How can procurement drive innovation?
Procurement, despite a wealth of evidence to the contrary, is still often viewed as simply a purchasing function. However, a successful procurement function isn’t just about saving money, and progressive CPOs are always on the lookout for new ways to deliver value. In fact, we would argue that this specialism is actually uniquely positioned to i...
Handling Counter Offers in Procurement
Handling Counter Offers in Procurement So, you’ve been through the arduous process of applications, interviews, salary negotiations, and finally been offered a job at another company. However, once you decide to hand in your notice, your current employer, in an effort to make you stay, makes a counter offer, with a higher salary and perhaps even...
Digitalisation of Supply Chains: How IoT, Big Data and Blockchain can Revolutionise Supply Chains
As a system which enables the transfer of a huge variety of goods and services around the world, modern supply chains are vast ecosystems, with products often moving through multiple parties and regions. Naturally, this can lead to a number of inefficiencies. However, there are plenty of emerging technologies with the potential to disrupt this. ...
1st Exec Receives Supplier Excellence Award
We’re delighted to share the news that 1st Executive has received a KellyOCG award for Supplier Excellence. KellyOCG, the outsourcing and consulting group of Kelly Services, presented the award last week at the Spring Supplier Forum in Amsterdam, recognising their top performers. Suppliers were evaluated on three criteria: Scorecard results of p...
Does Procurement Need A Seat At The Top Table?
The debate on whether procurement should have a seat at board level has been an active topic of discussion for a while now, as more and more professionals make the transition to senior positions. However, compared to other departments the number is still negligible, and for many in the industry the procurement function is still severely underval...
