News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Register for free
Receive the CW newsletter and access CPE webcasts.
- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aly McDevitt2023-02-16T16:00:00
Lockdowns. Factory shutdowns. Labor and goods shortages. From Covid-19 to the Suez Canal blockage, the global tumult of the last three years has underscored the criticality of supply chain management for businesses.
Despite the importance of the job, procurement has historically received a lackluster reputation as a backroom function myopically focused on cost-cutting. Boston Consulting Group (BCG) procurement experts Christian Schuh, Wolfgang Schnellbächer, Alenka Triplat, and Daniel Weise beg to differ. Their book, “Profit from the Source: Transforming Your Business by Putting Suppliers at the Core,” rethinks the function’s reputation.
“In many companies, if not most, procurement is an unglamorous, unloved part of the business,” the book states. “… The CPO (chief procurement officer) and the procurement function are marginalized because procurement is a deeply misunderstood corporate capability.”
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Register for free
Receive the CW newsletter and access CPE webcasts.
2023-12-05T18:00:00Z By Aly McDevitt
Movies and TV shows might have launched a thousand armchair experts on the topic of money laundering, but few can explain how or why it’s done. Ola Tucker’s book, “The Flow of Illicit Funds,” does exactly that.
2023-08-15T12:00:00Z By Kyle Brasseur
Author Mary Shirley establishes her ethics and compliance advice book as relatable for all practitioners, junior or senior level. The result is an enjoyable read that offers something for everyone from any E&C background.
2023-06-08T12:45:00Z By Aly McDevitt
Jamie Fiore Higgins’s experiences at Goldman Sachs as chronicled in her memoir “Bully Market” prove a timely read following the investment bank’s $215 million class-action settlement over gender discrimination.
2024-06-17T21:11:00Z By Jeff Dale
Top-of-mind issues addressed at Compliance Week’s Third-Party Risk Management & Oversight Summit, held June 3-4 in Atlanta, included safe deployment of artificial intelligence, assessing vendor viability and sustainability, understanding the role of procurement in risk ranking, the intersection (or lack thereof) between data privacy and cybersecurity, and many others.
2024-05-22T16:29:00Z By Aly McDevitt
Anne Morriss, co-author of “Move Fast and Fix Things,” advises compliance officers to tap into curiosity, communicativeness, and comfort with discomfort to build organizational trust, fast.
2024-05-16T13:43:00Z By Kyle Brasseur
Regulators and government agencies often speak to the value of empowered corporate compliance programs to advancing their mission. Why not practice what they preach by empowering compliance among their own ranks?
Site powered by Webvision Cloud