Discuss, debate and exchange ideas on latest trends and opportunities in the Business Process Management (BPM) landscape. Deliberate on adding “business value” to clients, vendors, employees and various other stakeholders to enhance customer satisfaction and sustain long term partnerships.


January 3, 2014

Sourcing at Cloud Number 9

Many companies are getting on the bandwagon of cloud. But switching to cloud is a big change and with all the euphoria and excitement around it, sourcing and procurement function has to play an important balancing act to realize its true value.

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October 18, 2013

7 Smart Lessons for Sourcing & Procurement Professionals

7 smart lessons I've learned from my mentors through the years. Particularly relevant in my work area - Sourcing and Procurement.

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June 6, 2012

Greed is good - Particularly for Procurement

As a Sourcing and Procurement professional, I can put my hand on my heart and say that I've been driven by greed to get highest value on my spending and I'm not ashamed to accept that. What about you?

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May 4, 2012

Procurement Value - A Penny Saved

Benjamin Franklin said, "A penny saved is a penny earned". True indeed, but the common problem faced by CPOs has always been - How to define a "saved penny" or "Procurement Value" as few call it.

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December 27, 2011

Using Your Peripheral Vision

Recently I was driving my car on a long distance trip and I noticed how I was using my peripheral vision more than I usually do during my daily routine. I was constantly scanning not just the road ahead of me but also everything on both sides of the road, and making some calculated changes to my driving style to be prepared for anything. This is mandatory in Indian driving conditions because there are some well-known "hazards" that will keep popping up in front of you. These could be stray dogs, domestic cattle, local cyclists, school children, or the most dangerous one "The daring teenager on bike".
Coming back to peripheral vision, the idea is to maintain the focus on the road but at the same time train your mind to "look out", so that it becomes a habit that flows naturally. And then it struck me, mature BPO buyers are no longer focusing only on their "Tunnel Vision" which is labor arbitrage. Like the car trip, the prime objective still remains going from point A to point B -- which is reducing the cost of operations -- but they are also asking the service providers to use their "peripheral vision"  to lookout and avoid potential hazards for the business, and to be flexible enough to change the driving style, if required.
And just like in driving a car, for it to be effective, the use of peripheral vision has to become a habit. A service provider should continuously look for Continuous Improvements Opportunities, advise the partner firm on potential areas of growth, and create such confidence with the customer that he is even willing to let you drive his Porsche on busy Indian roads.
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