If there’s anything that worries procurement employees the most, it could very well be a leadership transition. When a new procurement leader – CPO, VP of Procurement, Purchasing Director, Supply Chain Manager, etc. – comes on board, the uncertainty that fills the air causes anxiety among a procurement staff. And anxiety is never cited as a key to world-class procurement…
Special thanks to Source One, a Corcentric company for this guest post. When conducting a sourcing initiative, there are many factors that must be considered to keep the project on track and achieve the best results. While I would love to say that every project I’ve worked on in my career as a sourcing professional has gone as originally planned, that would be…
There’s a phrase that bothers me: “Toot your/his/her own horn.” When most people use this phrase, it often has negative connotations. A typical use in context would be “He’s such an annoying braggart. All he does is toot his own horn.” But, in an under-respected field such as procurement, tooting your own horn is a good thing. My feeling is…