Welcome Sunday, March 14, 2010
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
- Analysis: A lack of lending hits supply chains
Wed, 10 Feb 2010 11:10:11 - Entrepreneurial suppliers benefit from matchmaking
Fri, 22 Jan 2010 09:16:32 - UK service sector facing ‘tough’ operating conditions
Fri, 04 Dec 2009 09:46:45 - 'Mega Monday' shoppers rush online
Tue, 01 Dec 2009 10:05:22 - Global business confidence 'surging back'
Tue, 01 Dec 2009 09:19:19
VALUE CREATION COMMENT
VALUE CREATION ARTICLES
- Eliminating complexity in Whirlpool’s supply chain
Thu, 11 Feb 2010 15:04:50 - A new dawn for procurement
Thu, 17 Dec 2009 12:11:12 - Roundtable: Collaborative working, London
Thu, 17 Dec 2009 10:22:24 - Reflections on the US
Tue, 15 Dec 2009 10:11:31 - Procurement Leaders Forum 09 - Amsterdam
Tue, 15 Dec 2009 09:55:24
VALUE CREATION PRESENTATIONS
How cross-functional collaboration can help you to deliver year-over-year efficiencies and achieve Procurement Excellence
In C-level suites and boardrooms around the world, procurement is increasingly viewed as a strategic function. As CEOs and CFOs are coming to understand supply chain’s impact not only on the bottom line but in addition on the top line, cross-functional collaboration has never been more important.
Leading in uncertain times - keys to building a winning team
In a highly competitive industry, the key to growth is not how well a manager structures the present, but how well a leader engages the future and moves people forward with confidence.
VALUE CREATION OPINIONS
- Network View: Facilitating cost savings
Wed, 10 Feb 2010 14:52:50 - Inside view: Dare we call ourselves a profession?
Mon, 19 Oct 2009 15:54:52 - Economic view: Exit strategy all-important for economic recovery
Tue, 18 Aug 2009 11:27:44 - Inside View: Let the cull continue
Tue, 18 Aug 2009 11:23:23 - Inside view: Let the cull begin
Wed, 22 Oct 2008 08:30:00
VALUE CREATION RESEARCH
- Achieve Predictable Excellence - Integrate Lean Six Sigma with Global Services Sourcing
Wed, 09 Sep 2009 07:56:36 - Succeeding with New Procurement Strategies in a Changing Economy
Wed, 02 Sep 2009 13:41:42 - Purchasing Marketing Services
Tue, 11 Nov 2008 12:55:31 - A guide to tax - Efficient procurement
Tue, 04 Nov 2008 17:04:00 - Travel & Expense Management Market
Thu, 02 Oct 2008 16:24:00
