Welcome Friday, September 03, 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
- Procurement a "real competitive advantage" for private-label giant
Fri, 03 Sep 2010 08:38:05 - Deregulated electricity offers US firms 'substantial savings'
Thu, 02 Sep 2010 09:33:25 - Procurement renegotiations helps save Santander £63m
Wed, 01 Sep 2010 09:46:01 - China's silicon supply chain set for 'strain'
Fri, 27 Aug 2010 09:37:37 - Spotlight: Anglo American and effective change management
Thu, 26 Aug 2010 09:51:31
VALUE CREATION COMMENT
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 VIDEO
Triangulus consultancy director Gavin Herman has experience of establishing a shared services centre. He shared some tips for success in this particular area with Steve Hall. Marc Engel - Supply Chain Finance
Supply chain finance is an increasingly visible trend in procurement and Steve Hall spoke to Unilever CPO Marc Engel about its potential to impact business. Stephen Easton - Procurement improvement
As a principal at A.T. Kearney, Stephen Easton was in a good position to offer an outside view on the areas of procurement that he sees as most open for improvement. David Rae asked him where the biggest opportunities lie.
VALUE CREATION ARTICLES
- Thought Leaders: Driving savings to the bottom line
Fri, 20 Aug 2010 09:21:56 - Getting value from a closer relationship with sales
Thu, 19 Aug 2010 09:24:02 - Roundtable: Key drivers for modern CPOs
Wed, 18 Aug 2010 14:45:12 - Masterclass: Intelligence gathering
Tue, 29 Jun 2010 11:02:49 - Thought Leaders: Commodity-cost management
Tue, 29 Jun 2010 10:09:34
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
VALUE CREATION OPINIONS
- World View: Procurement’s value to sales
Wed, 18 Aug 2010 08:19:50 - 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
