Selecting the most appropriate purchasing strategy for the organisation’s products and services is paramount for any procurement professional. In this blog post, we review how both the Kraljic Matrix and Kenton Supply Model can be used to evaluate risk and [...]
About Red BarringtonThis author has not yet filled in any details.
So far Red Barrington has created 20 blog entries.
Back in 1979, Michael Porter created Porter’s Five Forces Model. He suggested portrayed the five forces that shape industry competition as well as strategy. Those five forces consisted of the bargaining power of suppliers, the bargaining power of buyers, the [...]
Procurement objectives and analysis of the procurement function are normally set against the five rights of procurement. Over the years this approach has been highly successful, but as the role of procurement develops, so does the interpretation of the five [...]
Damage to an organisation’s reputation can have a direct and catastrophic impact upon its market share and profitability. Yet time and time again large corporations and institutes continue to engage in ‘toxic' outsourcing. This is the strategic decision to outsource [...]
Oxford College Of Procure and Supply are celebrating a superb set of CIPS Exam results for the recent July 2018 examination board. Students achieved an overall 92% pass rate, a fantastic result! Our reputation for delivering exceptional examination results continued, [...]
Issac Asimov's three laws of robotics state: A robot may not injure a human being or, through inaction, allow a human being to come to harm. A robot must obey orders given it by human beings except where such orders [...]
Oxford College of Procurement and Supply students are celebrating fantastic CIPS exam results for the recent November 2017 examination board. The college attained an overall pass rate of 86% across both CIPS Diploma and Advanced Diploma qualifications. Students across the [...]
The traditional tool used to analyse and evaluate the macro environment is either PESTLE or STEEPLE. The STEEPLE acronym covering socio-cultural factors, technological factors, economic factors, environmental factors, political factors, legal factors and ethical factors. All of these areas can [...]
The picture on the ground in Florida is very different from the pictures on the news. There is a sense of foreboding across the state all the way from the Florida Keys up through Tampa on the west coast and [...]
The tragedy of Grenfell Tower is a shocking reminder of the need for competent procurement both in the public and private sector. Fingers have been pointed at officials, contractors and MP's. The sad fact of the matter is that this [...]