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Procurement Transformers Blog Posts
December 16, 2022
“A successful transformation is never an accident. It is the result of commitment to excellence, intelligent planning, and focused efforts.” And with this thought the Procurement Transformation Summit in Malaysia kicked off.
At the Pullman Kuala Lumpur City Centre, a breakfast roundtable was set-up for C-Level Executives from organizations, including Affin Bank, Boustead Plantations Berhad, Kumpulan Wang Persaraan (Diperbadankan) – KWAP, Gamuda Berhad, Malaysia Airlines Berhad…
September 27, 2022
Procurement as a function has come a long way from being seen as a cost-reduction-centric support function to securing a place in boardroom discussions.
Let us begin with an analogy from television crime thrillers. Many of our favorite characters in this genre might have solved crime relying on their “gut-feeling”, “a-hunch” or their brilliant instincts but we all experience that “a-ha” moment at the end when the hypothesis of …
September 13, 2022
Are you looking to create greater value from your procurement-supplier synergies but strict sustainability & regulatory compliances, risk vulnerabilities along with political instability are bringing in new challenges for you?
This blog summarizes an exclusive on-demand webinar concluded by Zycus for the Nordics region with Bernard Gracia, Director & Dean at European Institute of Purchasing Management (EIPM) and Thomas Bioud, Regional VP, EMEA, Zycus. To replay the full …
August 23, 2022
Tough times call for more robust measures to be taken– the past few years have witnessed fast-paced changes in the business landscape. The impact of the Covid 19 pandemic, strict compliance and regulatory policies, political instability, environmental impacts, and stringent ESG compliances has shaken the fundamental baseline of our supply chains and procurement function.
These times require not only robust but also modern solutions to be followed. Therefore, pioneering Procurement …
January 27, 2022
The procurement function in most companies has changed from being a support team to becoming a strategic partner in the success of the company. Cost savings is no longer the top KPI for procurement departments. Global CPOs are more concerned with risk management, resilience, sustainability, availability and transformation objectives.
The pandemic has underscored how important it is for procurement leaders to have visibility into Supplier Networks as well as …
September 21, 2020
Too long in the abyss of obscurity, the procurement department finally started getting the attention they deserved.
The Chief Procurement Officer (CPO), the disguised leader who was working hard to put the procurement function on the organization’s strategic road map, has finally started seeing his efforts getting recognized.
Battered by the global economic uncertainty, the organizations started looking for alternatives ways to realize savings. They realized that to …