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Harvesting Supplier Innovation (Part 1)
On Monday, I made the case that “targeted bets on some smaller suppliers can help enterprises find that next big (or key incremental) innovation.” Today we’ll look at how procurement... Read more
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A Cinderella Story
Everyone loves an underdog. Tonight at 9:21 pm ET at Lucas Oil Stadium in downtown Indianapolis, Butler University tips off against Duke University in the NCAA Men’s Basketball National Championship... Read more
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Opening Day – Welcome to CPO Rising!
Welcome to CPO Rising, the first independent site that seeks to chronicle the continuing rise of Chief Procurement Officers (CPOs) and other supply management leaders within the enterprise business ranks.... Read more
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ePayables: The Digital Difference Webinar
A deficient accounts payable function creates problems for procurement and the CPO. AP departments that lack technology, centralization of oversight, and visibility negatively impact procurement processes and performance. A discussion... Read more
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“We have no specific procurement goals.”
The title of this article was the response I received to the question “How does your CFO measure your performance?” that I posed to the director of procurement for a... Read more
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The “CPO Bump”
While the cost of some marketing programs can be excessive, effective campaigns can pay huge dividends for many years. One of the most challenging aspects in all of marketing is... Read more
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On the Bubble
March Madness is upon us. The NCAA Division I Men’s College Basketball Tournament kicks off this week with a field of the top 64 65 teams taking to the courts... Read more
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And the Winner is…… (Part 2)
Last Friday, I discussed the value of awarding individuals and teams for their performance over the course of a year. On Wednesday, I highlighted the value of an annual Supplier... Read more
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Supplier Day, Beautiful Day
I have been tracking the procurement activity at LG Electronics (“LG”) since Tom Linton joined as the first Chief Procurement Officer (CPO) in company history (after a long stint at... Read more
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CFO-CPO Relations: A Work in Progress
As someone who has worked for many years in both finance and supply management, I have always found the relationship between the CPO and the CFO (and their departments) to... Read more
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