Although more than half – 57.6 per cent – do ask their vendors for insight into the market, 81.2 per cent do not include these findings in reports to the business.
Tesco has unveiled more favourable payment terms for small and medium-sized suppliers as part of its efforts to deliver a "fairer, more transparent and consistent approach across our supply base".
“Know your people, know the expertise you have got. Communicate clearly and be ready to flex," said Anne Langley, head of programme sourcing at the Department for International Development.
Senior purchasing executives shared their thoughts on what contributes to a successful procurement transformation at the CIPS Annual Conference.
Buyers need to clearly define what criteria they are measuring and what method they will be using to evaluate scores, Peter Marshall of Commerce Decisions told the CIPS Annual Conference last week.
Purchasers embarking on a project to tackle tail spend should include the four ‘S’s to make it a success, said the interim procurement director at Shanks.
CIPS has secured a partnership agreement with CASME, the global membership network for corporate procurement, to provide continuing professional development hours to CIPS members who participate in CASME events.
CIPS members at the West of Scotland branch held their latest meeting at Hunterston B nuclear power station’s visitor centre in North Ayrshire, during which they were given a tour of the EDF Energy plant.
TradeMark East Africa is the first East African organisation to be awarded the CIPS Corporate Certification Standard.
CIPS is “absolutely delighted” that the United Nations Development Programme (UNDP) has outlined its support for the creation of a professional procurement licence.
CIPS has accredited the MBA programme at the University of Northampton; The second annual CIPS Fellows of the Future event to be held on 3 November