An EIPM Laboratory
The Value Creation Observatory is a research project to measure the progress of the Purchasing profession towards Value Creation.
It consists of a series of surveys, workshops, case studies and publications. The results shed light on important questions in terms of achievements and practices and result in a report of the findings and recommendation for actions.
This laboratory project has been positively welcomed by practitioners and we are open to receiving contribution such as testimonials or case studies. If you are interested in collaborating, contact us!
Risk Management: The stakes
Risk is defined as the effect of uncertainty on objectives . Handling risks requires to understand their likelihood and their impact on the business. This is the foundation of a significant prioritisation exercise. However other factors such as the detectability and the time dynamic of a company’s reaction also influence the outcomes.
Innovation Culture in Purchasing
Are we ready?
The rapid pace of changes requires companies to innovate more, to innovate faster and more efficiently. When it comes to innovation, culture is an essential ingredient of success.
If purchasing teams around the world want to seize opportunities, they will need a different mindset that embraces creativity, risks, failure and curiosity.
Partnering with Start-ups
Purchasing is the key for success
Purchasing teams are increasingly realizing that they need to look beyond the classics and search for new opportunities to contribute to their Company’s success.
This sometimes includes working with Start-ups! Our Companies are now surrounded by dynamic ecosystems where Start-ups are gradually taking prominent roles.
The Internet of Things
Time to re-think the Purchasing Business Model
With the advent of the internet of things, a number of megatrends have started to collide. How companies strategise, innovate, operate and engage with external players becomes utterly important.
Purchasing teams have an opportunity to rethink their Business Models and to be amongst the pioneers who will lead this transformation.
Innovation with Suppliers
The age of Edgeless Innovation
As companies have extensively streamlined their activities around core competencies, their success now depends on external sources of innovation.
For Purchasing teams, this promises many changes ahead and offers unique opportunities and challenges.