Procurement at the Heart of Business Richard Masser FCIPS Leading global excellence in procurement and supply
Richard Masser Procurement at the Heart of Business Harnessing your inner entrepreneur Leading global excellence in procurement and supply
Travelling the World… 2 million nautical miles Leading global excellence in procurement and supply
Career Journey Crestwood Eurospace Quantum Ladbrokes Autogem Wolseley Group Leading global excellence in procurement and supply
Eight Fundamental Philosophies Noise doesn't Plan,plan, Listen to the Respect at all mean plan quiet ones levels knowledge Professional Embrace and Be bold, Apply lean training, learn from confident and thinking development failures courageous and CPD Leading global excellence in procurement and supply
Procurement at the Heart of Business Commercial and legal knowledge Internal and P&SM at the Enterprise and external supply chain heart of relationship development business management Organisation-wide supply chain resilience Leading global excellence in procurement and supply
Qualities of an Entrepreneur They think independently but always listen to other people at all levels of the business They take individual responsibility but always work in teams They take controlled risks but do everything they can to mitigate them They have vision and surround themselves with likeminded, talented people They are magpies, taking best practice from any industry if it will work in their business They think strategically, laterally and out of the box and are never content with the status quo Leading global excellence in procurement and supply
Professions Matrix Human responsibility: Medical Accountancy Human responsibility: Client financial overall protection and Patient health safety and welfare welfare Estimated Quantum per annum: Estimated Quantum per annum: One GP = 1800 patient average One accountant = 200 client average Typical risks: Typical risks: Chronic or acute adverse health or death Error/fraud leading to financial loss Human responsibility: Dentistry Legal Human responsibility: Client safety overall protection and Patient health safety and welfare welfare Estimated Quantum per annum: Estimated Quantum per annum: One dentist = 2300 patients average One solicitor = 250 client [final] impact Typical risks: Typical risks: Chronic or acute pain and complications Client loses case implications various Human responsibility: P & SM Workers and stakeholder health safety and overall welfare Estimated Quantum per annum: Industrial procurement professional = 3000 workers average and stakeholders unlimited Typical risks: Life of misery, hardship and poor health, vulnerability, premature death, stakeholder health and safety exposure Leading global excellence in procurement and supply
Case study Dentist Desmond D’Mello struck off - 22,000 NHS dental patients tested for blood-borne viruses, one of the biggest in NHS history. - Approx. 160 of the 22,000 patients the dentist had treated in his career were at serious risk at the practice. - Several deaths are linked to the case. Source: The Guardian 12 November 2014 Leading global excellence in procurement and supply
Compare that with supply chain risks… 1,130 workers were killed at Rana Plaza in 2013 Horse meat scandal knocked £300m off Tesco’s market value Leading global excellence in procurement and supply
Operational issues have the longest lasting negative affect on share price Leading global excellence in procurement and supply
CIPS Journey CIPS President GBT Chairman 2015 ABBoT FBoT 2013 CIPS BoM 2012 2011 FCIPS CIPS 2010 Council 2009 Leading global excellence in procurement and supply
Summary Be a magpie and seek out best practices Be bold and courageous Listen to the quiet ones and have respect for others at all levels Shout out about successes and learn from failures Unharness your inner entrepreneurial spirit Leading global excellence in procurement and supply
Thank you for listening president@cips.org Leading global excellence in procurement and supply
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