A procurement strategy is developed in order to establish the direction of how procurement should be organised in order to implement the procurement policy.
Having consulted widely with CIPS members and advisory groups across the world, the paper aims to highlight the future challenges and opportunities for the profession over the coming 20 years.
The month-on-month increase in the level of the headline PMI (5.0 points) was the joint-greatest in the near 25-year survey history.
After completing an apprenticeship programme, most young people will stay in employment and 71% will stay with the same employer.
The relevance of this partnership stems from solar energy’s emergence as a mainstream energy source.
One in five UK supply chain managers are unaware of the new rules
Johnson, Scholes, Whittington, Angwin and Regnér
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Buyers and suppliers need to have a clearly defined exit strategy agreed during the pre-contract stage to avoid difficulties should the relationship turn sour...
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In our industry the competitor that's best at managing the supply chain is probably going be the most successful competitor over time. It's a condition of success...
[Purchasing strategies] are helping to elevate supply management from an operational function to an integral part of company strategy (Niezen and Weller)
There are some absolute guarantees in life – one of them is change; some of us fear it, some of us relish it but either way we all have to deal with it.
Over the past year CIPS has taken a close look into emerging changes in business and markets and analysed a variety of trends to identify opportunities for the Procurement and Supply profession and its next generation of professionals.