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Innovation 'essential to improving procurement management'

4 October 2011

Companies seeking to improve the quality of their procurement procedures have been reminded of the necessity to embrace new ideas.

Paul Teague, contributing editor of industry publication Procurement Leaders, has stated that innovation is the "lifeblood" of any organisation, with procurement management proving no exception to this.

As such, the expert said it is imperative that any new ideas proposed during a meeting are given a proper hearing to assess whether they have potential to be developed into something worthwhile.

Mr Teague said innovation can also be encouraged by inviting staff and suppliers to bring in fresh ideas, even if this requires coaching and active coaxing.

"Innovating isn't easy. It takes a willingness to question things and to risk having your ideas challenged. And contrary to conventional wisdom, it takes discipline," he added.

This comes after research from Ardent Partners last month revealed that delivering savings and improving processes are the key issues affecting procurement professionals at present.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits. www.odgersinterim.com


Categories: Functional Practices

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