Supply Management: What procurement can learn from football

4C Associates In the press

I am often lost for words when watching how football clubs must undertake player negotiations so publicly in the face of influences such as fan opinion, agents, China, the media and the high levels of supplier dominance that some of the truly top players have. Clubs are still making profits even in this time of inflationary salaries thanks to investment …

Spend Matters: Managing Risk – Increase Your Focus on the Value of Procurement Capabilities (Part 2)

Jeremy Smith In the press

The common barrier to new Procurement functions is that they are seen as administrative, as blockers to delivery. One way to respond to this is to take small steps forward by beginning with giving the operations teams what they want and making small, incremental improvements as we go. This works, we’ve seen it, but it isn’t quick, nor particularly impactful. Read …

Supply Management: Does SRM represent the last source of savings?

admin In the press

Supplier relationship management (SRM) has long been a contentious topic. In fact merely defining what the term means often proves difficult and can elicit a wide range of responses. There are those who believe SRM is part and parcel of contract management, whereas others see it as a wholly separate discipline. Milan Panchmatia, Managing Partner at 4C Associates shares his insights. …

Developing future proof supply chains and cutting costs

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A recent survey carried out by Jones Lang LaSalle, revealed that 71 per cent of supply chain managers believe cutting costs will be the top trend for the next five years.The findings are indicative of the current economic situation and reflect the increasing pressure being put on supply chain managers to reduce costs. Other key trends highlighted in the survey, …