My “Must Read” article this week comes from Greg Tennyson, CPO of VSP and was published on Art of Procurement. I think this is the first time that I have featured an Art of Procurement article as a must read – frankly, because I launched This Week in Procurement as a way to feature writing from across the procurement ecosystem. However, this one has been very well received – and is an article that I love.
Greg shares a 100-day “to-do” list for the new CPO, or for procurement leaders embarking on a transformation program. The Moolah mascot that he created at VSP has become legendary within Northern California procurement circles!
Procurement Transformation: A CPO’s “To-Do” List for the First 100 Days | Greg Tennyson, VSP Global
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OTHER INTERESTING ARTICLES
RANT: Modernizing The Procurement Professional | James Patounas, Strategic Sourceror
Prioritising Long-Term Strategic Value over Short-Term Savings | David Yin, GEP
Both UK Economic and Global Geo-Political Risks Grow | Peter Smith, Spend Matters
Deconstruct past processes to prepare for the future | Kelly Barner, Buyers Meeting Point
How to Be a Better Procurement Boss | Bronwen Han, Argentus Supply Chain Recruiting
How procurement can help rather than hinder innovation | Sarah Vizard, Marketing Week
Increase Your Procurement Team ROI With Clear Communication To Business Stakeholders | Nicholas Walden, The Hackett Group
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PROCUREMENT & SERVICE PROVIDER NEWS
Waterloo-based Bonfire raises $11 million to automate the procurement process | Jessica Galang, BetaKit
Coupa Software (COUP) Releases Q2 Earnings Guidance | David Glaser, Sports Perspectives
Exeter’s blur Group to cut pay and suspends shares as further funding is sought | Hannah Finch, Devon Live
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@ THE ART OF PROCUREMENT
Podcast: 142: Is “Best-in-Class” Procurement a Fallacy?
Blog: Against the Odds: Four Keys to Procurement Outsourcing Success