A PARTNERSHIP APPROACH
SUSTAINABILITY
net wider and looking outside the box for an updated leadership mould .
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A PARTNERSHIP APPROACH
The new breed of procurement talent is able to recognise that the modern consumer demands more than simply competitive prices . A series of highprofile business trust issues mean customers are more switched on to the environmental , ethical and social responsibility of their chosen brands – and this , in turn , has highlighted the importance of a sustainable supply chain to minimise business risk .
Strategic sourcing plays a crucial role here , which is driving another evolution – this time towards a partnership approach in supplier relationships . Successful leadership now involves looking at suppliers as not just a provider of goods or services , but as a fundamental part of their own business .
As a result , the new breed of leaders will use emotional intelligence and strategic nous to form a collaborative relationship with suppliers – ensuring they have an understanding , a view , and in some cases an investment , in the future of the business as a whole .
“ It is becoming increasingly important for Chief Procurement Officers to build a culture of innovation and investigation ”
— Richard Guest , Principal Consultant , Berwick Partners
AUGUST 2019