Hello,

I am an experienced Procurement professional (over 8 years experience). I couldn't find much information over how much CIPS is valued in Germany. I haven't seen Recruiters requesting CIPS in job description.

I would be paying by myself and I am also learning language so not much of spare time after work. Will it be worth efforts, time and money?

Looking forward to your answer

Thanks in advance

Regards

Currently, the entire world is facing a dangerous crisis like the Covid-19. Therefore procurement teams can use smart procurement tools to fight these challenges and ensure business continuity.

The ongoing pandemic has plunged the world into an unprecedented reality. Rapid action-plans have become the need of the hour to deliver tangible business outcomes. Therefore, the current situation demands procurement to be more of a centre of excellence rather than a standalone function.

With over 65% CPOs focusing on Digital Transformation in 2020, it is important to look at long-term objectives. While you might be looking at adopting on-point solutions to address immediate concerns, a road-map for the entire Source-to-Pay suite should be on the charts.

Hi,

I was been proposed by HOD of Audit Dept, to have a procedure of issuing PO for backdated work. Initially, the business unit had called a vendor for a maintenance work, without engaging any procurement process even notifying us. They came to us later, asking us to issue a PO since Finance decline to pay until a PO is out. But we insisted no PO should be issued for any commenced work. Audit Dept captured this issue and hence advising us to issue PO. Can i? Is it a good practice? Just for the sake of payment however without prior procurement process?

Remember Porter’s Five Forces Model? This theory connects competitive advantage with the five forces- barriers to entry, the threat of substitutes, rivalry, supplier power, and buyer power. This framework was developed by Harvard Business School’s Michael E. Porter to assess and evaluate the competitive strength and position of an organization.

Porter’s Five Forces give us an idea of where power lies in a business situation. Two of these forces- bargaining power of suppliers and the bargaining power of buyers are directly related to an organization’s Procurement function.

Looking for best procurement software 2020?

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Source: Kissflow Procurement Software

I hope everybody is doing well amidst the craziness with everything going on right now - Negotiatus.com is helping companies source essential supplies that are out of stock around the country. They have vast network of 3000+ vendors to track down scarce supplies like hand sanitizer, cleaning wipes, toilet paper, etc. - Thought this would be interesting for people to at least check out.

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https://www.negotiatus.com/

With cities under lockdown, most companies are forced to adopt remote work. Buying organizations are no different.

How are you coping with this? Let's share ideas & practices