Procurement Espresso

Fortnightly e-Magazine

COVER STORY

Consulting Cost: Demystified

Consulting Cost: Demystified

Globally, companies on an average spend more than $250 billion on management.

Cost and Innovation cross swords in the Silicones Market: buyers to benefit

Chinese suppliers are moving up the value chain in the silicones space, which could potentially threaten the dominance of global players. This trend could have wide implications ranging from cost to product innovation.

The five common mistakes Category Managers make when using Cost Models

Cost models may seem simple but there are enormous complexities involved. Sourcing managers should know when and how to use different types of cost models.

Trade under siege: checklist to prepare for trade risk

The Beroe LiVE community had voiced their topmost worry last year: Fifty five percent of those who were surveyed said that they were worried about global squabble over free trade. And their worry is coming true.

Previous editions of Procurement Espresso e-magazine

17 October, 2021

CPO Handbook: Inflation and Supply Shortages Challenge

As per Beroe analysis, over 500 commodities have witnessed price rise of more than..

03 October, 2021

Procure-to-Pay: Overcoming implementation Challenge

In this first episode of Beroe Podcast “The Source”, veteran Procureme..

19 September, 2021

Agile Procurement and its Applicability

Beroe spoke to Bernardo Nicoletti, an industry veteran and a Professor of Opera..

Read More

05 September, 2021

Excess Demand, Supply Shortages likely to last till 2022-23

Dr. Rob Handfield, Professor of Supply Chain Management at North Carolina State Un..

Read More

22 August, 2021

World’s Top 50 Procurement Organizations -- 2021

The Top 50 Procurement Organizations for 2021 have been ranked by Beroe! If p..

Read More

08 August, 2021

CPO Speak: Procurement as a Means to Build Public Confidence

In this exclusive article for the 99^th edition of Procurement Espresso,..

Read More

25 July, 2021

The Procurement Beige Book -- Q2 (April-June) edition

The Procurement Beige Book is a quarterly publication from Beroe that provides a s..

Read More

11 July, 2021

Espresso LiVE: E-Auction - Procurement’s Best Friend

Jacob Gorm Larsen, the Head of Digital Procurement at Maersk Group, believes that ..

Read More

20 June, 2021

Interview: Every dollar saved is going to research

In an exclusive interview with Beroe, Sara Malconian, the Chief Procurement Office..

Read More

06 June, 2021

Espresso LiVE -- Back-to-Office: Yay or Nay!

Dr. Rob Handfield and Adam Whitfield discuss the challenges and opportunities in m..

Read More

23 May, 2021

Interview: Digital Transformation is more of a Business Transformation

Jacob Gorm Larsen, the Head of Digital Procurement at Maersk Group, has perhaps on..

Read More

09 May, 2021

Back-to-Office Sentiment

For the past year or so, a majority of Procurement teams across the globe have bee..

Read More

25 April, 2021

The Procurement Beige Book

Beroe’s Vice President, Valekumar Krishnan, decodes the sourcing conditions ..

Read More

11 April, 2021

Interview: Procurement and Supply Chain Finance

In an exclusive interview with Beroe, Professor Erik Hofmann said that Supply Chai..

Read More

28 March, 2021

Mapping the acceleration of VC funding in Procurement

In a post-pandemic world where supply chains have to be strengthened and, indeed, ..

Read More

14 March, 2021

Espresso LiVE: Women in Procurement -- Challenges and Opportunities

Tiffany Sen, the CPO of New York Metropolitan Museum of Art, and Michelle Baker, t..

Read More

28 February, 2021

Interview: An ex-CPO invests in a start-up

In an Exclusive Interview with Beroe, Robert Driessen, co-founder of Buynamics, ta..

Read More

14 February, 2021

Interview: 75% of supplier innovations come from startups

In an exclusive interview with Beroe, Schneider Electric CPO, Dan Bartel, challeng..

Read More

31 January, 2021

Interview: Procurement Job Market Getting Hotter

In an exclusive interview with Beroe, recruitment specialist Mark Holyoake talks a..

Read More

17 January, 2021

CATEGORY FORECAST 2021

If 2020 was all about managing the sudden disruption caused by the pandemic, 2021 ..

Read More

13 December, 2020

Top Articles 2020

2020 has been a bizarre year. Out of nowhere, the COVID-19 pandemic had not only d..

Read More

22 November, 2020

Emergent Supply Chain Challenges for Deployment of COVID-19 Vaccine

As we look forward with hope to the deployment of a vaccine or vaccines against CO..

Read More

01 November, 2020

Interview: NY Met Museum CPO on Procurement as an Art Form

The CPO of the New York Metropolitan Museum, Tiffany Sen, told Beroe in an intervi..

Read More

18 October, 2020

Procurement Beige Book - October 2020

Log on to Beroe LiVE and visit interesting reads -> Special Reports section to ..

Read More

04 October, 2020

Interview: The Pandemic Has Accelerated the Need for Demand Management

The COVID-19 pandemic has shifted the focus back to Demand Management, a concept t..

Read More

20 September, 2020

Espresso LiVE: Procurement Digitalization in a Post-Pandemic World

Dirk Karl (CPO) and his team at telecom giant MTN Group Ltd discuss whether invest..

Read More

06 September, 2020

Interview: Evolution of Supplier Audit in the Era of “Social Distancing”

Beroe spoke to Adam Whitfield, Quality Assurance & Audit Program Manage..

Read More

23 August, 2020

Taking Charge of Procurement in the Middle of the Pandemic

As per Beroe analysis, nearly 130 Procurement executives took charge of the functi..

Read More

09 August, 2020

Pandemic Fallout: “Cost Saving” and “Contract Renegotiation” have become top priorities

Amidst the great disruption to trade, business and normal way of life, Beroe has b..

Read More

26 July, 2020

Interview: Procurement should not be the police department

The CPO of American Red Cross, Tom Nash, told Beroe in an exclusive interview that..

Read More

12 July, 2020

Procurement Digitalization in a Post-Pandemic World

In the aftermath of Covid-19, whenever that is, Digital initiatives will gain even..

Read More

28 June, 2020

Online Search Patterns: Supply Risk, Procurement Jobs, and Cost Savings

As millions stayed indoors, digital life saw a huge uptick. The question then is w..

Read More

14 June, 2020

Video: Globalization vs Localization, lessons for Procurement

In this Exclusive Panel discussion, Tom Linton, Senior Advisor at Flex, and Dr. Ro..

Read More

31 May, 2020

Interview: A Nimble Procurement Team Helped Mitigate Supply Disruption

In this Exclusive Interview, Nat Parameswaran, VP and Head of Global Procurement a..

Read More

17 May, 2020

Procurement Conferences: Virtual Events Flavor of the Season

Conferences are a great place for networking. However, with travel practically com..

Read More

03 May, 2020

Interview: We must treat climate change with the same urgency as other crises we are facing

In an Exclusive Interview with Beroe, Thomas Udesen, the Chief Procurement Officer..

Read More

19 April, 2020

Mapping the CPO Response to COVID-19 as Global Recession Looms

We are in an economic downturn that has no parallels, and it will be much worse th..

Read More

05 April, 2020

Procurement Beige Book - April 2020

Log on to Beroe LiVE and visit interesting reads -> Special Reports section to ..

Read More

22 March, 2020

Beroe LiVE Survey: Companies face BCP Challenges as Coronavirus goes global

Amidst the great disruption to trade, business and normal way of life all across t..

Read More

08 March, 2020

Interview: Responsible sourcing and risk management goes hand-in-hand

In an exclusive interview with Beroe, Laura Simmonds, the Head of Responsible..

Read More

23 February, 2020

Coronavirus scare: China Goes into Pause Mode, Suppliers Remain Stoic

Over the past week or so, Beroe contacted over 100 suppliers in China, including n..

Read More

09 February, 2020

Interview: “We created AI tools to identify optimal sourcing scenarios” – MTN Group CPO

In an Exclusive interview with Beroe, MTN Group Chief Procurement Officer (CPO) Di..

Read More

26 January, 2020

Top Ten Supply Chain Trends -- 2020

In this guest post, NC State University’s Dr. Rob Handfield lays out top ten..

Read More

12 January, 2020

Category Forecast - 2020

Beroe's Customer Success Leads -- in partnership with the research analysts --..

Read More

15 December, 2019

Voice of Procurement

As 2019 draws to a close, here we present the top Interviews and External Contribu..

Read More

01 December, 2019

Up In the Air: Tales of Travel

Procurement is mostly seen as a desk job. Not many know that sourcing managers tra..

Read More

17 November, 2019

Interview: Tariffs are the new normal; Procurement to play key role in localization

Dr Rob Handfield, Professor of Supply Chain Management in NC State University, tel..

Read More

03 November, 2019

Beroe Live Poll: Procurement Spend And Supplier Checks

We ran a poll among users of Beroe LiVE, a community of thousands of procurement d..

Read More

20 October, 2019

Interview: “We are challenged by the government to improve efficiency”

Steven McLaughlin, NHS Scotland’s Head of Procurement, described to Beroe in..

Read More

06 October, 2019

Procurement Beige Book OCT 2019

..

Read More

22 September, 2019

Interview: Ability to Tell Data-based Stories will be a Key Asset

In an interview with Beroe, Michelle Baker, the Chief Procurement Officer (CPO) of..

Read More

08 September, 2019

Interview: “We Support our Business Stakeholders like Internal Consultants”

In an interview with Beroe, Carlo Baus, Head of Global Strategic Sourcing at Bose ..

Read More

18 August, 2019

Interview: Demand Management is Like Spending Your Own Money

In an Interview to Beroe’s Procurement Espresso, Jeremy Fry, a demand manage..

Read More

04 August, 2019

Going Beyond Compliance to Drive Performance

In this exclusive article for Beroe’s Procurement Espresso, EcoVadis co-CEO ..

Read More

21 July, 2019

CPO to CEO -- The Road Ahead

Tim Cook is arguably one of Procurement’s best ambassadors. Steve Jobs hired..

Read More

07 July, 2019

What happens when assurance fails?

When suppliers lose the trust of the supply chains they depend on, it can have cat..

Read More

03 July, 2019

Welcome To The IT Procurement Community

Interesting stories from IT Sourcing domain..

Read More

23 June, 2019

The role of AI in Procurement

In the procurement vertical, AI is making a perceptible progress from being a deci..

Read More

09 June, 2019

Interview: “I get to practice what I preach”

Kai Nowosel, the Chief Procurement Officer (CPO) of Accenture, talks about his jou..

Read More

12 May, 2019

Interview: A Digital Tool for Better Supplier Negotiations

Lubos Libiak, head of procurement at MALL Group -- a leading e-commerce platform i..

Read More

28 April, 2019

Procurement Strategies for Cookware –China vs India

The global market for cookware is in a constant state of flux. There are an increa..

Read More

28 March, 2019

Interview: UK businesses, not Parliament, bear the financial cost of Brexit

Brexit has been temporarily postponed. As things stand, it could happen either on ..

Read More

17 March, 2019

Industrial Vending Machines transforming VMI in MRO sector

Vendor Managed Inventory (VMI) has extended its scope to industrial vending machin..

Read More

03 March, 2019

Blue Blood Alternative

Horseshoe Crab’s blue colored blood is used to detect endotoxins in drug pro..

Read More

17 February, 2019

Getting the most out of your suppliers via Innovation

Procurement Organizations have several options to induce Supplier Innovation. Appr..

Read More

03 February, 2019

Emerging Cities for Sourcing Centers

Procurement Organizations make great efforts to find a suitable location for their..

Read More

20 January, 2019

UCB CPO on Stakeholder Management

Procurement has long been blamed for not fully understanding the business needs , ..

Read More

06 January, 2019

Category Forecast 2019

Log on to Beroe LiVE and visit Interesting Reads -> Special Reports section to ..

Read More

02 December, 2018

Poll: Sourcing Managers Expect Annual Cost Savings of up to 5 percent

We ran a poll among users of Beroe LiVE, a community of thousands of Procurement d..

Read More

18 November, 2018

Interview: Simplicity was the key to transform Facilities Management

Multinational consumer goods and tobacco company, Imperial Brands, had won the Sil..

Read More

04 November, 2018

Specification Harmonization can help evaluate suppliers

We have observed that the desired savings are not being captured despite spend con..

Read More

21 October, 2018

Robust supplier audit process is a must

Audits, by their nature, need to be carried out by independent bodies -- not influ..

Read More

07 October, 2018

Supplier Compliance is ripe for tech disruption

While many service providers offer cloud-based technology, none so far offers an o..

Read More

23 September, 2018

The Procurement Beige Book

The comprehensive report first of its kind - demonstrates whether the current cond..

Read More

09 September, 2018

Interview: Bayer CPO on his team winning Best-in-Class Gold award

Beroe recently interacted with Bayer CPO Thomas Udesen after the pharma giant won ..

Read More

26 August, 2018

Robust workflow architecture key to Spend Analysis exercise

Beroe recently interacted with SimPPLY, a spend analytics solutions provider based..

Read More

12 August, 2018

Leaders’ Corner: Category Lifecycle Management in Five Steps

Thierry Fausten of Cranfield University School of Management writes that Category ..

Read More

29 July, 2018

Beroe LiVE Poll: Expected cost savings for 2018

We ran a poll among users of Beroe LiVE, a community of thousands of Procurement d..

Read More

15 July, 2018

DIGITALIZATION: EITHER ALL OR SOME

Selective technological interventions to address operational inefficiencies can al..

Read More

01 July, 2018

IT’S NOT “US VS THEM”

It’s usually tough for business stakeholders to accept that someone else wou..

Read More

17 June, 2018

Best-in-Class 50 (2018 Edition)

Companies that do well on the procurement front also tend to create more value for..

Read More

03 June, 2018

Extend payment terms without hurting suppliers

If planned well, a firm’s supply chain can act as a source of inexpensive ca..

Read More

20 May, 2018

Six Steps to transform Capex Procurement

Capital expenditure (Capex) has always been on top of every CFO’s agenda. Ho..

Read More

06 May, 2018

Beroe LiVE Poll: Center-led model gaining traction

The differences between the operating models are often more nuanced than one might..

Read More

22 April, 2018

Battery Shock: the brewing battle for Nickel Supplies

With the growth of electric vehicles, supply shortage is expected in the Class 1 N..

Read More

18 March, 2018

Procurement’s Billion Dollar Impact

Patient Recruitment and Retention is an important step in the drug discovery proce..

Read More

18 February, 2018

Key Role In Reducing Green House Gas Emissions

Amidst all debate around climate change, if one were to ask whether procurement or..

Read More

04 February, 2018

Sourcing In The Age Of Distraction

As their profile rises, Procurement managers would find it tough to manage the sur..

Read More

21 January, 2018

Special Reports - The Procurement Beige Book (Q4 2017)

The comprehensive report first of its kind - demonstrates whether the current conditi..

Read More

07 January, 2018

2018 : Procurement Categories Forecast

As procurement organizations become more strategic, the power of market information w..

Read More

03 December, 2017

Procurement: Glass Ceiling Cracked, Not Broken

Although women comprise 37 percent of the managerial cadre across procurement orga..

Read More

19 November, 2017

Shop Online For Services Through E-catalogs

Catalog buying is becoming popular for high volume services, which cuts down the t..

Read More

05 November, 2017

Key Role In Reducing Green House Gas Emissions

Amidst all debate around climate change, if one were to ask whether procurement or..

Read More

22 October, 2017

Tequila How To Spot A Coming Crisis?

Agave, the feedstock used to make the famed Tequila drink, is in short supply sinc..

Read More

09 October, 2017

Zen And The Art Of Supplier Management

According to a recent survey, 70 percent of suppliers said that a majority of thei..

Read More

24 September, 2017

Procurement’s Halal Problem

As there is no single global standard, Halal compliance and supplier selection can em..

Read More

03 September, 2017

The Procurement Beige Book (Q3 2017)

The comprehensive report first of its kind - demonstrates whether the current conditi..

Read More

20 August, 2017

Battery Shock - The chase for lithium

Thanks to explosive growth of electric vehicles and other gadgets, the share of ba..

Read More

06 August, 2017

Know Thy Washing Machine

The quirky tale of washing styles and sourcing impact.
..

Read More

23 July, 2017

Is procurement ready for Big Data Analytics?

While most companies believe in the impact of big data analytics in their supply c..

Read More

06 July, 2017

Gen Z And Procurement: Made For Each Other

They are willing to commit to a cause in exchange for a satisfying employee experi..

Read More