seizing today, embracing tomorrow
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Seizing Today, Embracing Tomorrow. Seizing Today, Embracing Tomorrow. Peter Rushton – CIPS President 11 h May 2011. The Elephant in the room…. Seizing Today, Embracing Tomorrow. Seizing Today. The changing world. Seizing Today, Embracing Tomorrow. - PowerPoint PPT PresentationTRANSCRIPT
Seizing Today, Embracing Tomorrow Peter Rushton – CIPS President11h May 2011
Seizing Today, Embracing Tomorrow
The Elephant in the room…
Seizing Today, Embracing Tomorrow
Seizing Today
G7US, Japan, Germany, UK, France, Italy, Canada
E7 China, India, Brazil, Indonesia, Turkey, Russia, Mexico
0
15
30
45
trn 60
2010 2020 20302000
E7 GDP
G7 GDP
The E7 will overtake the G7…GDP at purchasing power parity (constant 2008 $s)
Sunday Times
The changing worldSeizing Today, Embracing Tomorrow
The changing world
2010 2050
Seizing Today, Embracing Tomorrow
Energy in crisis
Fossil fuels are running out
“After 2015, supplies of easy to access oil and gas will no longer be able to keep up with demand”CEO of Shell, Jan 2008
Seizing Today, Embracing Tomorrow
Seizing Today, Embracing Tomorrow
• Our profession is in the spotlight
• The performance bar has been raised
• Can we deliver & meet expectations?
Procurement & Supply is in the news
RELEVANT
Organisational requirements are changing
Procurement
Supply
• Risk management
• Logistics
• Outsourcing
• Globalisation – China price
• Sustainability
• Volatility in commodities & currencies
• Collaboration
• Reputation
ValueProposition
Seizing Today, Embracing Tomorrow
Return on InvestmentRatio of total expenditure cost savings to the cost of procurement effort, 2010
11.3
4.1
Non-World-Class World-Class
176%
Source: The Hackett Group, Chris Sawchuk, 2010
World Class Supply ROISeizing Today, Embracing Tomorrow
• 25% of CPO’s report directly to the CEO
• Procurement is represented on 70% of all Boards of directors
Source ; Cap Gemini consulting
The Elephant in the room…
Seizing Today, Embracing Tomorrow
Embracing Tomorrow
Capturing the next generation of talent
Seizing Today, Embracing Tomorrow
We ALL need to do more -
• Educate
• Promote
• Win hearts and minds
What can you offer me?
• Middle Manager pay better by 8%
• Senior Manager pay better by 16%
• Head of function pay better by 10%
• Director pay better by 20%
Seizing Today, Embracing Tomorrow
Y NOT?
Thank you
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