why the procurement department is drowning
Post on 13-Sep-2014
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DESCRIPTION
Your company is now an island, forced to sail the high seas in search for suppliers. However, internal procurement functions do not have the right means or equipment to navigate this sea of supply effectively - creating incredibly complex problems. Solving these problems with the current resources often yields little results. Read this Ebook to learn how effective sourcing and management of your suppliers can improve profit, increase innovations and drive competitive advantage; Allowing you to safely navigate toward success, leaving your competitors all at sea. Download the full Ebook here: http://insight.proximagroup.com/why-the-procurement-department-is-drowningTRANSCRIPT
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Drowning, not wavingHow Corporate Virtualization has got business leaders out of their depth...
And where the real opportunities lie.
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An overview:
Why business has turned into a fishing contest
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Probably not the first thing to spring to mind when it comes to a radical rethink of business practice.
Imagine yourself in a pair.
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In fact don’t stop there.
Imagine your entire corporate leadership, CFO, CMO, the heads of IT and HR, imagine them
all up to their armpits in large pairs of waders.
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Picture them at the shore of an ocean holding fishing rods.
Sorting hooks, tangled in wire and attaching bait.
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Imagine them wading in deeper and deeper because they think it is good for their business.
So deep that the water begins to pour in...
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Do they look like business leaders now
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But anglers, metaphorically,is what they have all been
forced to become.
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Something called Corporate Virtualization
has made fisherman of us all.
The effects are highly significant for your company’s performance.
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Corporate Virtualization has come about through big changes in business practice: far more revenue than ever before now goes to external suppliers. 70% on average.
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Across hundreds of different areas.
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Hence the fishing.
Chances are the answers to your business needs now lie outside of your organization, not within.
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How well you fish helps determine how well you answer your corporate
and leadership aims.
Businessneeds= ++ $++
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Which has thrown up several incredibly complex problems...
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Problem 1
Because there isn’t the internal knowledge or infrastructure to manage such vast areas of external spending, businesses are missing
big opportunities for new ideas and innovation.
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Problem 2
The level of external risk is greatly increased and harder to control.
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Problem 3
Many millions a year are lost or wasted.
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Problem 4
People across the business are forced to bring in the right suppliers, information, people and thinking.
And do it in the right way. At the right time. And the right price.Then manage it all on an ongoing basis.
Something they cannot possibly be qualified to do.
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Solving the problem could change your career and alter the landscape of your business.
You just need to find the right help.
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How to win the fishing contest:
Download the full version of the ebook here or visit:
www.proximagroup.com