WHERE CPOs CAN AIM AI: PRIORITIZED PROCUREMENT USE CASES

Today, acquiring goods and services relies on a series of nodes and networks to function without - or despite - minimal interruptions. The past few years of infections, invasions and, more recently, inflation, have caused significant damage to the network and created a perfect storm of challenging conditions.

ISSUES IN CPO AND SOURCING ORGANIZATION DIGITAL EFFECTIVENESS

There is a useful framework or construct for activities and issues that are critical to an organization’s success. We call these issues “moments that matter.”

MANUFACTURING MANAGEMENT: FIVE WAYS TO IMPROVE YOUR PROCESSES

Inefficiency plagues the manufacturing industry. Statistics are studied and cited more now than at any other point in history. Plant managers and engineers spend their days gawking at facts and figures. However, it seems like many companies still don't know how to put together an actionable plan to correct problems they may have dealt with for years.

THE CPO RESPONSIBILITIES AND ESSENTIAL FUNCTIONS

CPO is the highest-ranking product manager who is expected to align product development with the company’s business strategy and customer needs. To achieve this broad and challenging goal, the CPO takes responsibility for the following tasks and processes

4 PROCUREMENT SUCCESS METRICS EVERY CPO NEEDS TO TRACK

Every member of an organization’s C-suite wants to know: How does procurement contribute to overall goals and strategy? To provide the answer, procurement teams must rely on metrics.

12 THINGS PRODUCT MANAGERS SHOULD DO IN THEIR FIRST 30 DAYS AT A NEW COMPANY

Ken Norton is a product partner at Google Ventures where he advises startups on product management and also helps organize workshops.

FIVE TRENDS FOR THE FUTURE OF MANUFACTURING

Manufacturing is a hot topic again, undergoing the industry’s greatest change in more than 100 years. Domestic jobs have evaporated from many countries with globalization, offshoring may be reverting to near shoring and automation threatens to replace more workers every day. The way we build and deliver the goods and products that fuel our economies and our lives will never be the same.

COMPANIES SPEND BIG TO LURE DATA AND AI SCIENTISTS

In Beijing, the Tencent Holdings-backed corporation is looking for a machine-learning specialist who can help advance its driverless delivery project, and an algorithm team leader who can optimize its supply, storage, and delivery systems.

CUT COSTS, GROW STRONGER

To reduce expenses for the long term and lead the way to recovery, start by taking a strategic view of your capabilities.

CASE STUDY: LEGO

The story: For almost 70 years, Lego experienced steady growth. But in 1998 the company started losing money. By 2003, sales had dropped by 26 per cent and in 2004 by a further 20 per cent; these two years represented the biggest losses in Lego history.

IMPORTANT TIPS FOR ENTREPRENEURS

Starting and maintaining a business is no easy task. There are many factors that come into play. The success rate is much lower when compared to other industries. The risk involved turns many people off from opening one of their own.