Procurement excellence is increasingly becoming an important factor in delivering efficient operations within successful companies. On the surface, effectively measuring procurement performance is not rocket science.
Purchasing, as a rule, is not part of a bank or insurance company’s core business. As a result, financial services organisations often underestimate both the risks associated with purchasing and the advantages of managing suppliers and product groups in a systematic way.
Partnerships are key to innovating the electromobility ecosystem. However, the course of electromobility over the last years has not met expectations. Our new study on electromobility partnership performance reveals that only a minority of current partnerships display strong performance.
The focus on innovation, and the ever-faster introduction of products, is building larger and more complex product port-folios. At the “Other end of innovation” we find that many companies are not managing to phase-out old, low volume or low margin products at the same pace that new products are...
Growth is on the top of the management agenda as shareholders simply demand return on invested capital and current business is not delivering. So what is the best route companies can take to achieve it? How can companies create and accelerate growth?
While retail has always been at the heart of everyday life, it has never stopped evolving and has never been changing as rapidly as it is today. Although many retailers are still transitioning to online retail, with varying degrees of success, the new wave of change in retailing is already upon...
Due to the increase in economic tension companies have optimized the organization, processes and systems in procurement over the last years and achieved related savings. Nevertheless companies are realizing that they have not yet reached the full value-added potential in procurement.