In a report released in late April , IBM’s Institute for Business Value weighs in on how organizations can reduce vulnerabilities through smarter supply chains. As supply chains start to react to the pandemic and deploy permanent changes in their processes, how can procurement officials brace for the change?
In this post we explore what changes supply chains are anticipated to make, and what those changes mean for public procurement officials. Read more “Black Swans: Anticipate Your Supply Chain Reactions”
Thirty-Five years ago, when the Value Chain Model was first introduced, procurement was viewed narrowly as cut and dry cost savings. But as suppliers become more citizen-centric, central procurement officers (CPOs) need to become more value-aware of procurement’s unique position. Public procurement should no longer be viewed narrowly for cut and dry cost savings, but for the additional value the procurement process can add as a strategic partner. Read more “Back to the Value”