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Innovative Procurement or Procurement Innovation?

Posted by on Apr 11, 2018 in Osborne Insights Blogs | 0 comments

Innovative Procurement is a popular topic these days in the procurement sector of all industries. One of the first questions I’m asked when the topic comes up is whether it’s Procurement Innovation i.e. how procurement staff do their work or, Procuring Innovation i.e. contracting for innovative products or services. While it could be either, Innovative Procurement is done best when both innovative procurement processes and tools are applied to contracting for all products and services. Applying innovative procurement tools and strategies often yield unforeseen benefits even when procuring standardized products and services.  Some products and services may look the same as they did ten or fifteen years ago but the manufacturing process and supply chain behind them has definitely changed.  Up-to-date procurement strategies will offer opportunities for suppliers to demonstrate how their business and product innovations can benefit you as a customer. Leading organizations focus their strategy on procuring value as defined by a desired business outcome or solution when considering the options delivered by innovative products or services.  A value oriented evaluation process avoids the time consuming effort of breaking up product proposals into sub-elements, carrying out a detailed sub-element comparison but never quantifying whether the sum of the parts will deliver the “goods” – so to speak. Understanding the marketplace for the product or service being procured is an important step in the Procurement Innovation process.  Researching the marketplace and engaging with suppliers to understand their business processes and challenges creates the insight to ask suppliers innovative questions that uncover value and identify the best match between your needs and supplier offerings. Suppliers benefit from procurement innovation when the unique benefits and value of their product or service are given weighting in the procurement decision. If your organization is using the same procurement tools and techniques they were using ten years ago, then you are likely missing out on valuable innovation that doesn’t fit into a traditional procurement template.  Flexing your organization’s innovative procurement muscle now, even for relatively standard procurements, will prepare your organization to “Innovatively Procure Innovation” and find innovative solutions that will deliver a better business outcome. Visit Osborne-group.com for other Principals’ ideas and opinions on a range of topics. The Osborne Group provides interim executive management, consulting and project support across all sectors and over a broad scope of service...

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The Art of Innovation

Posted by on May 24, 2017 in Osborne Insights Blogs | 0 comments

Innovation is a popular topic these days, usually discussed in the context of a business transformation or start-up.  Recently I toured the Chagall Colour and Music exhibit at the Musee des Beaux Arts in Montreal and found it to be a great example of personal innovation. The Montreal exhibit presents many of Chagall’s works on paper which are drawings depicting everyday life in the Jewish community.  The exhibit starts with relatively simple, modernist line drawings sometimes with a lot of colour, sometimes less.  As I progressed through the galleries, the displayed art became more intense with colour and movement which was proclaimed, in my mind, by Chagall’s  “Rooster Man”painting.  Rooster Man is entirely different than the works displayed near by.  I had to wonder what could have inspired Marc Chagall to diverge from his established style to something so wildly imaginative. As I continued through the exhibit, I was amazed at how Chagall innovated in small ways, incorporating fabric in his paintings, designing rugs, then moving on to progressively larger innovations as he found new mediums to present his artistic talent.  After the death of his wife Bella, Chagall started designing costumes for operas. Then he took up stained glass work and finally, stone carving.  Throughout all his works, Chagall’s unique modernist style is constant even as the medium changed. I have to admit that I mostly cruise through art exhibits looking only at the things I find personally appealing.  It wasn’t until I was half way through this exhibit that I started to perceive Chagall’s talent for personal innovation and slowed down to have a closer look. No doubt the people who organized the exhibit anticipated that art aficionados would be inspired by Chagall’s art.  While I did appreciate Chagall’s art, particularly Rooster Man, I can’t count myself among those with great artistic appreciation.  Nonetheless, there’s inspiration in Chagall’s work as an excellent illustration of personal innovation, looking for and adapting to new ways to package and deliver your talents to a growing audience. Marc Chagall’s ‘Rooster Man’ Margaret Bawden Strategy & Supply Chain Transformation &amp;amp;amp;amp;lt;/p&amp;amp;amp;amp;gt;&amp;amp;amp;lt;br /&amp;amp;amp;gt;&amp;amp;lt;br /&amp;amp;gt;&lt;br /&gt;<br /> &amp;amp;amp;amp;lt;div style=”display:inline;”&amp;amp;amp;amp;gt;&amp;amp;amp;lt;br /&amp;amp;amp;gt;&amp;amp;lt;br /&amp;amp;gt;&lt;br /&gt;<br /> &amp;amp;amp;amp;lt;img height=”1″ width=”1″ style=”border-style:none;” alt=”” src=”//googleads.g.doubleclick.net/pagead/viewthroughconversion/940422155/?value=0&amp;amp;amp;amp;amp;amp;guid=ON&amp;amp;amp;amp;amp;amp;script=0″/&amp;amp;amp;amp;gt;&amp;amp;amp;lt;br /&amp;amp;amp;gt;&amp;amp;lt;br /&amp;amp;gt;&lt;br /&gt;<br /> &amp;amp;amp;amp;lt;/div&amp;amp;amp;amp;gt;&amp;amp;amp;lt;br /&amp;amp;amp;gt;&amp;amp;lt;br /&amp;amp;gt;&lt;br /&gt;<br />...

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What I Learned at Summer Camp

Posted by on Sep 7, 2016 in Osborne Insights Blogs | 0 comments

Many of the organizations I have worked with are, in some way or other, a cooperative or collaborative.  These are people, and their organizations, that have come together in cooperation to create something that is more than they could be on their own.  However, cooperation requires some degree of sacrifice of independence and individualism.  The way an organization manages the tension between cooperation and individualism is often characterised by culture.  Not that long ago, I found myself quoting the Three Musketeers – “All for One and One for All”.  At the time, it seemed a simple, universally familiar, way of expressing the path to maintain a positive, cooperative culture.  Then I was reminded of a motto from my days at summer camp – “The Best of Each for the Good of All”.  This seems a better, if somewhat more complicated, motto for cooperative work.  I like the idea that, in a cooperative environment, everyone brings their best ideas and efforts to benefit everyone.  A cooperative that respects individuals for bringing their best to the table creates a positive culture that will find a successful balance between cooperation and individualism. Margaret Bawden Strategy & Supply Chain Transformation &amp;amp;lt;/p&amp;amp;gt;&amp;lt;br /&amp;gt;&lt;br /&gt; &amp;amp;lt;div style=”display:inline;”&amp;amp;gt;&amp;lt;br /&amp;gt;&lt;br /&gt; &amp;amp;lt;img height=”1″ width=”1″ style=”border-style:none;” alt=”” src=”//googleads.g.doubleclick.net/pagead/viewthroughconversion/940422155/?value=0&amp;amp;amp;amp;guid=ON&amp;amp;amp;amp;script=0″/&amp;amp;gt;&amp;lt;br /&amp;gt;&lt;br /&gt; &amp;amp;lt;/div&amp;amp;gt;&amp;lt;br /&amp;gt;&lt;br /&gt;...

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Setting Global Standards for Supply Chain professionals

Posted by on Nov 10, 2015 in Osborne Insights Blogs | 0 comments

I was recently in Barcelona Spain at the International Federation of Purchasing and Supply Management (IFPSM) World Summit. The IFPSM brings together 48 national purchasing and supply management associations from around the world to discuss trending purchasing and supply management topics and strategies for increasing the value of membership in national associations. National associations took considerable interest in IFPSM’s Global Standard accreditation program for post-secondary purchasing and supply management programs. The Global Standard is a universal measure against which educational programs, degrees and designations are evaluated for the depth and breadth of their curriculum to ensure that it adequately prepares graduates to take on leadership roles in procurement and supply chain organizations. The Standard measures the mix of knowledge, learning and skills that are critical to the purchasing and supply management profession, for Bachelor degree or equivalent courses which are typically three to four years in duration. Programs that receive the IFPSM Global Standard have clearly demonstrated their ability to produce graduates who meet a rigorous world standard for procurement professionals. Several universities and organizations have already achieved the Global Standard Accreditation including Canada’s Supply Chain Management Association (SCMA), the University of Twente in the Netherlands, Old Dominion University in Virginia, USA, and, the Swiss national association Procure.ch to name a few. Global education and work opportunities have not been widely available to supply chain professionals. With the expansion of the Global Standard, supply chain professionals and their employers will be able to align individuals and skills to meet the demands of the global market creating greater labour mobility among supply chain professionals and further development of supply chain careers. You can find out more about the IFPSM Global Standard at www.ifpsm.org/global-standard/. Margaret Bawden Strategy & Supply Chain...

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