Welcome Thursday, February 23, 2012
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
- HMV trades equity with suppliers
Mon, 23 Jan 2012 09:53:12 - African airlines club together to buy fuel
Mon, 16 Jan 2012 10:41:34 - Supplier funding gap collapses at Sears
Fri, 13 Jan 2012 09:31:36 - Government procurement boosts Indian aerospace
Wed, 11 Jan 2012 09:19:10 - Executive reshuffle improves procurement visibility at Pace
Fri, 06 Jan 2012 09:55:46
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
- In Focus: New editorial webinars
Sun, 23 Jan 2011 15:21:01 - Procurement Leaders Awards: View from the podium
Sun, 23 Jan 2011 15:15:47 - Roundtable: Future challenges, London
Sun, 23 Jan 2011 15:13:25 - Procurement breaking ground for western businesses in Asia
Sun, 23 Jan 2011 14:48:31 - Thought Leaders: Should-cost modelling
Fri, 21 Jan 2011 00:00:00
VALUE CREATION RESEARCH
- 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 - Supply Chain Finance Market
Fri, 15 Feb 2008 11:50:00
VALUE CREATION OPINIONS
- Economic View: Long term food security threatened
Tue, 19 Oct 2010 09:12:19 - World View: Cross-silo initiatives
Tue, 19 Oct 2010 08:53:32 - 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
