
🚨The new UK housing market high!
The average asking price is up 1.7%, exceeding £350,000 for first time!
https://t.co/uXluzfURsr
#UK#ukhousing#housingmarket#realestate
Having plans for Friday evening? Think twice about which shots you want to get used to, or stick with the good old beer 🍻
https://t.co/BIFUDfuH5i
#procurement#Russia#vodka#UkraineCrisis
Just renewed my UK drivers licence online in under 4 minutes for £14!
If now even government IT services are easy to use, why do teams still work with difficult to use, legacy procurement systems?
#procurement#UX#digitalprocurement
Offering business stakeholders the ability to self serve low value / low risk requirements as easily as possible is a vital capability for procurement to offer.
Procurement in the 2020s must be focussing on business critical, high spend sourcing, relat…https://t.co/OUxiBP16oS
Hiring based on #values is the key!
It took #Airbnb three months to hire one of their first engineers as they had documented their values and wouldn’t compromise until they found the right candidate.
https://t.co/XTgCM63ybR
#companyculture#culture#procurement#leadership
Our list of must-read #books for #procurement professionals and leaders is here. It was built based on feedback and suggestions from our colleagues and friends in the procurement, #supplychain, and #sales fields.
Check it out
https://t.co/jdi8JsUk9Q