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Procurement has been given responsibility to reverse the fortunes of IT projects at the Department for Work and Pensions (DWP).
The number of European purchasing chiefs who report directly to the board has risen to more than 70 per cent from 50 per cent a year ago, according to new research.
Global procurement functions are doing well in terms of their visibility and cost-cutting efforts, but poorly on contract management, governance and customer service, according to a leading industry commentator.
Ariba, the market leader in spend management software, has opened up its supplier network to users of rival procurement and sourcing applications.
High-street clothing retailer H&M is to stiffen its corporate social responsibility (CSR) inspections among its suppliers.
The draft procurement principles for delivering the London 2012 games have emphasised the importance of sustainability.
A collaborative public sector procurement project will be a “litmus test” for all of London’s partnership projects.
Procurement needs to change its cost-cutting mindset in order to face the challenges of modern business, M&C Saatchi UK group chairman Moray MacLennan has warned the profession.
Companies are buying procurement software ahead of programmes for other functions because of the savings they generate, according to Oracle.
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