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At the helm or all at sea?To steer into more strategic business waters, CPOs must abandon the cost savings myopia and service mentality that tarnish procurement’s image

by Dick Russill

Editor's choice

Scanning for innovationGlobal plastics company Rehau looks to a small team of ‘innovation scouts’ in procurement to harvest the most promising ideas from its key suppliers
The carbon imperativeAmid all the debate about global warming, one thing is certain: CPOs hold the most important keys to carbon compliance
Because it's worth itL’Oréal’s CPO, Barbara Lavernos, is sold on the value of investing time and money in long-term supplier relationships and corporate social responsibility

CPO Agenda Winter 2006/7 cover

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Collective actionGroup purchasing organisations promise cost savings and process efficiencies. But if they are to grow, they need to overcome some formidable obstacles
Riding the waveChina remains the hottest of low-cost sourcing destinations. But conditions are changing fast and to stay on top you need to keep abreast of five key trends
Frankley speakingReflections on corporate life. By Jim Frankley
Executive debate: What are the opportunities and challenges in M&A integration?Takeover activity has been increasing apace of late. But what contribution can procurement make in the post-deal integration phase? We asked a group of senior professionals in Brussels
Books: People lessons from leaders
Research digestCPO priorities, future challenges, outsourcing, risk management, procurement's status
Tactics: Getting ahead on succession planningWith a severe talent shortage likely to hit supply management in the next 5-10 years, now's the time to take action to limit its effect
Opinion: Saving the earthAmid spiralling raw material prices and huge environmental pressures, sustainable procurement has now come of age
Executive coachDick Russill answers your questions

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Previous articles

A clearer world view of servicesIn-house or outsourced? Onshore or offshore? Tight or light control? Picking the right sourcing option for services isn't easy, but a new model can help guide your decision
Unlocking the value of collaborationNew global research indicates that working closely with strategic suppliers can yield significant value. The key issue is how to harvest it in practice
How can your function drive growth and innovation?Ambitious CPOs now want to influence top-line revenues as well as bottom-line savings. But how exactly? We invited a group of central European procurement leaders to Frankfurt to discuss this question

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