What is your roadmap to deliver 5% EBITDA margins in 2023? The top 1% of Procurement CPOs are solving big challenges of 2023 and beyond, whereas the rest of the 99% are preparing for "keeping the lights on" as a priority! This is how I will set my goals for 2023 1.) Priority Areas for Cost Management = 30% 2.) Risk Management and Negotiation Excellence = 20% 3.) Aggressive Automation = 10% 4.) Digital Process Governance = 20% 5.) Sustainability =20% Let me expand on the first

These are 3 disruptive procurement practices (Not easily palatable for risk-averse CPOs) to increase the output from your precious consulting dollars! 1.) Ready for this? Insource and Pay: If your consulting requirement is getting external insights and benchmarking, you can hire consultants. But, if your requirement is low-medium complexity optimisations, internal assessments, and fixing things internally, you can advertise such projects first on an Internal Marketplace (have

You know what REAL procurement excellence and digitization of top 1% players looks like? ✨ The most transformative and game changing work is boring, difficult and extremely tactical. There is absolutely zero chance of being philosophical in Procurement Transformation and Excel at the execution. (So filter out firms/people who lack execution & tactical capabilities. Goodbye Ineffective Project Managers/Consulting Firms/Conferences). Let me give you an insight what goes under t