Predictions for 2014

Predictions for 2014

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Prediction one: Developments in procurement Jeremy Smith General – 2014 will be the year which will see organisations move away from short-term cost reduction approaches and become more mid- to long-term in regard to supply security and SRM, to control prices in a more collaborative approach with their suppliers. This is because it will be the year when suppliers start to become …

Predictions for 2013

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Prediction one: Cost leaders will continue to set the pace Ed Ainsworth With slow growth being forecast throughout much of the western world, companies which adopt a cost leadership approach are those most likely to succeed. This strategy, which entails becoming the lowest cost producer in an industry, for a certain quality of product, has been successfully adopted by a …