CIPS Paper – The Future of Procurement and Supply Management


via Spend Matters: As we said last week, we will be looking at “the Future of Procurement” over the summer. The recent CIPS publication, The Future of Procurement and Supply Management (P&SM) is the first research from “academia” that CIPS has commissioned for 15 years, which says something (not very flattering) …

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Half Of Organisations Set For Procurement And Supply Chain AI Investment Within Two Years

Artificial intelligence, AI , data mining, expert system software, genetic programming, machine learning

via SupplyChainDigital: A worldwide study of supply chain, procurement and finance business leaders has found that 55% of organisations are set to make a major investment in artificial intelligence (AI) over the next two years. A further 25% also plan to make a minor investment in AI to determine its potential …

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Exclusive: CIPS Top 10 Procurement Strategies


via Supply Chain Digital: Supply Chain Digital asked The Chartered Institute of Procurement and Supply to quiz its members as to the most important skills every successful CPO needs… 1. Develop commercial skills Commercial capability is a tool that needs constant sharpening as it is an important consideration for procurement professionals, …

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State of Risk 2017: Procurement Needs to Be More Proactive About Supply Chain Risk Management

Reckitt-Benckiser shoot for Ryder.

(Davis Turner photos)

via Spend Matters: That procurement is shedding its origins as a back-office function is old news. As organizations become more advanced, their role in the overall company is evolving into a more strategic one compared with its tactical past. And a crucial component of this strategic transformation is taking responsibility …

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