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What does fourth-generation procurement look like?
Business, Published on 24/04/2014
» As we mentioned in the first column of this two-part series, our candid interviews with 60 executives throughout Asia-Pacific helped us see where they feel they are lagging in procurement capabilities at a time when such mounting pressures as cost volatility make it more important than ever to catch up.
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Why procurement needs an overhaul in Asia-Pacific
Business, Published on 09/04/2014
» Scratch an industry leader and you’ll find an iron-clad procurement operation. What companies such as Apple and Walmart have learned on the way to the top of their industries is that procurement leaders are cost leaders with a clear edge over rivals. Cost leaders can out-invest in innovation, capture share through price flexibility and quickly capitalise on new opportunities, all the while retaining margins.
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