Monthly Top 5 - February 2022

Author

Joël Collin-Demers
February 28, 2022 • 📖 4 minutes

Hi there,

The end of the short month of February always sneaks up on me when I have my back turned... So it came and went and the newsletter stayed on my "To Do" List.

However, there was some good reading to be done with February articles so here they are! Better late than never as they say.

Enjoy and, as always, don't hesitate to get in touch, 

Joël

Top 5 Source-to-Pay Articles - February 2022

#1 - Deloitte 2021 CPO Survey

Every year, this is one of my favorite pieces of content to come out of the Procurement space. It's packed with trends and insights from the Procurement space.It's a great report to use as a "checklist" against your corporate objectives to see if there's any big pieces missing. It also gives you a sense of your maturity vs. the global market.

#2 - Objectives Should Fit Into a Career!

Always interesting to see how different companies have dealt with digital transformation projects and the challenges faced. Especially where they are a brand you know!Here's an excerpt:"

There is so much more to becoming digital first than enabling transactions and speeding up the supply chain. Technology must extend deep into our ways of working for the organization to realize all the benefits it offers." 

#3 - When and Why Use Blanket Purchase Orders?

Blanket Purchase Orders (BPO) have been around forever. However, this is a great little primer to remind you what they are, when and you should use them. I always find going back to basics regularly useful.

While reading, it might spark some ideas about how to apply this to your business.

#4 - How to Approach ESG in the Supply Chain

Environmental, Societal and Governance (ESG) considerations in your supply chain is increasingly becoming a priority in organizations worldwide (as you can see in the Deloitte survey above). Why?

  • Consumers are increasingly making buying choices based on the ESG practices of the competitors on the market

  • Employees are increasingly choosing employers based on the ESG practices of their company

ESG is starting to become a good investment instead of simply a noble cost to bear. This means companies can no longer ignore ESG without tangible consequences. The following article is a primer on where to start.

#5 - How Procurement Professionals Can Help Support Ukraine

We can sometimes feel powerless at the individual level given what is happening in the world right now... One thing you can do is put your professional skills to good use in your extra time!

If that's of interest to you, check out this article.

You wrote or read a great article? Send it my way, I'd love to read it.

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